Results 1 to 10 of about 13,585 (267)
Nonprofit 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 +3 more sources
Optimization of Banking Contract Structure Based on Incomplete Contracting in non interest banking [PDF]
جستارهای اقتصادی, 2020 Contractual incompleteness is essentially related to the “unverifiability” condition and “enforceability” condition. In the complex and uncertain economic environment, financial contract is incomplete.
Kamran Nadri +3 more
doaj +1 more source
Individual and Institutional Ownership, Firm Age and Productivity [PDF]
Journal of Competitiveness, 2021 Total factor productivity represents a dimension of output that cannot be attributed to factors of production; it is unique to the firm, and central to its competitiveness. We posit that ownership structure plays a key role in productivity.
Jun Du +2 more
doaj +1 more source
Incomplete Contracts and Renegotiation [PDF]
Econometrica, 1988 When drawing up a contract, it is often impracticable for the parties to specify all the relevant contingencies. In particular, they may be unable to describe the states of the world in enough detail that an outsider (the courts) could later verify which state had occurred, and so the contract will be incomplete.
Hart, Oliver D., Moore, John
openaire +3 more sources
Incomplete Social Contracts [PDF]
Journal of the European Economic Association, 2003 There is a long normative ‘Social Contract’ tradition that attempts to characterize ex-post income inequalities that are agreeable to all ‘behind a veil of ignorance.’ This paper takes a similar normative approach to characterize social decision-making procedures.
Aghion, Philippe, Bolton, Patrick
openaire +6 more sources
Foundations of Incomplete Contracts [PDF]
Review of Economic Studies, 1999 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Oliver Hart, John Moore
openaire +3 more sources
Cooperation under Incomplete Contracting [PDF]
SSRN Electronic Journal, 2009 We examine the notion of the core when cooperation takes place in a setting with time and uncertainty. We do so in a two-period general equilibrium setting with incomplete markets. Market incompleteness implies that players cannot make all possible binding commitments regarding their actions at different date-events.
Habis Helga, Herings P. Jean-Jacques
openaire +3 more sources
The Impact of Foundations of Contract on Essential Conditions for Validity of a Contract [PDF]
پژوهشنامه حقوق اسلامی, 2016 The foundation of the contract have a considerable effect on the interpretation of theconditions of the validity of contract, their position in the contract and theirimpression in the iranian law .This research surveys the impacts of the ...
Mozhde Abooie, mehdi Shahabi
doaj +1 more source
International Journal of Applied Research in Business and Management, 2022 Outsourcing is a phenomenon regularly explored through two theories: transaction cost economics and incomplete contract theory. The second approach is frequently seen as an extension of the first but is it right to do so?
Quentin Commine
doaj +1 more source
A Nobel Prize for Property Rights Theory
Games, 2017 This article provides a brief overview of the Property-Rights Theory of the firm, pioneered by Grossman and Hart (1986) and Hart and Moore (1990), and situates the theory in other literatures.
Richard Holden
doaj +1 more source