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The hold-up problem, innovations, and limited liability

Schmitz, Patrick W. - In: Economics letters 117 (2012) 3, pp. 841-843

Persistent link: https://www.econbiz.de/10009682589

On the joint use of liability and safety regulation

Schmitz, Patrick W. - In: International review of law and economics 20 (2000) 3, pp. 371-382

Persistent link: https://www.econbiz.de/10001530380

Investment incentives under asymmetric information and incomplete contracts

Schmitz, Patrick W. - 1999 - Als Ms. gedr.

Persistent link: https://www.econbiz.de/10001421543

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

Overdeterrence of repeat offenders when penalties for first-time offenders are restricted

Müller, Daniel; Schmitz, Patrick W. - In: Economics letters 129 (2015), pp. 116-120

Persistent link: https://www.econbiz.de/10011422056

Sollten Haftungsregeln durch Strafen ergänzt werden?

Schmitz, Patrick W. - In: Review of economics 48 (1997) 3, pp. 351-360

Persistent link: https://www.econbiz.de/10001235524

Ex post liability for harm vs. ex ante safety regulation : substitutes or complements? Comment

Ewerhart, Christian; Schmitz, Patrick W. - In: The American economic review 88 (1998) 4

Persistent link: https://www.econbiz.de/10001251091

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

Schmitz, Patrick W. - 2019

Persistent link: https://www.econbiz.de/10012181275

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

Schmitz, Patrick W. - 2019

Persistent link: https://www.econbiz.de/10012195497

Incomplete Contracts, Limited Liability, and the Optimality of Joint Ownership

Schmitz, Patrick W. - 2019

The property rights approach to the theory of the firm is the most prominent application of the incomplete contracting paradigm. A central conclusion of the standard model says that joint ownership is suboptimal. In this note, we analyze a modified version of the standard model that is tailored...

Persistent link: https://www.econbiz.de/10012864429