procedures. A noisy signal, however, means that the optimal contract will involve terms that courts might view as punitive and so …

re-negotiated. Foreseeing this, the parties to the contract will write one that is renegotiation-proof. Under such a … contract, nominal shocks affect real consumption. Since the argument should apply in many situations, it will have …

We estimate the impact of venture capital (VC) contract terms on startup outcomes and the split of value between the … power to receive more investor-friendly terms compared to the contract that maximizes startup values. Better VCs still … certain contract terms benefits entrepreneurs and enables low-quality entrepreneurs to finance their startups more quickly …

-in university inventions supports the complementarity of milestones and consulting suggested by the theory …

in pre-rational expectations macroeconomic theory. Here we show that electoral cycles in taxes, government spending and …

theory, strengthening the link between matching theories and earlier human capital analyses …

between agricultural productivity, research and information. The first chapter of this part is concerned with the "theory" of …