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Know-how disclosure and incomplete contracts

Rosenkranz, Stephanie; Schmitz, Patrick W. - Volkswirtschaftliche Fakultät, … - 1999

When two parties invest in human capital and at the same time decide on know-how disclosure it can be shown that joint ownership with veto power is the optimal ownership structure, given that only incomplete contracts can be written.

Persistent link: https://www.econbiz.de/10005623472

Optimal ownership of public goods reconsidered

Schmitz, Patrick W. - In: Economics letters 125 (2014) 1, pp. 21-24

Persistent link: https://www.econbiz.de/10010504788

Optimal ownership of public goods under asymmetric information

Schmitz, Patrick W. - In: Journal of public economics 198 (2021), pp. 1-6

Persistent link: https://www.econbiz.de/10012800313

On the optimality of outsourcing when vertical integration can mitigate information asymmetries

Schmitz, Patrick W. - In: Economics letters 202 (2021), pp. 1-5

Persistent link: https://www.econbiz.de/10012607205

Moral hazard and the property rights approach to the theory of the firm

Schmitz, Patrick W. - In: Economics letters 186 (2020), pp. 1-4

Persistent link: https://www.econbiz.de/10012503648

Asymmetric information and the property rights approach to the theory of the firm

Schmitz, Patrick W. - In: Economics letters 159 (2017), pp. 96-99

Persistent link: https://www.econbiz.de/10011903426

Government versus private ownership of public goods : the role of bargaining frictions

Schmitz, Patrick W. - In: Journal of public economics 132 (2015), pp. 23-31

Persistent link: https://www.econbiz.de/10011586184

Incomplete contracts, shared ownership, and investment incentives

Schmitz, Patrick W. - In: Journal of economic behavior & organization : JEBO 144 (2017), pp. 153-165

Persistent link: https://www.econbiz.de/10011926901

Incomplete contracts, limited liability, and the optimality of joint ownership

Schmitz, Patrick W. - In: Economics letters 183 (2019), pp. 1-4

Persistent link: https://www.econbiz.de/10012122546

Completely relationship-specific investments, transaction costs, and the property rights theory

Schmitz, Patrick W. - In: Economics letters 226 (2023), pp. 1-4

Persistent link: https://www.econbiz.de/10014313298