Economic Theory of Contracts

3 ECTS / Semester / Portuguese

Learning outcomes

  • Provide a general framework of the Economic Theory of the Contract (ETC) and  its main research topics.
  • Understand the utility of an economic approach to law.
  • Grasp the economic principles underlying contracts.
  • Comprehend the informational problems behind contract formation.
  • Understand the tools developed to address these informational issues.
  • Recognize the strategic value of contracts.
  • Reconcile legal and economic perspectives in analyzing issues raised by distribution  contracts.

Programmatic contents

Taught by Professor Fátima Barros:
I. Agency Relationships and Contracts
Issues in contract design: Bounded Rationality, Information Asymmetry, Incomplete Contracts, and Specific Assets
II. Contracts and Incentives
III. Contracts and Risk Sharing

Taught by Professor Fernando A. Ferreira Pinto:
I. General Introduction to ETC
II. Transaction Cost Theory
III. Commercial Distribution; Distribution Contracts
IV. Economics of Distribution Contracts
V. Legal Regime Issues in Distribution Contracts (Duration, Customer Indemnity)

Programs:

Faculty

Fátima Barros

Fátima Barros

Associate Professor
Holds a PhD and an M.Sc. in Economics from the Universite Catholique de Louvain and a B.Sc. (Licenciatura) in Economics from UCP. Fátima Barros was Dean of…
Programs:
Fernando Ferreira Pinto

Fernando A. Ferreira Pinto

Professor of Law
Assistant Professor at Católica | Lisbon School of Law, where he earned his Doctoral Degree in 2012 (Distribution Agreements. Protecting the integrated…
Programs: