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Economic Analysis of Information and Contracts - Essays in Honor of John E. Butterworth (Hardcover, 1988 ed.)
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Economic Analysis of Information and Contracts - Essays in Honor of John E. Butterworth (Hardcover, 1988 ed.)
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The three coeditors knew John Butterworth for many years and had
worked closely with him on a number of research projects. We
respected him as a valuable colleague and friend. We were greatly
saddened by his untimely death. This book is an attempt to remember
him. We dedicate the volume to John with thanks for the
contributions he made to our research, to the Faculty of Commerce
and Business Administration at the University of British Columbia,
and to the accounting profession. This volume contains twelve
invited papers on the general topic of the economic theory of
information and contracts. We asked leading scholars who had known
John to contribute papers. The response was very gratifying. The
authors provided us with new strong research papers that should
make a lasting contribution to the accounting and information
economics research literature, and make us all proud to have put
this volume together. The research papers in the volume are in
three sections: information evaluation in multi person conte)l: ts;
contracting in agencies under moral hazard; and contracting in
agencies with private information. We begin part I with Jerry
Feltham's review of John Butterworth's pioneering contributions to
the accounting and information economics literature. This is
followed by an introduction to the papers in the volume and the
papers themselves.
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