premiums in the crop contracts, and the thinness of the postharvest cash/spot markets, which obstructs the operation of current …-order tournament contracts may kill two birds with one stone by increasing the spot market turnover and providing incentives for …

carriers. The second part studies the interaction of the longer term contracts and the spot markets/exchanges for the same … goods/services.Most containerized freight is transported under the provisions of medium term contracts between ocean … those contracts. In particular, an ocean carrier would like to set the prices such that the best match between supply and …

In many capital-intensive markets, sellers sign long-term contracts with buyers before committing to sunk cost … investments. Ex-ante contracts mitigate the risk of under-investment arising from ex-post bargaining. However, contractual … trade-off, focusing on the liquefied natural gas (LNG) industry, where long-term contracts account for over 70% of trade. I …

the forces driving the move from spot markets to contracts. Some worry that this tendency will result in the disappearance …

the forces driving the move from spot markets to contracts. Some worry that this tendency will result in the disappearance …

Tournaments are commonly used in the workplace to determine promotion, assign bonuses, and motivate personal … development. Tournament-based contracts can be very effective in eliciting high effort, often outperforming other compensation … contracts, but they can also have negative consequences for both managers and workers. The benefits and disadvantages of …

Tournaments are commonly used in the workplace to determine promotion, assign bonuses, and motivate personal … development. Tournament-based contracts can be very effective in eliciting high effort, often outperforming other compensation … contracts, but they can also have negative consequences for both managers and workers. The benefits and disadvantages of …