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New development: The application of incomplete contract theory to documenting Social Impact Bonds
, 2020Nobel laureate Oliver Hart’s work in developing a theory of incomplete contracting is relevant to explaining the evolution of the pay for success contracts that undergird Social Impact Bonds (SIBs).
Deborah Burand
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Incomplete Contracts and Complexity Costs [PDF]
Theory and Decision, 1999 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Anderlini L., Felli L.
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INCOMPLETE CONTRACTS MODELLING
Metroeconomica, 2008ABSTRACTContractual incompleteness has been understood in the literature as the conditions under which contracts are insufficiently state contingent due to non‐observable and/or non‐verifiable states of the world. The term incomplete contracts has been used in different meanings: to denote both proper contractual incompleteness (in a complete contracts
Basile, Liliana, Trani, Raffaele
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Incomplete contracts versus communication
Journal of Economic Theory, 2022zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Andreas Blume, Inga Deimen, Sean Inoue
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Optimal Contract Design for Efficient Federated Learning With Multi-Dimensional Private Information
IEEE Journal on Selected Areas in Communications, 2021As an emerging machine learning technique, federated learning has received significant attention recently due to its promising performance in mitigating privacy risks and costs.
Ningning Ding +2 more
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Farsighted project contract management: incomplete in its entirety
Construction Management and Economics, 2004Rodney Turner
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Trust, Incomplete Contracting, and Corporate Innovation
Management Sciences, 2021Innovation is a contract-intensive economic activity in a world of incomplete contracts. We show that trust mitigates incomplete contracting and enhances innovation by acting as an informal contracting mechanism.
F. Xie, Bohui Zhang, Wenrui Zhang
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Optimal Contract Under Asymmetric Information About Fairness
Manufacturing & Service Operations Management, 2021Problem definition: To improve the poor performance of supply chains caused by misaligned incentives under the wholesale price contract, theory proposes coordinating contracts.
V. Pavlov, Elena Katok, Wen Zhang
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On indescribable contingencies and incomplete contracts [PDF]
European Economic Review, 2002 Abstract I examine the theoretical foundations underlying the incomplete contracts literature. A common justification for the assumption that contracts are not fully contingent on the state of nature is to point out that some aspects of the state may be unforeseen or indescribable to the contracting partners at the time the contract is written.
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The legal environment, specialized investments, incomplete contracts, and labor productivity
, 2021This paper provides a framework for analyzing the interactions among legal environments, incomplete contracts and specialized investments. It is well known that providers of specialized investments may be taken advantage when the contract is incomplete ...
Junqing Li, Ersen Miao, Jianbo Zhang
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