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Joskow (1987) examined the importance of specific investments to the contract duration of coal contracts. Since … examines how the level of specific investments affect the design of coal contract structure, namely the simultaneous choices of … contract duration and pricing provision. The empirical results show that, from both the separate and joint estimations, the …
Persistent link: https://www.econbiz.de/10013134866
contract for breach of contract by the seller.Avoidance (or ldquo;terminationrdquo;) of the contract is the most extreme … measure a party may take in response to a breach of contract. Avoidance excuses any future performance, except for contractual … transactions, avoidance of the contract may create extreme hardship and costs for both the defaulting and the aggrieved party. This …
Persistent link: https://www.econbiz.de/10012752243
reliance on Article 4 CISG, and (2) the use of dogmatic categories of domestic law such as "contract" and "tort". Both are …
Persistent link: https://www.econbiz.de/10013085388
in these cases. Basically, suicide is a property rights issue and physician-assisted suicide is a contract rights issue …. Both contract rights and property rights have been disparaged during the twentieth century to the point where they seem to …
Persistent link: https://www.econbiz.de/10014061411
We develop a model of inter-temporal and intra-temporal price discrimination by airlines to study the ability of different discriminatory mechanisms to remove sources of inefficiency and the associated distributional implications. To estimate the model's multi-dimensional distribution of...
Persistent link: https://www.econbiz.de/10012907654
leads to higher average prices. We test the theory using detailed data for Brazilian exporters and find that the destination …
Persistent link: https://www.econbiz.de/10009764401
This study examines how the rules of origin (RoO) of a free trade agreement (FTA) affect firms' pricing strategies. A value-added criterion (VAC) of the RoO requires firms to add more than a certain level of values within an FTA when firms use inputs originating from outside the FTA. The VAC may...
Persistent link: https://www.econbiz.de/10012007287
We apply and extend the cost-based approach to bundling and tying under competition developed in Evans and Salinger (2004) to over-the-counter pain relievers and cold medicines. We document that consumers pay much less for tablets with multiple ingredients than they would if they bought tablets...
Persistent link: https://www.econbiz.de/10013318290
This Article studies the durapolist, the durable-goods monopolist. Durapolists have long argued that, unlike perishable-goods monopolists, they face difficulties in exercising market power despite their monopolistic position. During the past thirty years, economists have extensively studied the...
Persistent link: https://www.econbiz.de/10014073586
model of vertical integration in a supplier-producer relationship that is rooted in the property-rights theory to learn …
Persistent link: https://www.econbiz.de/10013224089