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compare two types of contracts : a deforestation performance-based contract and a conditional avoided deforestation …-based contract. Because of the implementation and transaction costs, each kind of REDD+ contract implies a dramatically different … information rent / efficiency trade-off. If the contract is performance-based (resp. conditionality-based), information rents are …
Persistent link: https://www.econbiz.de/10010635034
The public utilities are an interesting testing ground to understand the relation and asymmetry of information between an agent and his principle. The normative theory of agency and the positive theory of agency represent theory sphere of the contractual relation and the incentive and...
Persistent link: https://www.econbiz.de/10008789113
Russia and its main gas company Gazprom, essential suppliers for the European gas market, are today at the centre of the debate surrounding the security of the European Union's gas supply. A variety of factors have focussed interest on the question of Gazprom's industrial strategies and more...
Persistent link: https://www.econbiz.de/10008792407
1980s. In such a dynamic context, the contract may take place over several periods and develop repeated interactions. Then …, the principal topics of the analysis are commitment, reputation, memory and the renegotiation of the contract. Few papers … have tried to apply the predictions of dynamic contract theory to data. The examples of applications introduced in this …
Persistent link: https://www.econbiz.de/10008792681
is the generalization of a breach of a term of contract. …
Persistent link: https://www.econbiz.de/10008794157
This contribution is based on a previous review (Chanaron, 1999) and a critical analysis of various literature: academic articles and books, corporate documents, consultancy reports and interviews of key industry representatives.
Persistent link: https://www.econbiz.de/10010549094
What is the debate on Learning Organizations all about? In this paper we propose to demonstrate that the necessity to adapt to the socio-economic changes that have been transforming the way we think, live, learn and work over the last twenty years, makes of learning a condition of survival for...
Persistent link: https://www.econbiz.de/10010549161
For two decades, the share of trade in inputs, also called vertical trade, has been dramatically increasing. In reallocating trade flows to their original input-producing industries and countries, this paper suggests a new measure of international trade: "value-added trade" and makes it possible...
Persistent link: https://www.econbiz.de/10010732219
The article is devoted to the theoretical analysis of current trends in industry development of reproduction structures. Infrastructure functional role of industry is growing in development of national economy. This role is estimated not only by a a direct contribution to a value added, but also...
Persistent link: https://www.econbiz.de/10010898591
In the era of globalization, industrial change and development has brought a variance of unforeseen challenges to local …
Persistent link: https://www.econbiz.de/10010899152