Cross, Robin M.; Buccola, Steven T.; Thomann, Enrique A. - Agricultural and Applied Economics Association - AAEA - 2006
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-old conflict between enforcement and the...