maturity rather than renegotiation of the principle in the case of loan default is due to the superior incentive properties of … open the possibility of foreclosure, it will be preferred to renegotiation as long as the dead weight loss from foreclosure …

should experience a comparative gain within their marriage. However, if renegotiation possibilities are limited by … the German Socio-Economic Panel indeed shows that, as long as renegotiation opportunities are limited, comparatively …

Renegotiation Proof Equilibrium payoffs shrinks towards the joint profit maximizing payoff point as marginal costs are made to rise …

We construct a regulation model in which renegotiation occurs due to the imperfect enforcement of concession contracts …. This enables us to provide theoretical predictions for the impact, on the probability of renegotiation of a concession, of …

married women, it should be beneficial to them. We show that, if renegotiation possibilities for migrant women are limited …

The literature on contracts has shown that renegotiation in agency relationships generates efficiency losses when the … principal leads the renegotiation. We show that contractual incompleteness may reduce such efficiency loss. This provides an … inefficiency when he leads the renegotiation; this latter result tempers the irrelevancy of contractual incompleteness demonstrated …