Results 281 to 290 of about 2,996,602 (316)

Optimal Contracts in Portfolio Delegation

SSRN Electronic Journal, 2006
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Li, Tao, Zhou, Yuqing
openaire   +2 more sources

Optimality and renegotiation in dynamic contracting

Games and Economic Behavior, 2007
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire   +2 more sources

Optimal Intermediary Contracts

We study the role of pledgeability in shaping optimal intermediary contracts. We develop a model in which financial intermediaries offer deposit contracts to partially insure lenders against idiosyncratic risks and extend collateralized loans to borrowers with limited commitment.
Nabi Arjmandi, Chao Gu, Joseph Haslag, Yajie Wang   +3 more
openaire   +1 more source

Optimal Contracts with Enforcement Risk

SSRN Electronic Journal, 2008
I build a model where potentially biased judges verify complex states by interpreting an imperfect signal whose noise captures factual ambiguities. In a sales and a financial transaction I show that judicial biases amplify and distort factual ambiguities, creating enforcement risk.
openaire   +3 more sources

Optimal Contract for Machine Repair and Maintenance

Operations Research, 2021
Maintenance outsourcing is quite common in industries that rely on complex and critical equipment. Instead of investing in the maintenance facilities, firms outsource maintenance activities to specialized companies. However, it may be hard for firms (i.e., principal) to observe whether maintenance companies (i.e., agent) put sufficient resources into ...
Feng Tian 0012, Peng Sun 0001, Izak Duenyas   +2 more
openaire   +3 more sources

Optimal contracts with random monitoring

International Journal of Game Theory, 2021
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire   +2 more sources

Combinatorial Optimization by Dynamic Contraction

Journal of Heuristics, 1997
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire   +3 more sources

On optimal preprocessing for contraction hierarchies

Proceedings of the 5th ACM SIGSPATIAL International Workshop on Computational Transportation Science, 2012
For some graph classes, most notably real-world road networks, shortest path queries can be answered very efficiently if the graph is preprocessed into a contraction hierarchy. The preprocessing algorithm contracts nodes in some order, adding new edges (shortcuts) in the process. While preprocessing and query algorithm work for any contraction ordering,
openaire   +1 more source

The Optimality of Ad Valorem Contracts

Management Science, 2019
We provide a new theory of ad valorem contracts (i.e., contracts that vary with the value of the transaction), which can explain why such contracts are widely used between vertically related parties (e.g., in franchising and licensing). Ad valorem contracts allow upstream firms (principals) to preserve their own incentives to make ongoing investments ...
Andrei Hagiu, Julian Wright
openaire   +2 more sources

Contractions Based on Optimal Repairs

Proceedings of the TwentyFirst International Conference on Principles of Knowledge Representation and Reasoning
Removing unwanted consequences from a knowledge base has been investigated in belief change under the name contraction and is called repair in ontology engineering. Simple repair and contraction approaches based on removing statements from the knowledge base (respectively called belief base contractions and classical repairs) have the disadvantage that
Franz Baader, Renata Wassermann
openaire   +2 more sources