Results 21 to 30 of about 1,325,111 (299)
Incomplete Contracts in Dynamic Procurement [PDF]
SSRN Electronic Journal, 2019 We analyze the problem of a buyer who purchases a long-term project from one of several suppliers. A changing state of the world influences the costs of the suppliers. Complete contracts conditioning on all future realizations of the state are infeasible. We show that contractual incompleteness comes without a cost.
Gretschko, Vitali, Pollrich, Martin
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Opportunism in the First Generation of Buy-back Contracts [PDF]
Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān, 2015 [English] The study of oil and gas contracts require coherent theoretical framework that links different disciplines. Transaction cost economics present an interdisciplinary approach for analyzing contractual issues.
Mehdi Akhavan +2 more
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Real Estate Investment Contract A comparative study [PDF]
الرافدین للحقوق, 2023 Real estate investment is one of the investment tools that can be adopted in achieving economic development. This has called for many states to organize it carefully with special legislation.
Nizar Hazim Al Damaloji +1 more
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Incomplete Contracts and Signalling [PDF]
The RAND Journal of Economics, 1992 This article presents a principal-agent model in which asymmetric information leads to contractual incompleteness. I show that in the presence of transactions costs, incompleteness may act as a signal of the principal's type. Two types of transactions costs are considered: those incurred ex ante (drafting costs) and those incurred ex post ...
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Research on Tax Compliance Incentive Effects of Platform Companies from the Perspective of Incomplete Contract – An Empirical Study Based on China [PDF]
Amfiteatru EconomicIn this paper, based on the incomplete contract perspective, we select the implementation of the Electronic Commerce Law of the People’s Republic of China as a quasi-natural experiment to study the tax compliance incentive effects of platform firms ...
Xuefeng Shao, Shi Chen
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Opportunism and the Dynamics of Incomplete Contracts [PDF]
International Economic Review, 1993 Summary: This paper studies a buyer-seller relationship where ``quality'' is not contractible but is affected by effort and the seller's privately known innate value. The seller's cost of effort is also private knowledge. Assuming constant outside opportunities, we show that more than two contracts is redundant, the sequence of contracts exhibits ...
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A BAYESIAN GAME FOR A PROFIT AND LOSS SHARING CONTRACT
Journal of Islamic Monetary Economics and Finance, 2021 This paper presents a Bayesian game model for a profit-and-loss sharing (PLS) contract. We develop the model in two parts, one for a non-social bank and the other for a social bank.
Djaffar Lessy +2 more
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Contractual Efficiency of PPP Infrastructure Projects: An Incomplete Contract Model
, 2018 This study analyses the contractual efficiency of public-private partnership (PPP) infrastructure projects, with a focus on two financial aspects: the nonrecourse principal and incompleteness of debt contracts.
Lei Shi +4 more
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Constitutions as incomplete social contracts
Politica economica, 2017 Besides sharing a common cultural background, Italy and Spain also share a similar institutional framework. Both are unitary states in the European Union that have devolved responsibilities of mandatory services to be provided nationwide at the sub-national level within rules set at the Constitutional level.
Montolio, D, Turati, G
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Incomplete Contracting and AI Alignment [PDF]
SSRN Electronic Journal, 2018 We suggest that the analysis of incomplete contracting developed by law and economics researchers can provide a useful framework for understanding the AI alignment problem and help to generate a systematic approach to finding solutions. We first provide an overview of the incomplete contracting literature and explore parallels between this work and the
Dylan Hadfield-Menell +1 more
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