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to collect, process, and share information about their own status and about their environment, has attained a high degree … information asymmetries concerning individual risk this has positive efficiency effects. Simultaneously with the improvement of … gain relevance. The comprehensiveness of collected pieces of information which can be stored arbitrarily long and …
Persistent link: https://www.econbiz.de/10009482327
carriers. The second part studies the interaction of the longer term contracts and the spot markets/exchanges for the same … goods/services.Most containerized freight is transported under the provisions of medium term contracts between ocean … those contracts. In particular, an ocean carrier would like to set the prices such that the best match between supply and …
Persistent link: https://www.econbiz.de/10009476115
enforcement of contracts and property rights, they rely on alternative (non-state) ways of enforcing their agreements. My research …
Persistent link: https://www.econbiz.de/10009450578
agriculture. Limited-liability contracts create an environment of moral hazard in learning investment and adverse selection in the … liability contracts realizes project scales 25-30% smaller than optimal. Learning-induced cost reductions in the production of … biomass are 20% less than predicted by engineering analyses. Limited-liability contracts raise the price paid by the principal …
Persistent link: https://www.econbiz.de/10009450932
contracts induced by means of bribery are analyzed. It is stated that both nullity and voidability run counter to effective anti …-corruption. Therefore, it is argued that contracts induced by means of bribery should be valid. Furthermore, it is expounded that other …
Persistent link: https://www.econbiz.de/10009484807
Persistent link: https://www.econbiz.de/10011324354
This dissertation focuses on robust coalition formation between selfish agents in a dynamic environment where contracts …
Persistent link: https://www.econbiz.de/10009429318
financial records, i.e. verifiable "hard" information, and they are more likely to match with larger banks, as documented by … Berger et al.(2005).I show that these two facts can be explained using a segmented loan markets model with loan contracts …
Persistent link: https://www.econbiz.de/10009429329