about the asset? How do the disclosure rules of contract law influence the investigation decision? Shavell (1994) showed …-disclosure rule, which requires disclosure of material information, but only after the contract is concluded. We show that this rule … can be more efficient than both voluntary disclosure and mandatory (pre-contract) disclosure …

externalities that create a coordination problem among principals. Contract disclosure enables principals to design the contract … consider externalities on other principals caused by the effects of their contract choices on the monitor's scrutiny allocation …. We find that, if internal controls are relatively weak, contract disclosure may make contracts more strongly contingent …

commonly suggested disclosures affect insurance demand, disclosing either (1) the true probability of loss, (2) the contract …

In the early models of incomplete contract neither party used to invest in the subject matter of the contract; those … realize subsequent to a binding contract, a systematic analysis has been attempted to see - first, how the legal remedies can … role than that has been realized. Focus remains on the ex-ante design of the contract, which would serve as an implicit …