Buyer-Option Contracts Restored PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Buyer-Option Contracts Restored PDF full book. Access full book title Buyer-Option Contracts Restored by Thomas Patrick Lyons. Download full books in PDF and EPUB format.
Author: Thomas Patrick Lyons
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Quot;Buyer-optionquot; contracts, in which the buyer selects the product variant to be traded and chooses whether to accept delivery, are often used to solve holdup problems. We present a simple game that focuses sharply on subgames in which the buyer proposes inefficient actions in order to improve his bargaining position. We argue for one of several alternative ways to model this situation. We then apply that modeling choice to recent models of the foundations of incomplete contracts and show that a buyer-option contract is sufficient to induce first-best outcomes.
Author: Thomas Patrick Lyons
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Quot;Buyer-optionquot; contracts, in which the buyer selects the product variant to be traded and chooses whether to accept delivery, are often used to solve holdup problems. We present a simple game that focuses sharply on subgames in which the buyer proposes inefficient actions in order to improve his bargaining position. We argue for one of several alternative ways to model this situation. We then apply that modeling choice to recent models of the foundations of incomplete contracts and show that a buyer-option contract is sufficient to induce first-best outcomes.
Author: Thomas P. Lyons
Publisher:
ISBN:
Category : Contracts
Languages : en
Pages : 25
Get Book Here
Book Description
Author: Sheldon Kimmel
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 30
Get Book Here
Book Description
Author: Gerrit de Geest
Publisher: Edward Elgar Publishing
ISBN: 1849806640
Category : Law
Languages : en
Pages : 497
Get Book Here
Book Description
This unique and timely book offers an up-to-date, clear and comprehensive review of the economic literature on contract law. The topical chapters written by leading international scholars include: precontractual liability, misrepresentation, duress, gratuitous promises, gifts, standard form contracts, interpretation, contract remedies, penalty clauses, impracticability and foreseeability. Option contracts, warranties, long-term contracts, marriage contracts, franchise contracts, quasi-contracts, behavioral approaches, and civil contract law are also discussed. This excellent resource on contract law and economics will be particularly suited to contract law scholars, law teachers, policy makers, and judges. For experts in and practitioners of contract law this will be a key book to buy.
Author: Charles J. Romeo
Publisher:
ISBN:
Category : Consumers' preferences
Languages : en
Pages : 68
Get Book Here
Book Description
Author: Eva I. Hoppe-Fischer
Publisher: Springer
ISBN: 3658241330
Category : Business & Economics
Languages : en
Pages : 211
Get Book Here
Book Description
Contract theory, which emphasizes the importance of unverifiable actions and private information, has been a highly active field of research in microeconomics in the last decades. This thesis is divided into two parts. Part I consists of three chapters that study contract-theoretic models which are motivated by the classic procurement problem of a principal who wants an agent to deliver a certain good or service. In such models it is typically assumed that decision makers are interested in their own monetary payoffs only. Moreover, they have unlimited cognitive abilities and behave in a perfectly rational way. Yet, in practice people often do not behave this way. While empirical research is very difficult in contract theory, laboratory experiments have recently turned out to be an important source of data. In Part II, three experimental studies are presented that investigate contract-theoretic problems brought up in Part I.
Author: Alexander Raskovich
Publisher:
ISBN:
Category : Breach of contract
Languages : en
Pages : 50
Get Book Here
Book Description
Author:
Publisher: DIANE Publishing
ISBN: 1428953205
Category :
Languages : en
Pages : 26
Get Book Here
Book Description
Author: Kenneth Heyer
Publisher:
ISBN:
Category : Antitrust law
Languages : en
Pages : 62
Get Book Here
Book Description
Author: Patrick Greenlee
Publisher:
ISBN:
Category : Antitrust law
Languages : en
Pages : 50
Get Book Here
Book Description
