We estimate the impact of venture capital (VC) contract terms on startup outcomes and the split of value between the … power to receive more investor-friendly terms compared to the contract that maximizes startup values. Better VCs still …

of the country's financial system may also play a significant role. To address this question, a dynamic contract model is …

British Master and Servant law made employee contract breach a criminal offense until 1875. We develop a contracting … model generating equilibrium contract breach and prosecutions, then exploit exogenous changes in output prices to examine … prosecutions, and wages responded more to labor demand shocks. Coercive contract enforcement was applied in industrial Britain …

Governments often contract with private firms to provide public services such as health care and education. To decrease …

. If when an employer and worker establish a relationship they cannot contract on the output and profits of the worker …'s prospective new firm, the employer counters by inducing the worker to sign a contract that prohibits him from competing or …

employment contract. Each period the employer makes an irrevocable wage offer to the worker who then chooses an effort level. UK …

potential to increase efficiency and improve resource allocation, contract renegotiations have been pervasive.We show that … renegotiations in the early stages of the contract, e.g. during construction. We use data on Chilean renegotiations of PPP contracts …