In order to contribute to the debate on the “edges of contract law,” especially on the value of the privity rule in an … age of network contracts and sharing economy, this Essay analyzes some approaches and solutions chosen by continental or … specifically the effect in one relationship of the fact that a contracting partner also has a contract with a third party. First …

agents in a social network. The extent of externality that each agent receives from the consumption of neighboring agents is … privately held and is unknown to the firm. By explicitly characterizing the optimal multilateral contract, we demonstrate how … inefficiency in an agent’s trade propagates through the network and creates unequal and network-dependent downward distortion in …

Recent studies emphasize the role of the network structure of production input interlinkages for a wide range of … network formation. Here we provide evidence on the evolution of production input interlinkages on the most granular level of … economy. We review the main empirical properties of the Japanese production network level and find that these features are …

This paper contains an analysis of the network of the 29 largest European insurance groups and their financial …

should be nowadays replaced with a network-oriented view. Closer insight into the concept of systemic risk can refer to the … have disastrous effects and cause extreme damage as the number of network nodes goes to infinity. Strongly interconnected …

I study the optimal compensation scheme in organizations in Shi (2020), in which agents connected in a network are … the disutility of working. For any given network structure, the optimal compensation scheme exists and is unique. There … unimportant for the team output, same pay goes to agents in different network positions, because the the first and the second …