by 8 - 15% compared to only offering a pay-per-use contract. -- access services ; pricing contracts ; decision biases …

We develop a theory of social planning with a concern for economic coercion, which we define as the difference between …

problem, we introduce a triple mechanism involving political information markets, reelection threshold contracts, and … democratic elections. An information market is used to predict the long-term performance of a policy, while threshold contracts … possible pitfalls of the mechanism. -- democracy ; elections ; information markets ; threshold contracts and triple mechanism …

in the spirit of Wilson (1977)'s 'anticipatory equilibrium' by introducing an additional stage in which initial contracts … consumers obtain their respective Wilson-Miyazaki-Spence (WMS) contract. Jointly profit-making contracts can also be sustained … as equilibrium contracts. However, the secondbest efficient WMS allocation is the unique equilibrium allocation under …

inflexible contracts in a bilateral trade context where sellers can adjust trade quality after observing a post-contractual cost … shock and a discretionary buyer transfer. In the absence of communication, we find that rigid contracts are more frequent … and lead to higher earnings for both buyer and seller. By contrast, in the presence of communication, flexible contracts …

to facilitateand/or be facilitated by insurance contracts. We consider how insuredlosses might be decomposed into …