IDEAS home Printed from https://ideas.repec.org/e/c/pch150.html
   My authors  Follow this author

Tai-Yeong Chung

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Tai-Yeong Chung & Alan Chan, 2004. "Contract Damages and Investment Dynamics," Econometric Society 2004 Far Eastern Meetings 683, Econometric Society.

    Cited by:

    1. Fan Zhang, 2008. "Dynamic Contract Breach," EAG Discussions Papers 200803, Department of Justice, Antitrust Division.
    2. Pilli-Sihvola, Karoliina & Aatola, Piia & Ollikainen, Markku & Tuomenvirta, Heikki, 2010. "Climate change and electricity consumption--Witnessing increasing or decreasing use and costs?," Energy Policy, Elsevier, vol. 38(5), pages 2409-2419, May.

  2. Che, Y.K. & Chung, T.Y., 1995. "Incomplete Contracts and Cooperative Investments," Working papers 9524, Wisconsin Madison - Social Systems.

    Cited by:

    1. Gul, Faruk, 2001. "Unobservable Investment and the Hold-Up Problem," Econometrica, Econometric Society, vol. 69(2), pages 343-376, March.
    2. 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.
    3. Giulio Fella, 2014. "Investment in General Training with Consensual Layoffs," Working Papers 418, Queen Mary University of London, School of Economics and Finance.

  3. Tai-Yeong Chung, 1994. "Rent-Seeking Contest When the Prize Increases With Aggregate Efforts," University of Western Ontario, Departmental Research Report Series 9407, University of Western Ontario, Department of Economics.

    Cited by:

