Results 51 to 60 of about 2,101 (110)

Allocating control in agency problems with limited liability and sequential hidden actions [PDF]

open access: yes
This paper discusses the optimal organization of sequential agency problems with contractible control actions under limited liability. In each of two stages, a risk-neutral agent can choose an unobservable effort level. A success in the first stage makes
Patrick W. Schmitz
core  

Sorting the Good Guys from Bad: On the Optimality of Deterministic Audit with Ex-Ante Information Acquisition [PDF]

open access: yes
In a costly state verification model under commitment the principal may acquire a costly public and imperfectly revealing signal before or after contracting.
Annamaria Menichini, Peter Simmons
core  

Intellectual property license contracts: reflections on a prospective UNCITRAL project [PDF]

open access: yes
IP licenses are the leading lady of the information age. The economic and strategic significance of this contract archetype have grown exponentially over the past 40 years.
Tosato, Andrea
core  

Pre-Contractual Reliance [PDF]

open access: yes
During contractual negotiations, parties often make (reliance) expenditures that would increase the surplus should a contract be made. This paper analyzes decisions to invest in pre-contractual reliance under alternative legal regimes.
Lucian Arye Bebchuk, Omri Ben-Shahar
core  

Discrimination and Strategic Group Division in Tournaments [PDF]

open access: yes
The contracts we consider in this paper must solve three problems: moral hazard, insurance and discrimination. The moral hazard problem is that of providing the agents with incentives to perform in a way that maximizes the profit to the principal, when ...
Olesen, Henrik Ballebye, Olsen, Rene H.
core   +1 more source

La responsabilidad precontractual en el Derecho contractual europeo [PDF]

open access: yes, 2010
García Rubio, María Paz   +1 more
core  

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