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Optimally Incomplete Contracts
1998One of the critical roles for the entrepreneur in successfully starting a new firm and introducing new products or services is to mobilize the necessary resources. These activities include hiring employees and lining up suppliers of intermediate goods and services. Both of these activities involve contracting with other parties.
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Incomplete Contracts and Control
American Economic Review, 2017Oliver Hart delivered his Prize Lecture on 8 December 2016 at the Aula Magna, Stockholm University.
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Incomplete contracts and privatization
European Economic Review, 1996The paper offers a selective survey on the incomplete contracts approach to privatization. Furthermore, a simple model of privatization to an owner-manager is developed in which different allocations of ownership rights lead to different allocations of inside information about the firm which in turn affect allocative and productive efficiency.
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Definition of Incomplete Contracts
SSRN Electronic Journal, 2016This note defines incomplete contracts and explains simple contracts. Although widely used in practice, incomplete contracts have not been well defined in the literature.
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Taxation and Incomplete Contracts [PDF]
, 2012 This paper analyzes the impact of taxation on economic efficiency when contracts are incomplete, firms operate in a perfect competitive market and can choose between integrated or non-integrated governance to cope with contract incompleteness. Taxation reduces incentives to pursue intrafirm coordination, thus the efficiency of firm’s production process
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Incomplete Contracts and Institutions
2005Il capitolo è pubblicato nell'HANDBOOK OF LAW AND ECONOMICS curato da J. Backhaus Editor dell'European Journal of Law and Economics.
Nicita, Antonio, Pagano, Ugo
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Incomplete Contracts and Renegotiation
SSRN Electronic Journal, 2004The parties to a contract typically make a lot of decisions during the time it is in force, and the paper is based on the premise that it takes time to be involved in any one of these decisions. Attempts to economize on decision-making time then imply that the parties may write a contract in which each cedes some decision rights to the other.
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Trust, Incomplete Contracting, and Corporate Innovation
Management Science, 2022Fei Xie, Bohui Zhang, Wenrui Zhang
exaly
Pricing, collecting and contract design in a reverse supply chain with incomplete information
Computers and Industrial Engineering, 2017Benrong Zheng
exaly