Agency and Self-Enforcing Contracts
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Grossman, Sanford J & Hart, Oliver D, 1986.
"The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration,"
Journal of Political Economy, University of Chicago Press, vol. 94(4), pages 691-719, August.
- Oliver Hart & Sanford Grossman, 1985. "The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration," Working papers 372, Massachusetts Institute of Technology (MIT), Department of Economics.
- Grossman, Sanford J & Hart, Oliver, 1985. "The Cost and Benefits of Ownership: A Theory of Vertical and Lateral Integration," CEPR Discussion Papers 70, C.E.P.R. Discussion Papers.
- Grossman, Sanford J. & Hart, Oliver D., 1986. "The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration," Scholarly Articles 3450060, Harvard University Department of Economics.
- Hay, Jonathan R & Shleifer, Andrei, 1998. "Private Enforcement of Public Laws: A Theory of Legal Reform," American Economic Review, American Economic Association, vol. 88(2), pages 398-403, May.
- Yingyi Qian & Chenggang Xu, 1998. "Innovation and Bureaucracy Under Soft and Hard Budget Constraints," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 65(1), pages 151-164.
- MacLeod, W Bentley & Malcomson, James M, 1989.
"Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment,"
Econometrica, Econometric Society, vol. 57(2), pages 447-480, March.
- W. Bentley MacLeod & James M. Malcomson, 1986. "Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment," Working Paper 585, Economics Department, Queen's University.
- Donald B. Hausch & Yeon-Koo Che, 1999.
"Cooperative Investments and the Value of Contracting,"
American Economic Review, American Economic Association, vol. 89(1), pages 125-147, March.
- Che, Y.K. & Hausch, D.B., 1997. "Cooperative Investments and the Value of Contracting," Working papers 9714, Wisconsin Madison - Social Systems.
- Telser, L G, 1980. "A Theory of Self-enforcing Agreements," The Journal of Business, University of Chicago Press, vol. 53(1), pages 27-44, January.
- Elster, Jon, 1989. "Social Norms and Economic Theory," Journal of Economic Perspectives, American Economic Association, vol. 3(4), pages 99-117, Fall.
- Clive Bull, 1987. "The Existence of Self-Enforcing Implicit Contracts," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(1), pages 147-159.
- Nee, Victor, 1998. "Norms and Networks in Economic and Organizational Performance," American Economic Review, American Economic Association, vol. 88(2), pages 85-89, May.
- Klein, Benjamin & Murphy, Kevin M, 1997. "Vertical Integration as a Self-Enforcing Contractual Arrangement," American Economic Review, American Economic Association, vol. 87(2), pages 415-420, May.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Jeff S. Johnson & Ravipreet S. Sohi, 2016. "Understanding and resolving major contractual breaches in buyer–seller relationships: a grounded theory approach," Journal of the Academy of Marketing Science, Springer, vol. 44(2), pages 185-205, March.
- Tetsushi Sonobe & Keijiro Otsuka, 2004.
"Productivity Effects of TVE Privatization: The Case Study of Garment and Metal-Casting Enterprises in the Greater Yangtze River Region,"
NBER Chapters, in: Governance, Regulation, and Privatization in the Asia-Pacific Region, pages 231-247,
National Bureau of Economic Research, Inc.
- Tetsushi Sonobe & Keijiro Otsuka, 2003. "Productivity Effects of TVE Privatization: The Case Study of Garment and Metal Casting Enterprises in the Greater Yangtze River Region," NBER Working Papers 9621, National Bureau of Economic Research, Inc.
- Tao, Zhigang & Zhu, Tian, 2001. "An agency theory of transactions without contract enforcement: The case of China," China Economic Review, Elsevier, vol. 12(1), pages 1-14.
- Xianbi Huang, 2008. "Guanxi networks and job searches in China's emerging labour market: a qualitative investigation," Work, Employment & Society, British Sociological Association, vol. 22(3), pages 467-484, September.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Thiele, Veikko, 2007. "The Demand for Tailored Goods and the Theory of the Firm," MPRA Paper 2471, University Library of Munich, Germany.
- Joel Watson, 2013.
"Contract and Game Theory: Basic Concepts for Settings with Finite Horizons,"
Games, MDPI, vol. 4(3), pages 1-40, August.
