investments and incomplete contracting, can be supported with approximately-designed contracts. These studies have, for the most …

The paper analyzes repeated contract negotiations involving the same buyer and seller where the contracts are linked … because the buyer has persistent (but not fully permanent) private information. (The main application is labor contracts …

This paper presents a model of auctions with resale which is then applied to sales of timber harvesting contracts held … contracts can be transferred in some circumstances and can always be subcontracted, bidding may reflect the presence of a resale …