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-proof contracts and strategies for general extensive form games with incomplete information and apply our results to two-stage games …This paper characterizes equilibrium outcomes of extensive form games with incomplete information in which players can … sign renegotiable contracts with third-parties. Our aim is to understand the extent to which third-party contracts can be …
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This paper extends the existing theory and empirical investigation of unitization contracts. It highlights the …-term contracts. We argue that only if the parties to a unitization contract have unit production shares that are the same as their …
Persistent link: https://www.econbiz.de/10012471652
Defense acquisition programs are examples of complex contracts plagued by surging delays and cost overruns. In … also indicates that, in complex projects, such as defense projects, contracts are often experienced as a cause of … disruption of cooperation. In addressing this problem, contract literature has mainly focused on how to improve contracts by …
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contracting theory, we find that, as renegotiation costs fall, the maturity of debt contracts lengthens, the likelihood of …
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This paper extends the existing theory and empirical investigation of unitization contracts. It highlights the …-term contracts. We argue that only if the parties to a unitization contract have unit production shares that are the same as their …
Persistent link: https://www.econbiz.de/10013220394
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