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]
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
. 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]
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
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]
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
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
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]
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]
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
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

