; restricted mobility allowed workers to commit to risk-sharing contracts with lower, but less volatile, wages …

enforcement behavior in a market with incomplete contracts and repeated interactions. Dismissal barriers are shown to have a …

structure of venture capital contracts and the reasons for the diversity of claims …

an asset that has greater value if owned by the principal than by the agent. When contracts can be renegotiated, a well … renegotiation. We show that option contracts will achieve the first best whenever this threat-point effect dominates the holdup …

We examine commonly observed forms of payment, such as milestones, royalties, or consulting contracts as ways of …, royalties are not optimal unless the licensing firm is risk averse. The model also predicts the use of consulting contracts … which improve the firm's ability to monitor inventor effort. Because these contracts increase the firm's expected profits …

post contract renegotiation and find that the renegotiation of contracts in response to cost shocks is widespread, despite …

renegotiation. Smart contracts written on blockchain ledgers may offer a solution. We explain the basic economics of these … to renegotiation design and revelation mechanisms. We address the hurdles courts may impose to use of smart contracts and …

front-loaded contracts respond to newly mandated portability requirements of their old-age provisions. To foster competition …