Results 31 to 40 of about 1,325,111 (299)

The Buy-back Development Contract for Phases 2&3 of South Pars Gas Field and Incomplete Contract [PDF]

open access: yesPizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān, 2015
An incomplete contract is an exchange in which some aspects of a transaction is unspecified. Contractual incompleteness decrease contract effectiveness.
Mahdi Akhavan
doaj  

Smart contracts vs incomplete contracts: A transaction cost economics viewpoint

open access: yesComputer Law and Security Review, 2022
. Smart contracts (i.e., agreements enforced by a blockchain) are supposed to work at lower transaction costs than traditional (and incomplete) contracts that instead exploit a costly legal enforcement. This paper challenges that claim.
Massimiliano Vatiero
semanticscholar   +1 more source

Incomplete Contract and Divisional Structures [PDF]

open access: yesSSRN Electronic Journal, 2009
In this paper we want to analyze the internal divisional structure within an organi-zation in the framework of incomplete contract theory. We use the framework of Aghionand Tirole (1997) and define the managerial control structure as \sequence of search".A key feature of this paper which differentiate it from other works in the literature isthat we add
Bao, T., Wang, Y.
openaire   +4 more sources

Good Enough for Government Work? An Incomplete Contracts Approach to the Use of Nonprofits in U.S. Federal Procurement

open access: yesNonprofit Policy Forum, 2019
This paper examines the use of the nonprofit organizational form to mitigate the impact of incomplete contracts in the public sector Transaction costs economics (TCE) predicts that the expense of incomplete contracts will rise with contract complexity ...
Thornton Jeremy, Lecy Jesse
doaj   +1 more source

Managing the relational character of public-private partnership contracts [PDF]

open access: yesZbornik Radova Pravnog Fakulteta u Nišu, 2015
A public-private partnership contract has the character of a relational contract. Relational contracts are incomplete agreements governing transactions where the contracting parties have mutually agreed that it is impossible or economically inefficient ...
Cvetković Predrag
doaj   +1 more source

A Contract-Based Spectrum Trading Scheme for Cognitive Radio Networks Enabling Hybrid Access

open access: yesIEEE Access, 2015
The latest trends in spectrum trading allow secondary users (SUs) to employ hybrid access models and exploit bandwidth employing either opportunistic spectrum access or exclusive spectrum access of vacant frequency bands (FBs) leased for exclusive usage.
Angeliki V. Kordali, Panayotis G. Cottis
doaj   +1 more source

Power and selection of contract terms: The case from the Brazilian orange juice sector

open access: yesRAUSP: Revista de Administração da Universidade de São Paulo, 2016
We propose a model to explain how contract terms are selected in the presence of a form of economic power: contract power. The orange juice sector is used to illustrate an analysis that demonstrates the effects of contract power on the economic ...
Nobuiuki Costa Ito, Decio Zylbersztajn
doaj   +1 more source

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   +4 more sources

Delegation with Incomplete and Renegotiable Contracts [PDF]

open access: yesSSRN Electronic Journal, 2008
It is well known that delegating the play of a game to an agent via incentive contracts may serve as a commitment device and hence provide a strategic advantage. Previous literature has shown that any Nash equilibrium outcome of an extensive-form principals-only game can be supported as a sequential equilibrium outcome of the induced delegation game ...
Levent Koçkesen, Emanuele Gerratana
openaire   +3 more sources

Smart contract formation enabling energy‐as‐a‐service in a virtual power plant

open access: yesInternational Journal of Energy Research, 2021
Energy as a service (EaaS) is an emerging business model that enables the otherwise passive energy consumers to play an active role and participate in the energy utility services.
Sambeet Mishra   +3 more
semanticscholar   +1 more source

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