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achieved by writing a contract that specifies a suffciently high quality level. In contrast, the result by Che and Chung (1999 … hybrid case. We also show that if the quality specified in the contract is too low, 'expectation damages' do not necessarily …
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possible outcomes, a flexible contract allows for future adaptation but is associated with ex post haggling cost. By specifying … a single outcome, a rigid contract eliminates future disagreement but precludes beneficial adjustments to the occurring …
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The monograph is devoted to key issues on international investment contracts concluded between a host state as a bearer of power and a foreign investor for a specified period and aimed to contribute capital (investment) into the economy of that state. The only type of such agreements referred to...
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There are major differences between ex ante corporate investment plans and ex post investments. The case of China is useful for understanding this problem because there is substantial time series and cross sectional variation in the ratio of utilized to contracted FDI (UC ratio), which is less...
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Russia Economic Sanctions and Structural Changes in the Internationalization Strategies of Russian Financial Multinationals. … from large (China and Russia) and medium-sized (Taiwan) emerging markets. Utilizing novel findings of the top …
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