Foreword to the Second Edition ix
Foreword to the First Edition xi
1 Introduction 1
2 Adverse Selection: General Theory 11
3 Adverse Selection: Examples and Extensions 43

4 Signaling Models 97
5 Moral Hazard 119

6 The Dynamics of Complete Contracts 161
7 Incomplete Contracts 193

8 Some Empirical Work 211
References 221
Appendix: Some Noncooperative Game Theory 223
References 232
Name Index 233
Subject Index 235