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Versicherungsbetrug als ökonomisches Problem: Eine vertragstheoretische Analyse

Schiller, Jörg - Fachbereich Betriebswirtschaftslehre, Universität Hamburg - 2004

Vertragstheorie - ausgewählte Ansatzpunkte zur Betrugsbekämpfung und insbesondere das Problem der Sanktionierung von ertappten … using existing results of contract theory. …

Persistent link: https://www.econbiz.de/10009401217

Vertragliche Anreize und die Fehlbarkeit des Richters – Der ungewisse Gang vor Gericht und sein Einfluss auf eine Verhaltenssteuerung im BGB-Vertragsrecht

Christmann, Robin - Fächergruppe Volkswirtschaftslehre, Helmut Schmidt … - 2013

Nach dem Grundsatz «pacta sunt servanda» ermöglichen Verträge den Beteiligten das Vertrauen in den Bestand eines Leistungsversprechens. Die Zivilgerichte können jedoch in der Praxis pflichtgemäßes und vertragswidriges Verhalten nicht fehlerfrei unterscheiden. Unter Zuhilfenahme des...

Persistent link: https://www.econbiz.de/10010991215

The dynamics of venture capital contracts

Bienz, Carsten; Hirsch, Julia - Center for Financial Studies - 2005

We analyze the degree of contract completeness with respect to staging of venture capital investments using a hand-collected German data set of contract data from 464 rounds into 290 entrepreneurial firms. We distinguish three forms of staging (pure milestone financing, pure round financing and...

Persistent link: https://www.econbiz.de/10010986443

Tipping the Scales – Conciliation, Appeal and the Relevance of Judicial Ambition

Christmann, Robin - Fächergruppe Volkswirtschaftslehre, Helmut Schmidt … - 2013

Judges become ambitious decision makers when they face appellate review. This paper applies a contract theoretic perspective to the behavior of self-interested trial judges in a two-level court system and analyzes the consequences for contracting in “the shadow of” the court. Confronted with...

Persistent link: https://www.econbiz.de/10010991229

Futures market: contractual arrangement to restrain moral hazard in teams

Song, Joon - In: Economic Theory 51 (2012) 1, pp. 163-189

Holmstrom (Bell J Econ 13:324–340, <CitationRef CitationID="CR16">1982</CitationRef>) argues that a principal is required to restrain moral hazard in a team: wasting output in certain states is required to enforce efficient effort, and the principal is a commitment device for the waste. Under competition in commodity and team-formation...</citationref>

Persistent link: https://www.econbiz.de/10010993618

The Economic Theory of the Firm: A Generalization

M. Storchevoy. - In: VOPROSY ECONOMIKI 9 (2012)

The paper deals with development of a general theory of the firm. It discusses the demand for such a theory, reviews … existing approaches to its generalization, and offers a new variant of general theory of the firm based on the contract theory …. The theory is based on minimization of opportunistic behaviour determined by the material structure of production (a …

Persistent link: https://www.econbiz.de/10010860817

Duality in Contracting

Bardsley, Peter - Department of Economics, Faculty of Business and Economics - 2012

In a linear contracting environment the Fenchel transform provides a complete duality between the contract and the information rent. Through an appropriate generalised convexity this can be extended to provide a complete duality in the supermodular quasilinear contracting environment that covers...

Persistent link: https://www.econbiz.de/10010903382

Efficient contracts for government intervention in promoting next generation communications networks

Briglauer, Wolfgang; Holzleitner, Christian - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014

Although the future socio-economic benefits of a new fibre-based ('next generation access', NGA) telecommunications infrastructure seem to be uncontroversial, a universal NGA coverage appears to be a rather unrealistic objective without government intervention. We contend, however, that the...

Persistent link: https://www.econbiz.de/10010957680

Consent as the Foundation of Political Authority – A Lockean Perspective

Dietrich, Frank - In: Rationality, Markets and Morals 5 (2014) 10

The article focuses on the justification provided by classical contract theory for the right of states to enact laws … regards David Hume’s influential objections to contract theory, it is argued that the consent criterion of political …

Persistent link: https://www.econbiz.de/10010960080

Long-Term Relationships Governed by Short-Term Contracts

Crawford, Vincent P. - Industrial Relations Section, Department of Economics - 1986

Persistent link: https://www.econbiz.de/10010928223

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