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A brief overview of the economics of incomplete markets
Laffont, Jean-Jacques - In: The economic record : er 65 (1989) 188, pp. 54-65
Persistent link: https://www.econbiz.de/10001068437
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General equilibrium with contracts
Kwon, Suehyun - 2016
This paper studies general equilibrium when workers in the economy are also consumers of final goods. Once a firm and a worker are matched, there is a standard moral hazard problem. However, the firm's profit depends on the price of the good the worker produces, and the price is determined by...
Persistent link: https://www.econbiz.de/10011580675
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Multilateral contracting and prevention
Pope, Brandon; Deshmukh, Abhijit; Johnson, Andrew L.; … - In: Health economics 23 (2014) 4, pp. 397-409
Persistent link: https://www.econbiz.de/10011304923
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Nitpicky insurers and the law of contracts
Bourgeon, Jean-Marc; Picard, Pierre M. - 2017
that hardly explains the many features of an insurance contract. We extend this setup to include the situation that the … costlessly observable, then it should be included in the contract to improve the risk sharing-incentive trade-off under moral … resulting incompleteness of the contract opens the door to controversies and disputes that may lead to judicial procedures. We …
Persistent link: https://www.econbiz.de/10011723471
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Provision of incentives for information acquisition : forecast-based contracts vs. menus of linear contracts
Chen, Fangruo; Lai, Guoming; Xiao, Wenqiang - In: Management science : journal of the Institute for … 62 (2016) 7, pp. 1899-1914
Persistent link: https://www.econbiz.de/10011518610
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Contract choice : efficiency and fairness in revenue‐sharing contracts
Karakostas, Alexandros; Sonntag, Axel; Zizzo, Daniel John - In: The Scandinavian journal of economics 119 (2017) 4, pp. 962-986
Persistent link: https://www.econbiz.de/10011805615
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Contracts, incentives and organizations : Hart and Holmström Nobel Laureates
Smirnov, Vladimir; Wait, Andrew - In: Review of political economy 29 (2017) 4, pp. 493-522
Persistent link: https://www.econbiz.de/10011882413
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Contract theory in the spotlight : Oliver Hart and Bengt Holmström, 2016 Nobel Prize winners
Fleckinger, Pierre; Martimort, David - In: Revue d'économie politique 128 (2018) 4, pp. 493-533
Persistent link: https://www.econbiz.de/10011943020
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Designing service level agreements for inventory management
Liang, Liping; Atkins, Derek - In: Production and operations management : an international … 22 (2013) 5, pp. 1103-1117
Persistent link: https://www.econbiz.de/10010202139
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Efficient resource allocation contracts to reduce adverse events
Liang, Yong; Sun, Peng; Tang, Runyu; Zhang, Chong - In: Operations research 71 (2023) 5, pp. 1889-1907
Persistent link: https://www.econbiz.de/10014393286