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Professor James Malcomson

MA, PhD, FBA
Emeritus Fellow since 2013
My research is primarily concerned with the economics of contracts, especially their implications for labour markets and the provision of health services. In these, as in many other services, important aspects such as the quality of service to be provided are often difficult to specify contractually in advance in a legally enforceable way. Two important issues then arise: (1) how best to structure the contract so that what the parties want is actually provided and (2) what the implications are for delivery of services. I have particular interest in the economics of relational contracts, on-going relationships in which not all contractual details are fully specified in advance in a legally enforceable way. These pervade economic life, especially employment and provision of complex services such as health care.
Professor James Malcomson
  • Background

    • Emeritus Fellow, All Souls College (from 2013)
    • Professor of Economics, University of Oxford and Fellow, All Souls College (from 1999 to 2013)
    • Professor of Economics, University of Southampton (from 1985 to 1998)
    • Lecturer, Senior Lecturer in Economics, University of York (from 1971 to 1985)
    • Postgraduate and teaching Fellow in Economics, Harvard University (from 1967 to 1971)
    • Undergraduate, Gonville and Caius College, Cambridge (from 1964 to 1967)
  • Research interests

    • Contracts and incentives, especially their implications for labour markets and for provision of health services, with incomplete information
    • Internal organisation of firms