    1. Subhasish Chowdhury & Roman Sheremeta, 2011. "A generalized Tullock contest," Public Choice, Springer, vol. 147(3), pages 413-420, June.
    2. Subhasish M. Chowdhury & Roman M. Sheremeta, 2010. "The Equivalence of Contests," Working Papers 10-07, Chapman University, Economic Science Institute.
    3. Matthew J. Kotchen & Stephen W. Salant, 2009. "A Free Lunch in the Commons," NBER Working Papers 15086, National Bureau of Economic Research, Inc.
    4. Markus LANG & Alexander RATHKE & Marco RUNKEL, 2010. "The Economic Consequences Of Foreigner Rules In National Sports Leagues," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 31, pages 47-64.
    5. Prokopovych, Pavlo & Yannelis, Nicholas C., 2023. "On monotone pure-strategy Bayesian-Nash equilibria of a generalized contest," Games and Economic Behavior, Elsevier, vol. 140(C), pages 348-362.
    6. Liston-Heyes, Catherine, 2001. "Setting the Stakes in Environmental Contests," Journal of Environmental Economics and Management, Elsevier, vol. 41(1), pages 1-12, January.
    7. Tobias Wenzel, 2014. "Independent Service Operators in ATM Markets," Scottish Journal of Political Economy, Scottish Economic Society, vol. 61(1), pages 26-47, February.
    8. Subhasish M. Chowdhury & Roman M. Sheremeta, 2010. "Multiple Equilibria in Tullock Contests," University of East Anglia Applied and Financial Economics Working Paper Series 014, School of Economics, University of East Anglia, Norwich, UK..
    9. Frederik Schmidt, 2008. "The Stability of Dynamic Contests with Asymmetric and Endogenous Prizes," Economics Bulletin, AccessEcon, vol. 3(4), pages 1-9.
    10. Dechenaux, Emmanuel & Kovenock, Dan & Sheremeta, Roman, 2014. "A Survey of Experimental Research on Contests, All-Pay Auctions and Tournaments," MPRA Paper 59714, University Library of Munich, Germany.
    11. Corgnet, Brice & Martin, Ludivine & Ndodjang, Peguy & Sutan, Angela, 2019. "On the merit of equal pay: Performance manipulation and incentive setting," European Economic Review, Elsevier, vol. 113(C), pages 23-45.
    12. Knyazev, Dmitriy, 2017. "Optimal prize structures in elimination contests," Journal of Economic Behavior & Organization, Elsevier, vol. 139(C), pages 32-48.
    13. Gil S. Epstein & Shmuel Nitzan, 2000. "Strategic Restraint in Contests," CESifo Working Paper Series 271, CESifo.
    14. Chung, Keunsuk & Lee, Dongryul, 2017. "Inefficient competition in shadow-education investment," Journal of Economic Behavior & Organization, Elsevier, vol. 139(C), pages 152-165.
    15. João Ricardo Faria & Franklin G. Mixon, Jr. & Steven B. Caudill & Samantha J. Wineke, 2014. "Two-Dimensional Effort in Patent-Race Games and Rent-Seeking Contests: The Case of Telephony," Games, MDPI, vol. 5(2), pages 1-11, May.
    16. Abbas Khandan, 2022. "Externalities in the rent-seeking strategies of lobbying and bribery," Public Sector Economics, Institute of Public Finance, vol. 46(3), pages 421-450.
    17. Nick Hanley & Ian A. MacKenzie, 2009. "The effects of rent seeking over tradable pollution permits," CER-ETH Economics working paper series 09/112, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    18. Farhad Nili & Gabriel Talmain, "undated". "Rent-seeking, Occupational Choice and Oil Boom," Discussion Papers 01/11, Department of Economics, University of York.
    19. Cherry, Josh & Salant, Stephen & Uler, Neslihan, 2013. "Experimental Departures from Self-Interest when Competing Partnerships Share Output," RFF Working Paper Series dp-13-07, Resources for the Future.
    20. Gwanghoon Lee, 2006. "Optimal R&D Competition and Economic Growth," Korean Economic Review, Korean Economic Association, vol. 22, pages 267-297.
    21. Guido Ascari & Philippe Gagnepain, 2007. "Evaluating Rent Dissipation in the Spanish Football Industry," Post-Print hal-00622841, HAL.
    22. J. Clark, Derek & Nilssen, Tore, 2010. "Learning by Doing in Contests," Memorandum 09/2010, Oslo University, Department of Economics.
    23. Bös, Dieter, 2002. "Contests Among Bureaucrats," Bonn Econ Discussion Papers 27/2002, University of Bonn, Bonn Graduate School of Economics (BGSE).
    24. François Libois, 2016. "Success and Failure of Communities Managing Natural Resources:Static and Dynamic Inefficiencies," Working Papers 1601, University of Namur, Department of Economics.
    25. Maria Betto & Matthew W. Thomas, 2021. "Asymmetric All-Pay Auctions with Spillovers," Papers 2106.08496, arXiv.org, revised Feb 2023.
    26. Heintzelman, Martin D. & Salant, Stephen W. & Schott, Stephan, 2009. "Putting free-riding to work: A Partnership Solution to the common-property problem," Journal of Environmental Economics and Management, Elsevier, vol. 57(3), pages 309-320, May.
    27. Dieter Bös, 2002. "Contests Among Bureaucrats," CESifo Working Paper Series 807, CESifo.
    28. Gregor, Martin, 2012. "Contest for power in organizations," Economics Letters, Elsevier, vol. 114(3), pages 280-283.
    29. Hoffmann, Magnus & Rota-Graziosi, Grégoire, 2012. "Endogenous timing in general rent-seeking and conflict models," Games and Economic Behavior, Elsevier, vol. 75(1), pages 168-184.
    30. Luke M. Froeb & Bernhard Ganglmair & Steven Tschantz, 2016. "Adversarial Decision Making: Choosing between Models Constructed by Interested Parties," Journal of Law and Economics, University of Chicago Press, vol. 59(3), pages 527-548.
    31. J. Atsu Amegashie & Edward Kutsoati, 2005. "Rematches in Boxing and Other Sporting Events," Journal of Sports Economics, , vol. 6(4), pages 401-411, November.
    32. Schmutzler, Armin & Jönsson, Stefan, 2013. "All-Pay Auctions: Implementation and Optimality," CEPR Discussion Papers 9323, C.E.P.R. Discussion Papers.
    33. Sung-Hoon Park & Jason F. Shogren, 2021. "A Virtuous Circle of Governance Contests with Externalities," Sustainability, MDPI, vol. 13(14), pages 1-12, July.
    34. Will Kielm, 2024. "A contest model of balancing," Journal of Economics, Springer, vol. 141(3), pages 195-221, April.
    35. Roman M. Sheremeta & Subhasish M. Chowdhury, 2014. "Strategically Equivalent Contests," Working Papers 14-06, Chapman University, Economic Science Institute.
    36. Leyla D. Karakas, 2018. "Appeasement and compromise under a referendum threat," Economics of Governance, Springer, vol. 19(3), pages 261-283, August.
    37. Joschka Gerigk & Ian A. MacKenzie & Markus Ohndorf, 2014. "A model of benchmarking regulation: revisiting the efficiency of environmental standards," Discussion Papers Series 519, School of Economics, University of Queensland, Australia.
    38. Martin Grossmann, 2011. "Evolutionarily Stable Strategies in Sports Contests," Working Papers 0044, University of Zurich, Center for Research in Sports Administration (CRSA).
    39. Neil J. Buckley & Stuart Mestelman & R. Andrew Muller & Stephan Schott & Jingjing Zhang, 2013. "Communication and Output Sharing in Common Pool Resource Environments," Department of Economics Working Papers 2013-06, McMaster University.
    40. Shumei Hirai, 2012. "Existence and Uniqueness of Pure Nash Equilibrium in Asymmetric Contests with Endogenous Prizes," Economics Bulletin, AccessEcon, vol. 32(4), pages 2744-2751.
    41. Kahana, Nava & Nitzan, Shmuel, 1999. "Uncertain preassigned non-contestable and contestable rents," European Economic Review, Elsevier, vol. 43(9), pages 1705-1721, October.
    42. Sung-Hoon Park, 2019. "The gap between equilibrium expected payoffs in contests with linear externalities," Economics Bulletin, AccessEcon, vol. 39(4), pages 2302-2307.
    43. Yildirim, Huseyin, 2005. "Contests with multiple rounds," Games and Economic Behavior, Elsevier, vol. 51(1), pages 213-227, April.
