Results 11 to 20 of about 430,675 (304)

Bounded rationality and incomplete contracts [PDF]

open access: yesResearch in Economics, 2004
This paper explores the link between boundedly rational behavior and incomplete contracts. The bounded rationality of the agents in our world is embodied in a constraint that the contracts they write must be algorithmic in nature. We start with a definition of contract incompleteness that seems both ap- pealing and widely applicable.
Anderlini L., Felli L.
openaire   +6 more sources

Game-Theoretic Optimization of Bilateral Contract Transaction for Generation Companies and Large Consumers with Incomplete Information

open access: yesEntropy, 2017
Bilateral contract transaction among generation companies and large consumers is attracting much attention in the electricity market. A large consumer can purchase energy from generation companies directly under a bilateral contract, which can guarantee ...
Yi Tang   +5 more
doaj   +3 more sources

Cognition and Incomplete Contracts [PDF]

open access: yesAmerican Economic Review, 2009
Thinking about contingencies, designing covenants, and seeing through their implications is costly. Parties to a contract accordingly use heuristics and leave it incomplete. The paper develops a model of limited cognition and examines its consequences for contractual design. (JEL D23, D82, D86, L22)
Jean Tirole
openaire   +8 more sources

Incomplete Contracts and Renegotiation [PDF]

open access: yesEconometrica, 1988
When drawing up a contract, it is often impracticable for the parties to specify all the relevant contingencies. In particular, they may be unable to describe the states of the world in enough detail that an outsider (the courts) could later verify which state had occurred, and so the contract will be incomplete.
Hardman Moore, John, Hart, Oliver
openaire   +2 more sources

A comparative study of contract lapse in French and Iranian law [PDF]

open access: yesFaṣlnāmah-i Pizhūhish-i Huqūq-i Khuṣūṣī, 2022
One of the shortcomings of Napoleon's code was the lack of "lapse" of considerable contracts, which was recognized by French doctrine and jurisprudence. Therefore, they tried to propose a codification in various civil law revision projects.
Saeed bigdeli, Akbar osanloo
doaj   +1 more source

Approaches to Interpretation of Contract: Contextualism and Textualism by an Emphasis on the Intent of the Parties [PDF]

open access: yesآموزه‌‌های فقه مدني, 2023
One of the most important issues in contract law is the interpretation of contracts. The parties to the contract may have disagreements in the meaning of the terms and phrases of the contract.
Mohsen Akbari   +2 more
doaj   +1 more source

Foundations of Incomplete Contracts [PDF]

open access: yesReview of Economic Studies, 1999
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Oliver Hart, John Moore
openaire   +3 more sources

The relationship of the transferor with the transferee in the contract of transfer of debt and liability insurance by looking at the Principles of European Contract Law [PDF]

open access: yesFaṣlnāmah-i Pizhūhish-i Huqūq-i Khuṣūṣī, 2022
The Transfer of debt in the Principles of European Contract Law is a tripartite agreement that may also be concluded between the original debtor and the new debtor.
Ghanbari Mohammadjaber   +2 more
doaj   +1 more source

The Impact of Foundations of Contract on Essential Conditions for Validity of a Contract [PDF]

open access: yesپژوهش‌نامه حقوق اسلامی, 2016
The foundation of the contract have a considerable effect on the interpretation of theconditions of the validity of contract, their position in the contract and theirimpression in the iranian law .This research surveys the impacts of the ...
Mozhde Abooie, mehdi Shahabi
doaj   +1 more source

Reputation and Market Wage as Contract Enforcement Device: An Experimental Evidence [PDF]

open access: yesTheoretical and Applied Economics, 2010
Shirking opportunity has always been present in an incomplete economic exchange in a labor-employer relation. Due to unverifiability of a contract, economic agents resort to reciprocal norm to enhance the co-operation and efficiency of the relation. This
Ch’ng KEAN SIANG
doaj   +1 more source

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