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Contributions of Oliver Hart and Bengt Holmström to contract theory

Schmidt, Klaus M. - In: The Scandinavian journal of economics 119 (2017) 3, pp. 489-511

Persistent link: https://www.econbiz.de/10011716954

Nitpicky insurers and the law of contracts

Bourgeon, Jean-Marc; Picard, Pierre M. - 2017

that hardly explains the many features of an insurance contract. We extend this setup to include the situation that the … costlessly observable, then it should be included in the contract to improve the risk sharing-incentive trade-off under moral … resulting incompleteness of the contract opens the door to controversies and disputes that may lead to judicial procedures. We …

Persistent link: https://www.econbiz.de/10011723471

The joint effects of ex ante contractual completeness and ex post governance on compliance in franchised marketing channels

Kashyap, Vishal; Murtha, Brian R. - In: Journal of marketing 81 (2017) 3, pp. 130-153

Persistent link: https://www.econbiz.de/10011697858

Relational contracts, the cost of enforcing formal contracts, and capital structure choice : theory and evidence

Fahn, Matthias; Merlo, Valeria; Wamser, Georg - 2017

This paper shows that the cost of enforcing contracts governing non-financial relationships between firms affects a firm's financing structure. We analyze the interaction between a firm's capital structure and the type of contracts it uses to deal with its suppliers. We first develop a...

Persistent link: https://www.econbiz.de/10011674383