Contract law and the economics of contract have, for the most part, developed independently of each other. In this … essay, we briefly review the notion of a contract from the perspective of lawyer, and then use this framework to organize … the economics literature on contract. The title, Contracts between Legal Persons, limits the review to that part of …

current employment relationship and work for another firm. We show that the initial parties to a contract have an incentive to …

take advantage of variation in contract design over this period, where procured contracts gradually moved from partial … activities on job placement rates. Overall, moving to a system with contract payments fully contingent on performance appears to …

PPL damages vis-à-vis expected damages under existing contract law. This study clarifies the conditions under which PPLD … legislation ; contract law …

) sector. The second is that contract enforcement is easier in the formal sector than in the informal sector, precisely because …

by Northern firms. We show theoretically that relaxing ownership controls and improving contract enforcement can induce …. -- product cycle ; ownership structure ; contract environment ; export variety ; processing trade ; China …