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relationships with complete information. Not only does evidence production cost influence the players' incentives to disclose … evidence to convey information to a court about the state of the relationship. In some situations, evidence costs can interfere …
Persistent link: https://www.econbiz.de/10005751189
relationships of complete information. I study how the cost of providing evidence (disclosing documents) influences the set of … enforceable contracts. I show that evidence cost can be both beneficial and detrimental with regard to enlarging the set of … documents expands the set of enforceable contracts, and discuss the relevance of my findings to the design of legal institutions. …
Persistent link: https://www.econbiz.de/10005636513
allows litigants to utilize their information about the level of suppression. …
Persistent link: https://www.econbiz.de/10005636524
Neither marriage nor a legally enforceable contract serves any useful purpose if the parties have access to a perfect credit market. In the presence of credit rationing, efficiency and utility equalization are guaranteed only by a legally enforceable contract. Separate-property marriage may...
Persistent link: https://www.econbiz.de/10010732344
Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this … effect of contracts on bargaining threatpoints. We compare situations in which an initial contract is renegotiated to …
Persistent link: https://www.econbiz.de/10010860227
Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this … effect of contracts on bargaining threatpoints. We compare situations in which an initial contract is renegotiated to …
Persistent link: https://www.econbiz.de/10011106293
Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this … effect of contracts on bargaining threatpoints. We compare situations in which an initial contract is renegotiated to …
Persistent link: https://www.econbiz.de/10010604136
are strategic complements. The results are interpreted in the context of legal contracts and in that of informal mutual …
Persistent link: https://www.econbiz.de/10010266677
Neither marriage nor a legally enforceable contract serves any useful purpose if the parties have access to a perfect credit market. In the presence of credit rationing, efficiency and utility equalization are guaranteed only by a legally enforceable contract. Separate-property marriage may...
Persistent link: https://www.econbiz.de/10010328730
Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this … effect of contracts on bargaining threatpoints. We compare situations in which an initial contract is renegotiated to …
Persistent link: https://www.econbiz.de/10010333816