    44. Serhat Doğan & Kerim Keskin & Çağrı Sağlam, 2020. "Contests over joint production on networks," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(2), pages 377-400, April.
    45. Bing Xu & Maxwell Pak, 2021. "Child-raising cost and fertility from a contest perspective," Public Choice, Springer, vol. 186(1), pages 9-28, January.
    46. Petros G. Sekeris & Kevin Siqueira, 2021. "Payoff-Improving Competition: Games with Negative Externalities," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 58(3), pages 455-474, May.
    47. Lotem Ikan & David Lagziel, 2023. "The Indoctrination Game," Papers 2305.02604, arXiv.org.
    48. Alice Guerra & Barbara Luppi & Francesco Parisi, 2019. "Productive and unproductive competition: a unified framework," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 36(3), pages 785-804, October.
    49. Chung, A., 2024. "Target Setting in Contests with Sabotage," Cambridge Working Papers in Economics 2409, Faculty of Economics, University of Cambridge.
    50. Alex Dickson & Ian MacKenzie & Petros G Sekeris, 2020. "Rent dissipation in share contests," Working Papers 2014, University of Strathclyde Business School, Department of Economics.
    51. Klaus Heine & Maximilian Kerk, 2017. "Conflict resolution in meta-organizations: the peculiar role of arbitration," Journal of Organization Design, Springer;Organizational Design Community, vol. 6(1), pages 1-20, December.
    52. Baye, Michael R. & Hoppe, Heidrun C., 2003. "The strategic equivalence of rent-seeking, innovation, and patent-race games," Games and Economic Behavior, Elsevier, vol. 44(2), pages 217-226, August.
    53. Damian S. Damianov & Shane Sanders & Anil Yildizparlak, 2018. "Asymmetric endogenous prize contests," Theory and Decision, Springer, vol. 85(3), pages 435-453, October.
    54. Christian Ewerhart & Federico Quartieri, 2020. "Unique equilibrium in contests with incomplete information," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(1), pages 243-271, July.
    55. Shane Sanders & Bhavneet Walia, 2014. "Endogenous Destruction in a Model of Armed Conflict: Implications for Conflict Intensity, Welfare, and Third-Party Intervention," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 16(4), pages 606-619, August.
    56. Duc De NGO & Mahito OKURA, 2008. "Coopetition in a Mixed Duopoly Market," EcoMod2008 23800095, EcoMod.
    57. Robert Ridlon, 2016. "Does Manufacturer Advertising Crowd‐in or Crowd‐out Retailer Advertising? An Application of an Endogenous Prize Contest with Asymmetric Players," Southern Economic Journal, John Wiley & Sons, vol. 83(2), pages 364-379, October.
    58. Lee, Sanghack & Hyeong Kang, J., 1998. "Collective contests with externalities," European Journal of Political Economy, Elsevier, vol. 14(4), pages 727-738, November.
    59. Andrei, Daniel & Carlin, Bruce I., 2023. "Schumpeterian competition in a Lucas economy," Journal of Economic Theory, Elsevier, vol. 208(C).
    60. Keskin, Kerim, 2018. "Cumulative prospect theory preferences in rent-seeking contests," Mathematical Social Sciences, Elsevier, vol. 96(C), pages 85-91.
    61. Akio Matsumoto & Ferenc Szidarovszky, 2022. "Stability of dynamic asymmetric contests with endogenous prizes," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 17(1), pages 29-40, January.
    62. Andreas Hefti, 2016. "Distributional comparative statics with heterogeneous agents," ECON - Working Papers 237, Department of Economics - University of Zurich.
    63. Ian A. MacKenzie, 2009. "Controlling externalities in the presence of rent seeking," CER-ETH Economics working paper series 09/111, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    64. Andreas Hefti & Julian Teichgräber, 2021. "Inequality in models with a competition for market shares," ECON - Working Papers 375, Department of Economics - University of Zurich.
    65. Miceli, Thomas J., 2024. "Patent races and pennant races: A new rationale for revenue sharing in sports leagues," Economics Letters, Elsevier, vol. 234(C).
    66. Helmut Dietl & Egon Franck & Martin Grossmann & Markus Lang, 2009. "Contest Theory and its Applications in Sports," Working Papers 0913, International Association of Sports Economists;North American Association of Sports Economists, revised Mar 2011.
    67. Konrad, Kai A., 2007. "Strategy in contests: an introduction [Strategie in Turnieren – eine Einführung]," Discussion Papers, Research Unit: Market Processes and Governance SP II 2007-01, WZB Berlin Social Science Center.
    68. Shaffer, Sherrill, 2006. "War, labor tournaments, and contest payoffs," Economics Letters, Elsevier, vol. 92(2), pages 250-255, August.
    69. Sherrill Shaffer, 2006. "Contests with interdependent preferences," Applied Economics Letters, Taylor & Francis Journals, vol. 13(13), pages 877-880.
    70. Gil Epstein & Igal Milchtaich & Shmuel Nitzan & Mordechai Schwarz, 2007. "Ambiguous political power and contest efforts," Public Choice, Springer, vol. 132(1), pages 113-123, July.
    71. Neil J. Buckley & Stuart Mestelman & R. Andrew Muller & Stephan Schott & Jingjing Zhang, 2018. "The Effects of Communication on the Partnership Solution to the Commons," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 70(2), pages 363-380, June.
    72. Alex Dickson & Ian A. MacKenzie & Petros G. Sekeris, 2022. "Rent Dissipation in Simple Tullock Contests," Games, MDPI, vol. 13(6), pages 1-11, December.
    73. XiaoGang Che & Brad Humphreys, 2014. "Contests with a Prize Externality and Stochastic Entry," Working Papers 14-19, Department of Economics, West Virginia University.
    74. Alex Dickson, 2017. "Multiple-aggregate games," Working Papers 1701, University of Strathclyde Business School, Department of Economics.
    75. Rapoport, Amnon & Amaldoss, Wilfred, 2004. "Mixed-strategy play in single-stage first-price all-pay auctions with symmetric players," Journal of Economic Behavior & Organization, Elsevier, vol. 54(4), pages 585-607, August.
    76. Nigar Hashimzade, 2023. "Tax Uncertainty and Welfare-Improving Tax Disputes," CESifo Working Paper Series 10392, CESifo.
    77. Guillaume Cheikbossian, 2021. "The evolutionary stability of in-group altruism in productive and destructive group contests," Post-Print hal-03233980, HAL.
    78. Walter Ferrarese, 2018. "Equilibrium Effort in Games with Homogeneous Production Functions and Homogeneous Valuation," CEIS Research Paper 432, Tor Vergata University, CEIS, revised 12 Nov 2021.
    79. Alex Gershkov & Jianpei Li & Paul Schweinzer, 2009. "Efficient tournaments within teams," RAND Journal of Economics, RAND Corporation, vol. 40(1), pages 103-119, March.
    80. Walter Ferrarese, 2022. "Equilibrium effort in games with homogeneous production functions and homogeneous valuation," International Journal of Economic Theory, The International Society for Economic Theory, vol. 18(2), pages 195-212, June.
    81. Alex Dickson & Ian A. MacKenzie & Petros G. Sekeris, 2016. "Sharing contests with general preferences," Discussion Papers Series 573, School of Economics, University of Queensland, Australia.
    82. Knyazev, Dmitriy, 2013. "Optimal elimination contest," Bonn Econ Discussion Papers 09/2013, University of Bonn, Bonn Graduate School of Economics (BGSE).
    83. Christian Ewerhart, 2015. "Contest success functions: the common-pool perspective," ECON - Working Papers 195, Department of Economics - University of Zurich.
    84. de Roos, Nicolas & Matros, Alexander & Smirnov, Vladimir & Valencia, Zehra, 2022. "Choosing the Prize in Contests," Working Papers 2022-04, University of Sydney, School of Economics.