- Watson, Joel, 2006. "Contract and Game Theory: Basic Concepts for Settings with Finite Horizons," University of California at San Diego, Economics Working Paper Series qt0wx67671, Department of Economics, UC San Diego.
- Lewis A. Kornhauser & W. Bentley MacLeod, 2012.
"Contracts between Legal Persons [The Handbook of Organizational Economics],"
Introductory Chapters,,
Princeton University Press.
- Kornhauser, Lewis A. & MacLeod, W. Bentley, 2010. "Contracts between Legal Persons," IZA Discussion Papers 5352, Institute of Labor Economics (IZA).
- Lewis A. Kornhauser & W. Bentley MacLeod, 2010. "Contracts between Legal Persons," NBER Working Papers 16049, National Bureau of Economic Research, Inc.
- repec:eee:labchp:v:3:y:1999:i:pb:p:2291-2372 is not listed on IDEAS
- Gibbons, Robert, 2005. "Four forma(lizable) theories of the firm?," Journal of Economic Behavior & Organization, Elsevier, vol. 58(2), pages 200-245, October.
- Matthias Kiefer & Edward Jones & Andrew Adams, 2016. "Principals, Agents and Incomplete Contracts: Are Surrender of Control and Renegotiation the Solution?," CFI Discussion Papers 1603, Centre for Finance and Investment, Heriot Watt University.
- Lang, Matthias, 2019.
"Communicating subjective evaluations,"
Journal of Economic Theory, Elsevier, vol. 179(C), pages 163-199.
- Matthias Lang, 2012. "Communicating Subjective Evaluations," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2012_14, Max Planck Institute for Research on Collective Goods, revised Apr 2018.
- Lang, Matthias, 2018. "Communicating Subjective Evaluations," Rationality and Competition Discussion Paper Series 120, CRC TRR 190 Rationality and Competition.
- Matthias Lang, 2014. "Communicating Subjective Evaluations," CESifo Working Paper Series 4830, CESifo.
- Lang, Matthias, 2019. "Communicating subjective evaluations," Munich Reprints in Economics 78243, University of Munich, Department of Economics.
- Oliver Hart & John Moore, 2004.
"Agreeing Now to Agree Later: Contracts that Rule Out but do not Rule In,"
Edinburgh School of Economics Discussion Paper Series
109, Edinburgh School of Economics, University of Edinburgh.
- Oliver Hart & John Moore, 2004. "Agreeing Now to Agree Later: Contracts that Rule Out but do not Rule In," NBER Working Papers 10397, National Bureau of Economic Research, Inc.
- Oliver Hart & John Moore, 2004. "Agreeing Now to Agree Later: Contracts that Rule Out but do not Rule In," Harvard Institute of Economic Research Working Papers 2032, Harvard - Institute of Economic Research.
- Hart, Oliver & Moore, John, 2004. "Agreeing now to agree later: contracts that rule out but do not rule in," LSE Research Online Documents on Economics 19316, London School of Economics and Political Science, LSE Library.
- Oliver Hart & John Moore, 2004. "AGREEING NOW TO AGREE LATER: Contracts that Rule Out but do not Rule In," STICERD - Theoretical Economics Paper Series 472, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- W. Bentley MacLeod & James M. Malcomson, 2023.
"Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment: Thirty Years On,"
Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 179(3-4), pages 470-499.
- W. Bentley MacLeod & James Malcomson, 2023. "Implicit contracts, incentive compatibility, and involuntary unemployment: thirty years on," Economics Series Working Papers 997, University of Oxford, Department of Economics.
- MacLeod, W. Bentley & Malcomson, James, 2023. "Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment: Thirty Years On," IZA Discussion Papers 15881, Institute of Labor Economics (IZA).
- Armin Falk & David Huffman & W. Bentley Macleod, 2015.
"Institutions and Contract Enforcement,"
Journal of Labor Economics, University of Chicago Press, vol. 33(3), pages 571-590.
- Armin Falk & David Huffman & W. Bentley MacLeod, 2008. "Institutions and Contract Enforcement," CESifo Working Paper Series 2284, CESifo.
