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Throughout modern business history, contract has been used as an organizational technology that holds counterparties in … formal or legally binding agreements. The proliferation of contract prompted the emergence of professional contract managers …), contract has come to be seen as a standard coordination device whose foundational assumptions are taken for granted. In this …
Persistent link: https://www.econbiz.de/10010744884
and drawbacks which derive from the legal techniques underlying CCP clearing (standardisation of contracts, asset …
Persistent link: https://www.econbiz.de/10010745410
Although now forgotten, organized markets in commodities like grain, cotton, sugar, coffee and spices became firmly established in London and Liverpool in the nineteenth century. These markets were stimulated by the rising volume of international trade, as Britain became the first industrial...
Persistent link: https://www.econbiz.de/10010745848
Persistent link: https://www.econbiz.de/10005776295
cost uncertainty for users, it has been suggested that forward contracts could be used to manage these risks. We develop a … forward contracts would be adopted by service providers. Service on the upstream segment is provided by a single Internet … downstream network segment, with the advance possibility of entering into forward contracts with their users for some of their …
Persistent link: https://www.econbiz.de/10011071433
Persistent link: https://www.econbiz.de/10010884513
the central aims of this policy was to create financial incentives for providers to improve their clinical performance …, we exploit the fact that choice-based reforms will create sharper financial incentives for hospitals in markets where …
Persistent link: https://www.econbiz.de/10010884675
contracting parties cannot include the risky unforeseen contingencies in the contract they draw up. Ex-post the court observes … whether an unforeseen contingency occurred, and decides whether to void or uphold the contract. If the contract is voided by … the court, the parties can renegotiate a new agreement ex-post. There are two effects of a court that voids more contracts …
Persistent link: https://www.econbiz.de/10010928636
incentives to perform well. …
Persistent link: https://www.econbiz.de/10011266093
We study the impact of private ownership, incentive pay and local development objectives on university licensing performance. We develop and test a simple contracting model of technology licensing offices, using new survey information together with panel data on U.S. universities for 1995-99. We...
Persistent link: https://www.econbiz.de/10010744928