behavior because of moral hazard and hold up situations is referred to endogenous risk. Uncertainty based on contingency, error … risk-sharing and shared-saving arrangements should be scheduled.  …

paper approaches the subject of commercial contract interpretation through an analysis of four dichotomies debated in legal … the dichotomies play important roles in the interpretation and enforcement of commercial contracts. For example, contract … interpretation characterized by a high degree of formalism looks to the four‐corners of the contract for interpretive answers. In …

outcomes and lead to greater aid effectiveness by passing the delivery risk on to recipients. However, there is very little …

to brutal bloodshed or war in prospect. Therefore, as an option, the change of contract exists as a more common, and …

was limited. A theoretical analysis here found that spot and integration are inferior to the two contract mechanisms in … terms of cost and price: a contract with a rebate on volume and prepayment against an exclusive agent can realize the lowest … cost and price, and maximize social welfare. Hence, through Bertrand price competition, any of two contract mechanisms is …

organizations and Jean‐Jacques Rousseau's social contract present superficial or profound similarities. Having localized more … Social Contract and Psychological Contracts in Organizations . The parallel study of both works consists in analyzing the … between substances of contract. At level four a deep tectonic fault is unveiled between Jean‐Jacques' and Denise's thought of …

Purpose – The aims of this paper are: to explore the nature of political risk insurance (PRI) contracts as a form of … insurance coverage; to shed light on how good CSR practices which minimize risk to companies and communities can be or are … as a regulatory mechanism to promote good CSR practices. Findings – PRI contracts represent a form of proactive risk …

state of e-commerce contract laws in terms of what forms a part of the law normally and to what extent the similarities have … how different countries e-commerce contract laws lineup to the OECD-recommended rules related to it. The value of this …

corporate practice are reflecting the contract’s risk management dimensions; to identify ways to make full usage of the contract …’s risk dimensions for risk management purposes; to overcome the isolation of the contract caused by its perception as a legal … analyzed regarding the contract’s roles as a source of risk and as a risk management device. Based on the relevant findings, it …

Purpose This study aims to investigate the legal consequences of the use of force majeure (FM) clause in a contract … related to the prospect of business sustainability. In addition, this paper also examines the legal risk perspective toward … this paper, namely, FM, COVID-19, contracts and legal risk management (LRM). Findings The study found that studies of FM …