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The banking system in emerging economies: how much progress has been made? [PDF]
Bank for International Settlements +1 more
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Modelling aspects of the inflation process and the monetary transmission mechanism in emerging market countries [PDF]
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Measurement of inflation and the Philippine monetary policy framework [PDF]
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The Journal of Legal Studies, 1995
We analyze settlement escrows as an inexpensive method to reduce delay in pretrial bargaining. In a settlement escrow, an agent receives cash settlement offers from the parties to a lawsuit. If the defendant offers more than the plaintiff demands, the court imposes settlement at the midpoint of the offers.
Gertner, Robert H., Miller, Geoffrey P.
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We analyze settlement escrows as an inexpensive method to reduce delay in pretrial bargaining. In a settlement escrow, an agent receives cash settlement offers from the parties to a lawsuit. If the defendant offers more than the plaintiff demands, the court imposes settlement at the midpoint of the offers.
Gertner, Robert H., Miller, Geoffrey P.
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SSRN Electronic Journal, 2016
Blockchain technology allows for flexible settlement of trades. We build a model of intermediated trading with search frictions and counterparty risk. On the one hand, longer trade-to-settlement time increases counterparty risk exposure. On the other hand, liquidity improves since intermediaries have more time to adjust inventories.
Khapko, Mariana, Zoican, Marius Andrei
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Blockchain technology allows for flexible settlement of trades. We build a model of intermediated trading with search frictions and counterparty risk. On the one hand, longer trade-to-settlement time increases counterparty risk exposure. On the other hand, liquidity improves since intermediaries have more time to adjust inventories.
Khapko, Mariana, Zoican, Marius Andrei
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The Journal of Legal Studies, 1998
Economic models of litigation and settlement assume either that the plaintiff and defendant bargain over the settlement amount or that one party makes a single, take-it-or-leave-it offer. This article examines the choice between these two strategies by the defendant, assuming that he is able to precommit to a single offer.
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Economic models of litigation and settlement assume either that the plaintiff and defendant bargain over the settlement amount or that one party makes a single, take-it-or-leave-it offer. This article examines the choice between these two strategies by the defendant, assuming that he is able to precommit to a single offer.
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Why Post-Settlement Settlements?
Journal of Democracy, 2003This article addresses the issue of the durability of peace settlements, with South Africa as the illustrative case. Settlement failure occurred as parties approached negotiation from different cultural perspectives. These lead to fundamental disagreements about the rules of good faith, the status of contract and approaches to dealing with ...
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