contract theory
in economics, studies how economic actors can and do construct contractual arrangements, generally in the presence of asymmetric information
en-GB/ˈkɒntɹækt θɪəɹiː/
en-US/ˈkɑnˌtɹækt ˌθiəˌɹi/
in economics, studies how economic actors can and do construct contractual arrangements, generally in the presence of asymmetric information