incomplete contract theory. We use the framework of Aghionand Tirole (1997) and define the managerial control structure as …

If a seller delivers a good non-conforming to the contract, Article 2 of the UCC as well as European warranty law … a contract he no longer wants. We show that the possibility of opportunistic termination might actually have positive ef …

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

incomplete contract. It is shown that the efficiency of these solutions is very sensitive to the characteristics of the good or …

The theory of incomplete contracting is rival to that of complete contracting as a frame of reference to understand …

(Australian Alliancing Contract) findet die terminliche Komponente Eingang in die gemeinsamen Entscheidungen des Projekt-Teams bei … of a building usually takes several years. At the time of signing the contract, it is often not yet clear what exactly … securing claims, rather than seeking solutions. By looking across national borders at other successful contract models, this …