[eng] How are extra costs resulting from the occurrence of unanticipated risks allocated in a procurement setting ? This paper develops a theoretical framework combining transaction cost economics with equity theory in order to explain why parties endorse cooperative strategies, basically a...

Contract enforcement is acknowledged as a major issue in Law and in Economics. Contrasting substitution and complementary perspectives with respect to the role of private versus public enforcement institutions, this article analyses how contract law can support private institutions, and enhance...

This paper argues that developing, signalling and monitoring quality in the agri-food industry has become a central issue that requires hybrid organisations and institutions. We examine the forces pushing the industry towards hybrid arrangements, and then extend our analysis to alternative...

The seven volumes in the series cover the main aspects of research in the field, beginning with an overview of its analytical foundations in Volume 1. The subsequent volumes consider issues in transaction costs and property rights, the nature and role of contracts, the alternative modes of...