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designing the supply contract: adverse selection (i.e., the supplier's cost structure is private information) and lack of … two-part tariff under certain conditions (i.e., a single, linear contract could be optimal for the buyer). Even when the …
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Foreign direct investment (FDI) is observed to be a predominant form of capital flows to emerging economies, especially when they are liquidity-constrained internationally during a global financial crisis. The financial aspects of FDI are the focus of the paper. We analyze the problem of...
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