Showing 1 - 10 of 180,208
It is the goal of this work to show, how financial models can be used to price certain contracts in the electricity market in analogy to interest rate products. Such contracts are delivery contracts with retail or institutional customers. In fact, many features of electricity products exist...
Persistent link: https://www.econbiz.de/10013134231
Contractual inefficiencies within supply chains increase an input price above its marginal cost, therefore they are considered detrimental to consumer surplus. We argue that such inefficiencies may be beneficial to consumers in quality-differentiated markets where the "finiteness property"...
Persistent link: https://www.econbiz.de/10013091101
In liability lawsuits (e.g. patent infringement) a plaintiff demands compensation from a defendant and the parties often negotiate a settlement to avoid a costly trial. Liability insurance creates bargaining leverage for the defendant in this settlement negotiation. We study the characteristics...
Persistent link: https://www.econbiz.de/10012851017
We study a two-sided market in which a platform connects consumers and sellers, and signs private contracts with sellers. We compare this situation with a two-sided market with public contracts. We find that the platform provider sets positive (negative) royalties to sellers and earns a negative...
Persistent link: https://www.econbiz.de/10014132536
the primary assertion of resource dependence theory: that corporations employ ICO linkages to manage their input …
Persistent link: https://www.econbiz.de/10010474297
Persistent link: https://www.econbiz.de/10013259442
A manufacturer chooses the optimal retail market structure and bilaterally and secretly contracts with each (homogeneous) retailer. In a classic framework without asymmetric information, the manufacturer sells through a single exclusive retailer in order to eliminate the opportunism problem....
Persistent link: https://www.econbiz.de/10012317383
private information on evolving market conditions. We characterize the optimal contract under arbitrary market evolution. The …, and determines the contract complexity. Using market inertia, we identify a general property - stochastic linearity - that … advances our understanding of channel theory and practice …
Persistent link: https://www.econbiz.de/10012900191
Persistent link: https://www.econbiz.de/10003711509
Persistent link: https://www.econbiz.de/10012799277