  4. Tai-Yeong Chung, 1994. "Settlement of Litigation Under Rule 68: An Economic Analysis," University of Western Ontario, Departmental Research Report Series 9422, University of Western Ontario, Department of Economics.

    Cited by:

    1. Brian G Main & Andrew Park, 1999. "The impact of defendant offers into court on negotiation in the shadow of the law: experimental evidence," Edinburgh School of Economics Discussion Paper Series 29, Edinburgh School of Economics, University of Edinburgh.
    2. Bebchuk, Lucian Arye & Chang, Howard F, 1999. "The Effect of Offer-of-Settlement Rules on the Terms of Settlement," The Journal of Legal Studies, University of Chicago Press, vol. 28(2), pages 489-513, June.
    3. Bruno Deffains, 1997. "L'analyse économique de la résolution des conflits juridiques," Revue Française d'Économie, Programme National Persée, vol. 12(3), pages 57-99.
    4. Main, Brian G. M. & Park, Andrew, 2002. "The impact of defendant offers into court on negotiation in the shadow of the law: experimental evidence," International Review of Law and Economics, Elsevier, vol. 22(2), pages 177-192, August.
    5. Schwab, Christian & Tang, Hin-Yue Benny, 2011. "Die Steuerungswirkungen unterschiedlicher Prozesskostenregelungen: Ein Überblick zum Stand von Theorie und Empirie [The economic effects of alternative fee shifting rules: A review of the theoretic," MPRA Paper 32746, University Library of Munich, Germany.
    6. Brian G Main & Andrew Park, 1998. "An experiment with two-way offers into court: restoring the balance in pre-trial negotiation," Edinburgh School of Economics Discussion Paper Series 28, Edinburgh School of Economics, University of Edinburgh.
    7. Dari-Mattiacci, Giuseppe & Saraceno, Margherita, 2020. "Fee shifting and accuracy in adjudication," International Review of Law and Economics, Elsevier, vol. 63(C).

  5. Chung, T.-Y., 1994. "Commitment Through Specific Investment in Contractual Relationships," University of Western Ontario, Departmental Research Report Series 9420, University of Western Ontario, Department of Economics.

    Cited by:

    1. Vincenzo Scoppa, 2003. "The Role of Turnover Costs in the Enforcement of Performance–Related Pay Contracts," Metroeconomica, Wiley Blackwell, vol. 54(1), pages 60-78, February.

  6. Chung, T.Y., 1992. "Efficiency of Comparative Negligence: A Game Theoretic Analysis," University of Western Ontario, Departmental Research Report Series 9215, University of Western Ontario, Department of Economics.