- Falk, Armin & Huffman, David & Macleod, W. Bentley, 2011. "Institutions and Contract Enforcement," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 361, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Armin Falk & David Huffman & W. Bentley MacLeod, 2008. "Institutions and Contract Enforcement," NBER Working Papers 13961, National Bureau of Economic Research, Inc.
- Falk, Armin & Huffman, David B. & MacLeod, W. Bentley, 2008. "Institutions and Contract Enforcement," IZA Discussion Papers 3435, Institute of Labor Economics (IZA).
- James M. Malcomson, 2012.
"Relational Incentive Contracts [The Handbook of Organizational Economics],"
Introductory Chapters,,
Princeton University Press.
- James Malcomson, 2010. "Relational Incentive Contracts," Economics Series Working Papers 508, University of Oxford, Department of Economics.
- Ola Kvaløy & Trond E. Olsen, 2012.
"The Rise of Individual Performance Pay,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 21(2), pages 493-518, June.
- Kvaløy, Ola & Olsen, Trond E., 2006. "The rise of individual performance pay," Discussion Papers 2006/22, Norwegian School of Economics, Department of Business and Management Science.
- Ola Kvaloy & Trond Olsen, 2007. "The Rise of Individual Performance Pay," CESifo Working Paper Series 2145, CESifo.
- Kvaløy, Ola & Olsen, Trond, 2008. "The rise of individual performance pay," UiS Working Papers in Economics and Finance 2009/3, University of Stavanger.
- Kvaløy, Ola, 2008. "Do norms matter for firm boundaries?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(3), pages 969-975, June.
- Hueth, Brent & Ligon, Ethan & Melkonyan, Tigran A., 2008. "Interactions between Explicit and Implicit Contracting: Evidence from California Agriculture," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6068, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Jonathan Levin, 2003.
"Relational Incentive Contracts,"
American Economic Review, American Economic Association, vol. 93(3), pages 835-857, June.
- Jonathan Levin, 2000. "Relational Incentive Contracts," Working Papers 01002, Stanford University, Department of Economics.
- Bart S. Vanneste & Douglas H. Frank, 2014. "Forgiveness in Vertical Relationships: Incentive and Termination Effects," Organization Science, INFORMS, vol. 25(6), pages 1807-1822, December.
- Robert Evans, 2008.
"Simple Efficient Contracts in Complex Environments,"
Econometrica, Econometric Society, vol. 76(3), pages 459-491, May.
- Evans, R., 2006. "Simple Efficient Contracts in Complex Environments," Cambridge Working Papers in Economics 0627, Faculty of Economics, University of Cambridge.
- Alessandro De Chiara, 2018. "Courts' Decisions, Cooperative Investments, and Incomplete Contracts," CEU Working Papers 2018_5, Department of Economics, Central European University.
- Joel Watson & David A. Miller & Trond E. Olsen, 2020.
"Relational Contracting, Negotiation, and External Enforcement,"
American Economic Review, American Economic Association, vol. 110(7), pages 2153-2197, July.
- Miller, David & Olsen, Trond E. & Watson, Joel, 2018. "Relational Contracting, Negotiation, and External Enforcement," Discussion Papers 2018/8, Norwegian School of Economics, Department of Business and Management Science.
- Watson, Joel & Miller, David A & Olsen, Trond E, 2020. "Relational Contracting, Negotiation, and External Enforcement," University of California at San Diego, Economics Working Paper Series qt6ts1j6hf, Department of Economics, UC San Diego.
- Pearce, David G. & Stacchetti, Ennio, 1998. "The Interaction of Implicit and Explicit Contracts in Repeated Agency," Games and Economic Behavior, Elsevier, vol. 23(1), pages 75-96, April.
- Martin Brown & Armin Falk & Ernst Fehr, "undated".
"Contractual Incompleteness and the Nature of Market Interactions,"
IEW - Working Papers
038, Institute for Empirical Research in Economics - University of Zurich.
- Fehr, Ernst & Falk, Armin & Brown, Martin, 2002. "Contractual Incompleteness and the Nature of Market Interactions," CEPR Discussion Papers 3272, C.E.P.R. Discussion Papers.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jcecon:v:28:y:2000:i:1:p:80-94. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622864 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.