1. His main research work is on growth and contract theory . 2. Macneil s essential contract theory offers some 14 norms. 3. Thus he preceded Thomas Hobbes in formulating social contract theory along with earlier scholars. 4. :* Social contract theory is an attempt to justify limitations by political authority. 5. He is a specialist in the fields of law, labor and contract theory . 6. A leading textbook exposition of complete contract theory is Laffont and Martimort ( 2002 ). 7. These experiments connect the ultimatum game to principal-agent problems studied in contract theory . 8. Libertarian philosophers such as Michael Huemer have raised criticisms targeted at the social contract theory . 9. Bergemann's research is concerned with game theory, contract theory and mechanism design. 10. The incomplete contracting approach has been subject of a still ongoing discussion in contract theory .
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