    Cited by:

    1. Ram Singh, 2005. "Comparative Causation -- A Re-examination," Working papers 139, Centre for Development Economics, Delhi School of Economics.
    2. Ram Singh & Francesco Parisi, 2010. "The Efficiency Of Comparative Causation," Working Papers id:2681, eSocialSciences.
    3. Pablo Salvador-Coderch & Nuno Garoupa & Carlos Gómez-Ligüerre, 2009. "Scope of liability: the vanishing distinction between negligence and strict liability," European Journal of Law and Economics, Springer, vol. 28(3), pages 257-287, December.
    4. Ram Singh, 2006. "On the Existence and Efficiency of Equilibria Under Liability Rules," NBER Working Papers 12625, National Bureau of Economic Research, Inc.
    5. Giuseppe Dari-Mattiacci & Gerrit De Geest, 2005. "The Filtering Effect of Sharing Rules," The Journal of Legal Studies, University of Chicago Press, vol. 34(1), pages 207-237, January.
    6. Dari-Mattiacci Giuseppe & Hendriks Eva S., 2013. "Relative Fault and Efficient Negligence: Comparative Negligence Explained," Review of Law & Economics, De Gruyter, vol. 9(1), pages 1-40, June.
    7. Nuno Garoupa, 2009. "Least-Cost Avoidance: The Tragedy of Common Safety," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 25(1), pages 235-261, May.
    8. Jeonghyun Kim, 2013. "Revisiting the Learned Hand Formula and Economic Analysis of Negligence," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 169(3), pages 407-432, September.
    9. FRANCESCO PARISI & Ram Singh, 2009. "Efficiency Of Equilibria Under Comparative Causation," Working papers 179, Centre for Development Economics, Delhi School of Economics.
    10. D’Antoni, Massimo & Tabbach, Avraham D., 2014. "Inadequate compensation and multiple equilibria," International Review of Law and Economics, Elsevier, vol. 38(C), pages 33-47.
    11. Jain Satish K. & Kundu Rajendra P., 2015. "Decomposition of Accident Loss and Efficiency of Liability Rules," Review of Law & Economics, De Gruyter, vol. 11(3), pages 453-480, November.
    12. Singh, Ram, 2007. "‘Causation-consistent’ liability, economic efficiency and the law of torts," International Review of Law and Economics, Elsevier, vol. 27(2), pages 179-203.
    13. Ogden, Benjamin G. & Hylton, Keith N., 2020. "Incentives to take care under contributory and comparative fault: The role of strategic complementarity," International Review of Law and Economics, Elsevier, vol. 61(C).

  7. Chung, T.Y., 1991. "On the Social Optimality of Liquidated Damage Clauses: An Economic Analysis," University of Western Ontario, Departmental Research Report Series 9102, University of Western Ontario, Department of Economics.

    Cited by:

