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1
Secret contracting in multilateral relations
Rey, Patrick
;
Vergé, Thibaud
-
2016
Persistent link: https://www.econbiz.de/10012221200
Saved in:
2
Bargaining and collusion in a regulatory relationship
Fiocco, Raffaele
;
Gilli, Mario
-
2014
We investigate regulation as the outcome of a bargaining process between a regulator and a regulated firm. The regulator is required to monitor the firm's costs and reveal its information to a political principal (Congress). In this setting, we explore the scope for collusion between the...
Persistent link: https://www.econbiz.de/10010371305
Saved in:
3
Commitment without reputation : renegotiation-proof contracts under asymmetric information
Gerratana, Emanuele
;
Koçkesen, Levent
-
2013
This paper characterizes equilibrium outcomes of extensive form games with incomplete information in which players can sign renegotiable contracts with third-parties. Our aim is to understand the extent to which third-party contracts can be used as commitment devices when it is impossible to...
Persistent link: https://www.econbiz.de/10010222351
Saved in:
4
Renegotiation Costs and Debt Contract Design
Ferracuti, Elia
-
2018
setting, we examine the implications of incomplete contracting
theory
for debt contract design. Consistent with incomplete … contracting
theory
, we find that, as renegotiation costs fall, the maturity of debt contracts lengthens, the likelihood of …
Persistent link: https://www.econbiz.de/10012933816
Saved in:
5
Bargaining Bankrupt : A Relational
Theory
of Contract in Bankruptcy
Lipson, Jonathan C.
-
2021
This Article studies the growing use of contract in bankruptcy. Sophisticated “distress” investors (for example, hedge funds and private equity funds) increasingly enter into contracts amongst themselves and corporate debtors during bankruptcy in order to evade “mandatory” rules on the...
Persistent link: https://www.econbiz.de/10013252163
Saved in:
6
Renegotiation of long‐term contracts as part of an implicit agreement
Kostadinov, Rumen
- In:
Theoretical economics : TE ; an open access journal in …
16
(
2021
)
4
,
pp. 1471-1512
I study a repeated principal-agent game with long‐term output contracts that can be renegotiated at will. Actions are observable but not contractible, so they can only be incentivized through implicit agreements formed in equilibrium. I show that contract renegotiation is a powerful tool for...
Persistent link: https://www.econbiz.de/10012806553
Saved in:
7
Renegotiation and Dynamic Inconsistency : Contracting with Non-Exponential Discounting
Cetemen, Doruk
-
2020
This paper studies a continuous-time, nite-horizon contracting problem with renegotiationand dynamic inconsistency arising from non-exponential discounting. Theproblem is formulated as a dynamic game played among the agent, the principal andtheir respective future "selves", each with their own...
Persistent link: https://www.econbiz.de/10012848043
Saved in:
8
Essays in applied microeconomics
Bühler, Benno
-
2011
Persistent link: https://www.econbiz.de/10009125750
Saved in:
9
Incentive provision with multiple tasks and multiple agents
Kusterer, David J.
-
2014
Persistent link: https://www.econbiz.de/10010431670
Saved in:
10
Competing or colluding in a stochastic environment
Breccia, Adriana
(
contributor
); …
-
2005
Persistent link: https://www.econbiz.de/10002811061
Saved in:
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