to vertically integrate when firms on both segments negotiate optimal contracts. We argue that tougher competition …

schedules and a wide range of short-term employment contracts. …

Contracts in Prospect and Retrospect" (2000). Papers discuss the New Institutional Economics; contract and economic organization …; the role of incomplete contracts in self-enforcing relationships; entrepreneurship, transaction cost economics, and the … design of contracts; the contract as economic trade; contract theory and theories of contract regulation; economic reasoning …

spot-futures price efficiency improvement observed after ETF introduction is explained either by the direct effect of ETF … short run. Some of our findings suggest that the efficiency improvement could rather result from a structural change in the …

may set listing requirements leading to high information efficiency in equilibrium. However, this is strongly linked to … highest efficiency and the latter may be achieved with low requirements. Whether information efficiency is socially desirable …

We study the impact of crossholdings on the efficiency of the standard auction formats. The ascending auction is not …