    1. Ottorino Chillemi & Claudio Mezzetti, 2014. "Optimal procurement mechanisms: bidding on price and damages for breach," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 55(2), pages 335-355, February.
    2. Kaplow, Louis & Shapiro, Carl, 2007. "Antitrust," Competition Policy Center, Working Paper Series qt9pt7p9bm, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
    3. Comino, Stefano & Nicolò, Antonio & Tedeschi, Piero, 2010. "Termination clauses in partnerships," European Economic Review, Elsevier, vol. 54(5), pages 718-732, July.
    4. Eberhard Feess & Michael Gerfin & Gerd Muehlheusser, 2010. "Contracts as Rent-Seeking Devices: Evidence from German Soccer," Diskussionsschriften dp1015, Universitaet Bern, Departement Volkswirtschaft.
    5. Jihong Lee, 2005. "Incomplete Information, Renegotiation, and Breach of Contract," Economics Bulletin, AccessEcon, vol. 3(5), pages 1-7.
    6. Liu, Zhiyong & Avraham, Ronen, 2012. "Ex ante versus ex post expectation damages," International Review of Law and Economics, Elsevier, vol. 32(4), pages 339-355.
    7. Hori, Kazumi, 2008. "The role of private benefits in information acquisition," Journal of Economic Behavior & Organization, Elsevier, vol. 68(3-4), pages 626-631, December.
    8. Aaron S. Edlin & Stefan Reichelstein, 1995. "Holdups, Standard Breach Remedies, and Optimal Investment," NBER Working Papers 5007, National Bureau of Economic Research, Inc.
    9. Philip Bond & Andrew F. Newman, 2006. "Prohibitions on Punishments in Private Contracts," Boston University - Department of Economics - Working Papers Series WP2006-060, Boston University - Department of Economics.
    10. Fumagalli, Chiara & Motta, Massimo & Ronde, Thomas, 2009. "Exclusive Dealing: The Interaction between Foreclosure and Investment Promotion," Institutions and Markets Papers 56213, Fondazione Eni Enrico Mattei (FEEM).
    11. Hatzis, Aristides N., 2002. "Having the cake and eating it too: efficient penalty clauses in Common and Civil contract law," International Review of Law and Economics, Elsevier, vol. 22(4), pages 381-406, December.
    12. Yuxun Zhou & Mohammad Mafizur Rahman & Rasheda Khanam & Brad R. Taylor, 2023. "Alternative Method to Resolve the Principal–Principal Conflict—A New Perspective Based on Contract Theory and Negotiation," Mathematics, MDPI, vol. 11(2), pages 1-30, January.
    13. Jorge Montesinos & Eduardo Saavedra, 2012. "Algunos Alcances en torno a la Institucionalidad y Renegociación de Concesiones en la Infraestructura de Transporte de Uso Público en Perú," ILADES-UAH Working Papers inv277, Universidad Alberto Hurtado/School of Economics and Business.
    14. Hori, Kazumi & 堀, 一三, 2006. "The Bright Side of Private Benefits," Discussion Papers 2006-01, Graduate School of Economics, Hitotsubashi University.
    15. Ian A. MacKenzie & Markus Ohndorf, 2012. "Restricted Coasean Bargaining," CER-ETH Economics working paper series 12/156, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    16. Edwin Leuven & Hessel Oosterbeek & Randolph Sloof & Chris van Klaveren, 2002. "Worker Reciprocity and Employer Investment in Training," Tinbergen Institute Discussion Papers 02-090/3, Tinbergen Institute.
    17. Michele Moretto & Gianpaolo Rossini, 1996. "Profit sharing regulation and repeated bargaining with a shut-down option," Review of Economic Design, Springer;Society for Economic Design, vol. 2(1), pages 339-368, December.
    18. Philip Bond, 2008. "Persistent Court Corruption," Economic Journal, Royal Economic Society, vol. 118(531), pages 1333-1353, August.
    19. Ronen Avraham & Zhiyong Liu, 2006. "Incomplete Contracts with Asymmetric Information: Exclusive Versus Optional Remedies," American Law and Economics Review, American Law and Economics Association, vol. 8(3), pages 523-561.
    20. Fan Zhang, 2008. "Dynamic Contract Breach," EAG Discussions Papers 200803, Department of Justice, Antitrust Division.
    21. J. Luis Guasch, 2004. "Granting and Renegotiating Infrastructure Concessions : Doing it Right," World Bank Publications - Books, The World Bank Group, number 15024.
    22. Seshimo, Hiroyuki, 2003. "Optimal tenant protection," Regional Science and Urban Economics, Elsevier, vol. 33(1), pages 59-92, January.
    23. Burguet, Roberto & Caminal, Ramon & Matutes, Carmen, 1999. "Golden Cages for Showy Birds: Optimal Switching Costs in Labour Markets," CEPR Discussion Papers 2070, C.E.P.R. Discussion Papers.
    24. Muehlheusser, Gerd, 2006. "Regulating Damage Clauses in (Labor) Contracts," IZA Discussion Papers 2367, Institute of Labor Economics (IZA).
    25. David Meza & Mariano Selvaggi, 2007. "Exclusive contracts foster relationship-specific investment," RAND Journal of Economics, RAND Corporation, vol. 38(1), pages 85-97, March.

Articles

  1. Yeon-Koo Che & Tai-Yeong Chung, 1999. "Contract Damages and Cooperative Investments," RAND Journal of Economics, The RAND Corporation, vol. 30(1), pages 84-105, Spring.

    Cited by:

