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Authority inside the firm: multiple mechanisms of coordination
Baudry, Bernard; Tinel, Bruno - HAL - 2004
In the last twenty years, through a growing awareness of contractual incompleteness, the concept of authority has regained primacy in the analysis of the employment relationship. This article pursues two goals. First, we assess the famous controversy between Coase and Alchian and Demsetz via an...
Persistent link: https://www.econbiz.de/10009643785
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Hybrid Modes of Organization. Alliances, Joint Ventures, Networks, and Other 'Strange' Animals
Ménard, Claude - HAL - 2010
The central message conveyed in this chapter is that there is a whole class of economic organizations that contribute substantially to what Coase (1992) called "the institutional structure of production". These arrangements fall neither under pure market relationships nor within 'firm...
Persistent link: https://www.econbiz.de/10010750977
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On the value of partial commitment for cooperative investment in buyer-supplier relationship
Sousa, José De; Fairise, Xavier - HAL - 2013
renegotiable contract with relationshipspecific joint investments does not make it possible to reach the first-best. However, we show … that a renegotiable contract may induce more cooperation than an informal arrangement can. This result may help to …
Persistent link: https://www.econbiz.de/10010751011
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Hybrid Modes of Organization. Alliances, Joint Ventures, Networks, and Other 'Strange' Animals
Ménard, Claude - HAL - 2012
The central message conveyed in this chapter is that there is a whole class of economic organizations that contribute substantially to what Coase (1992) called "the institutional structure of production". These arrangements fall neither under pure market relationships nor within 'firm...
Persistent link: https://www.econbiz.de/10011025598
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Private Ordering, Collective Action, and the Self-Enforcing Range of Contracts. The Case of French Livestock Industry
Mazé, Armelle; Ménard, Claude - HAL - 2010
Contract enforcement is acknowledged as a major issue in Law and in Economics. Contrasting substitution and … contract law can support private institutions, and enhance economic efficiency. With multilateral agreements at stake, self … for a broader approach to contract regulation by legal scholars and antitrust-authorities. …
Persistent link: https://www.econbiz.de/10010635194
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Sector-based explanation of vertical integration in distribution systems; Evidence from France
Chaudey, Magali; Fadairo, Muriel; Solard, Gwennaël - HAL - 2011
Based on recent data concerning the French distribution networks in retail and services, this paper highlights several stylized facts relating to the sector-based differences in the organizational choices. Until now this issue has not been studied in the economical literature. This paper...
Persistent link: https://www.econbiz.de/10009401095
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Credit Default Swaps, Contract Theory, Public Debt, and Fiat Money Regimes: Comment on Polleit and Mariano
Méra, Xavier - HAL - 2013
se unobjectionable from Rothbard's libertarian perspective on property rights and contract theory, but that they fail to …
Persistent link: https://www.econbiz.de/10010820940
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Bankruptcy: from moral order to economic efficiency.
Levratto, Nadine - HAL - 2007
The evolutions of the bankruptcy law seek to reach many aims: economic safety, firms' creation and expansion in a capitalist economy, protection of the interests of the agents involved in transactions that goes far beyond creditors and debtors, and prolongation of the activity of viable firms....
Persistent link: https://www.econbiz.de/10008789513
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The Network-Firm as a Single Real Entity: Beyond the Aggregate of Distinct Legal Entities
Chassagnon, Virgile - HAL - 2008
This paper intends to depart from a critique of the nexus of contracts theory of the firm endowed with its moral personification to propose some theoretical foundations of the firm as a real entity. Some old legal views of the corporation are mobilized to complete the conceptual vacuity of...
Persistent link: https://www.econbiz.de/10008792639
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North / South Contractual Design through the REDD+ Scheme
Chiroleu-Assouline, Mireille; Poudou, Jean-Christophe; … - HAL - 2012
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