Results 91 to 100 of about 799,347 (206)

Transfers, Contracts and Strategic Games [PDF]

open access: yes
This paper analyses the role of transfer payments and strategic con- tracting within two-person strategic form games with monetary pay- offs. First, it introduces the notion of transfer equilibrium as a strat- egy combination for which individual ...
Borm, P.E.M.   +4 more
core   +1 more source

Buyer-Option Contracts Restored: Renegotiation, Inefficient Threats, and the Hold-Up Problem [PDF]

open access: yes
“Buyer option” contracts, in which the buyer selects the product variant to be traded and chooses whether to accept delivery, are often used to solve hold-up problems. We present a simple game that focusses sharply on subgames in which the buyer proposes
Eric Rasmusen, Thomas P. Lyon
core  

Cooperation and Cheating [PDF]

open access: yes
In this article, we extend the variable delivery claim framework (Cross, Buccola, and Thomann, 2006) to examine the option-to-cheat, that is, the option to shift production between contracts ex post. We use this framework to provide a solution to the age-
Buccola, Steven T.   +2 more
core   +1 more source

Preserving vertical co-ordination in the West African cotton sector [PDF]

open access: yes
In this paper, we defend the idea that in the African context, non-market co-operation between farmers and ginning companies outperforms market transactions. In the absence of a reliable legal mechanism, market liberalization threatens the sustainability
Catherine ARAUJO BONJEAN   +2 more
core  

Procurement in infrastructure : what does theory tell us ? [PDF]

open access: yes
Infrastructure has particular challenges in public procurement, because it is highly complex and customized and often requires economic, political and social considerations from a long time horizon.
Estache, Antonio   +2 more
core  

Crop Contracts versus Spot Markets under the Marketing Assistance Loan Program: The Case of Peanuts [PDF]

open access: yes
We analyze two types of crop marketing contracts between agricultural producers and processors, delivery-at-harvest and an "option-to-purchase" that emerged in US peanut market after the 2002 Farm Act.
Fletcher, Stanley M.   +2 more
core   +1 more source

From numerical to empathy: the dual impact of psychological contracts in doctor-patient communication. [PDF]

open access: yesFront Psychiatry
Wang X   +7 more
europepmc   +1 more source

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