    1. José De Sousa & Xavier Fairise, 2009. "Do we need handshakes to cooperate in buyer-supplier relationships?," Documents de recherche 09-15, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
    2. Nicola Meccheri, 2009. "Large Breach Penalties and Managers´ Incentives to Invest Inside or Outside Firms," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 165(4), pages 598-621, December.
    3. Comino, Stefano & Nicolò, Antonio & Tedeschi, Piero, 2010. "Termination clauses in partnerships," European Economic Review, Elsevier, vol. 54(5), pages 718-732, July.
    4. 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.
    5. Bester, Helmut & Krähmer, Daniel, 2012. "Exit options in incomplete contracts with asymmetric information," Journal of Economic Theory, Elsevier, vol. 147(5), pages 1947-1968.
    6. Du, Li & Hu, Qiying & Liu, Liming, 2006. "A profit sharing scheme for a two-firm joint venture," European Journal of Operational Research, Elsevier, vol. 170(1), pages 277-292, April.
    7. Vercammen James, 2002. "Cooperative Investment and the Value of Contracting with Transaction Costs," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 1(1), pages 1-14, September.
    8. Kvaløy, Ola & Olsen, Trond E., 2004. "Endogenous Verifiability in Relational Contracting," Discussion Papers 2004/20, Norwegian School of Economics, Department of Business and Management Science.
    9. Roider, Andreas, 2003. "Delegation of Authority as an Optimal (In)complete Contract," Bonn Econ Discussion Papers 8/2003, University of Bonn, Bonn Graduate School of Economics (BGSE).
    10. Allain, Marie-Laure & Rey, Patrick & Chambolle, Claire, 2014. "Vertical Integration as a Source of Hold-up," IDEI Working Papers 836, Institut d'Économie Industrielle (IDEI), Toulouse.
    11. Schwartz, Alan & Watson, Joel, 2000. "Economic and Legal Aspects of Costly Recontracting," University of California at San Diego, Economics Working Paper Series qt4jr3g3h7, Department of Economics, UC San Diego.
    12. Hege, U. & Viala, P., 1997. "Contentious Contracts," Other publications TiSEM 6f3c7c98-ae1f-4113-a230-1, Tilburg University, School of Economics and Management.
    13. Alessandro De Chiara, 2018. "Courts' Decisions, Cooperative Investments, and Incomplete Contracts," CEU Working Papers 2018_5, Department of Economics, Central European University.
    14. Xinyu Hua, 2007. "Strategic ex ante contracts: rent extraction and opportunity costs," RAND Journal of Economics, RAND Corporation, vol. 38(3), pages 786-803, September.
    15. Hideshi Itoh & Hodaka Morita, 2015. "Formal Contracts, Relational Contracts, and the Threat-Point Effect," American Economic Journal: Microeconomics, American Economic Association, vol. 7(3), pages 318-346, August.
    16. Guillem Roig, 2022. "The value of investment in nonexclusive contracts," Economic Inquiry, Western Economic Association International, vol. 60(3), pages 1018-1037, July.
    17. Bester, Helmut & Krähmer, Daniel, 2013. "Exit Options and the Allocation of Authority," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 401, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    18. Alan Schwartz & Joel Watson, 2000. "Economic and Legal Aspects of Costly Recontracting," Yale School of Management Working Papers ysm143, Yale School of Management, revised 01 Jan 2001.
    19. M'Hand Fares & Stéphane Saussier, 2002. "Coûts de transaction et contrats incomplets," Post-Print hal-02494058, HAL.
    20. Kranz, Sebastian, 2013. "Relational Contracting, Repeated Negotiations, and Hold-Up," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 80047, Verein für Socialpolitik / German Economic Association.
    21. Schweizer, Urs, 2004. "Cooperative Investments Induced by Contract Law," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 10, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    22. Hatzis, Aristides N., 2002. "Having the cake and eating it too: efficient penalty clauses in Common and Civil contract law," International Review of Law and Economics, Elsevier, vol. 22(4), pages 381-406, December.
    23. Matthew J. Baker & Joyce P. Jacobsen, 2005. "A Human Capital-Based Theory of Post Marital Residence Rules," Wesleyan Economics Working Papers 2005-006, Wesleyan University, Department of Economics.
    24. Robert Cooter & Ariel Porat, 2004. "Decreasing-Liability Contracts," The Journal of Legal Studies, University of Chicago Press, vol. 33(1), pages 157-197, January.
    25. Göller, Daniel & Stremitzer, Alexander, 2009. "Breach Remedies Including Hybrid Investments," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 282, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    26. Susanne Ohlendorf, 2009. "Expectation Damages, Divisible Contracts, and Bilateral Investment," American Economic Review, American Economic Association, vol. 99(4), pages 1608-1618, September.
    27. De Chiara, Alessandro, 2020. "Precontractual investment and modes of procurement," European Economic Review, Elsevier, vol. 124(C).
    28. Sloof, Randolph & Oosterbeek, Hessel & Riedl, Arno & Sonnemans, Joep, 2006. "Breach remedies, reliance and renegotiation," International Review of Law and Economics, Elsevier, vol. 26(3), pages 263-296, September.
    29. Bebchuk, Lucian Arye & Png, I. P. L., 1999. "Damage measures for inadvertant breach of contract," International Review of Law and Economics, Elsevier, vol. 19(3), pages 319-331, September.
    30. Alexander Stremitzer, 2012. "Standard Breach Remedies, Quality Thresholds, and Cooperative Investments," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 28(2), pages 337-359.
    31. Tai-Yeong Chung & Alan Chan, 2004. "Contract Damages and Investment Dynamics," Econometric Society 2004 Far Eastern Meetings 683, Econometric Society.
    32. Grant, Simon & Kline, Jeff & Quiggin, John, 2011. "A Matter of Interpretation: Ambiguous Contracts and Liquidated Damages," Risk and Sustainable Management Group Working Papers 151198, University of Queensland, School of Economics.
    33. Guo, Di & Hua, Xinyu & Jiang, Kun, 2017. "Agency and strategic contracts: Theory and evidence from R&D agreements in the pharmaceutical industry," International Journal of Industrial Organization, Elsevier, vol. 54(C), pages 37-64.
    34. Friedrich L. Sell & Marcus Wiens, 2006. "Vertrauen: Substitut oder Komplement zu formellen Institutionen?," Schmollers Jahrbuch : Journal of Applied Social Science Studies / Zeitschrift für Wirtschafts- und Sozialwissenschaften, Duncker & Humblot, Berlin, vol. 126(4), pages 605-633.
    35. Goller, Daniel & Stremitzer, Alexander, 2009. "Breach Remedies Inducing Hybrid Investments," Working Papers 72, Yale University, Department of Economics.
    36. Richard R.W. Brooks & Alexander Stremitzer, 2012. "On and Off Contract Remedies Inducing Cooperative Investments," American Law and Economics Review, American Law and Economics Association, vol. 14(2), pages 488-516.
    37. Grant, Simon & Kline, Jeff & Quiggin, John, 2011. "Ambiguous contracts: a syntactic approach," Risk and Sustainable Management Group Working Papers 153052, University of Queensland, School of Economics.
    38. Yongmin Chen & David E. M. Sappington, 2011. "Exclusive Contracts, Innovation, and Welfare," American Economic Journal: Microeconomics, American Economic Association, vol. 3(2), pages 194-220, May.
    39. Ronen Avraham & Zhiyong Liu, 2006. "Incomplete Contracts with Asymmetric Information: Exclusive Versus Optional Remedies," American Law and Economics Review, American Law and Economics Association, vol. 8(3), pages 523-561.
    40. Fan Zhang, 2008. "Dynamic Contract Breach," EAG Discussions Papers 200803, Department of Justice, Antitrust Division.
    41. Schweizer, Urs, 2013. "Acquisition and Disclosure of Information as a Hold-up Problem," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 428, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    42. Erol Akçay & Adam Meirowitz & Kristopher W. Ramsay, 2018. "Two-sided unobservable investment, bargaining, and efficiency," Review of Economic Design, Springer;Society for Economic Design, vol. 22(3), pages 123-147, December.
    43. Roig, Guillem, 2014. "What Determines Market Structure? An Explanation from Cooperative Investment with Non‐Exclusive Co," TSE Working Papers 14-482, Toulouse School of Economics (TSE).
    44. 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.
    45. Brooks, Richard & Stremitzer, Alexander, 2009. "On and Off Contract Remedies," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 290, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    46. Amihai Glazer & Stef Proost, 2008. "Signaling Commitment by Excessive Spending," Working Papers 070811, University of California-Irvine, Department of Economics.
    47. Schmidt, Klaus, 2017. "The 2016 Nobel Memorial Prize in Contract Theory," Rationality and Competition Discussion Paper Series 19, CRC TRR 190 Rationality and Competition.
    48. Matthew J. Baker, 2004. "Human Capital and Hold-ups in Indigenous Society: The Role of Customs and the Market," Departmental Working Papers 7, United States Naval Academy Department of Economics.
    49. Calcott Paul & Petkov Vladimir P, 2010. "Contracting for Dynamic Efficiency," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 10(1), pages 1-22, August.
    50. Hua, Xinyu, 2012. "The right of first offer," International Journal of Industrial Organization, Elsevier, vol. 30(4), pages 389-397.
    51. Burguet, Roberto & Caminal, Ramon & Matutes, Carmen, 1999. "Golden Cages for Showy Birds: Optimal Switching Costs in Labour Markets," CEPR Discussion Papers 2070, C.E.P.R. Discussion Papers.
    52. Charles North, 2001. "Remedies for misrepresentation in applications in the presence of fraudulent intent," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 29(2), pages 162-176, June.
    53. Steven Shavell, 2003. "Economic Analysis of Contract Law," NBER Working Papers 9696, National Bureau of Economic Research, Inc.
    54. Casadesus-Masanell, Ramon & Spulber, Daniel F, 2000. "The Fable of Fisher Body," Journal of Law and Economics, University of Chicago Press, vol. 43(1), pages 67-104, April.
    55. Iida, Tetsuo, 2012. "Coordination of cooperative cost-reduction efforts in a supply chain partnership," European Journal of Operational Research, Elsevier, vol. 222(2), pages 180-190.

