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authors specifically explore the relationships between the formal versus informal nature of opportunism and the formal versus … different types of opportunism – that is, strong form versus weak form opportunism – and different types of contracting … mechanisms, the different types of opportunism, and the level of legal fees necessary to deal with the dispute. From these …
Persistent link: https://www.econbiz.de/10011258800
and group rationality in bilateral monopoly (BM) and the reduction of incentive to opportunism together with the increase … of lignite price. The opportunism due to asymmetry of information and possession of dominant strategy of mine …
Persistent link: https://www.econbiz.de/10005260247
Lignite mine and power plant can operate as two separate entities, two entities in one holding or joint venture and as the one vertically integrated energy producer. Each of these solutions has the influence on operation of this tandem including realization of its individual and joint...
Persistent link: https://www.econbiz.de/10005621675
effectiveness of certain procurement and contract management actions in moderating potential supplier opportunism. The article is … are not totally conclusive, but do provide evidence to suggest that opportunism is a significant possibility, and that …
Persistent link: https://www.econbiz.de/10011110808
Evidence of Political Budget Cycles from cross-countries studies has been rationalized as coming from voter’s cost to process available information and asymmetric information. This explanation was also adopted in most cross-province studies leaving aside variables related to the incentive...
Persistent link: https://www.econbiz.de/10011258486
From the policy mix theory to the related empirical works, quantifying the degree of coordination of monetary and … activity. The econometric analysis provides empirical evidence that good coordination of monetary and fiscal policy reduces the …
Persistent link: https://www.econbiz.de/10011220300
From the policy mix theory to the related empirical works, the quantification of the coordination of monetary and … activity. The econometric analysis provides empirical evidence that good coordination of monetary and fiscal policies reduces …
Persistent link: https://www.econbiz.de/10011251899
We report experimental evidence on gender differences in financial decision that involves three depositors choosing between waiting or withdrawing their money from a common bank. We find that the position in the line, the fact of being observed and the observed decisions are key determinants to...
Persistent link: https://www.econbiz.de/10011259526
newcomers on a group’s ability to coordinate efficiently. Participants play a coordination game in a four-person group for the …
Persistent link: https://www.econbiz.de/10011259957
Greif, Milgrom and Weingast (1994) argued that the ability of the merchant guilds to encourage trade expansion required an internal mechanism to enforce compliance to trade embargoes, otherwise credible incentives for "embargo breaking" would have rendered them ine¤ectual. We show that...
Persistent link: https://www.econbiz.de/10011260041