  2. Tai-Yeong Chung, 1998. "Commitment Through Specific Investment in Contractual Relationships," Canadian Journal of Economics, Canadian Economics Association, vol. 31(5), pages 1057-1075, November. See citations under working paper version above.
  3. Chung, Tai-Yeong, 1996. "Settlement of Litigation under Rule 68: An Economic Analysis," The Journal of Legal Studies, University of Chicago Press, vol. 25(1), pages 261-286, January.
    See citations under working paper version above.
  4. Chung, Tai-Yeong, 1996. "Rent-Seeking Contest When the Prize Increases with Aggregate Efforts," Public Choice, Springer, vol. 87(1-2), pages 55-66, April.
    See citations under working paper version above.
  5. Chung, Tai-Yeong, 1995. "On Strategic Commitment: Contracting versus Investment," American Economic Review, American Economic Association, vol. 85(2), pages 437-441, May.

    Cited by:

    1. Mehlum, Halvor & Ove Moene, Karl, 2011. "Aggressive elites and vulnerable entrepreneurs - trust and cooperation in the shadow of conflict," Memorandum 16/2010, Oslo University, Department of Economics.
    2. Luca Anderlini & Leonardo Felli & Giovanni Immordino & Alessandro Riboni, 2010. "Legal Institutions, Innovation and Growth," CSEF Working Papers 256, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    3. Jie-A-Joen, C. & Belderbos, R.A. & Sleuwaegen, L., 1998. "Local content requirements, vertical cooperation, and foreign direct investment," Research Memorandum 001, Maastricht University, Netherlands Institute of Business Organization and Strategy Research (NIBOR).
    4. Jorge Montesinos & Eduardo Saavedra, 2012. "Algunos Alcances en torno a la Institucionalidad y Renegociación de Concesiones en la Infraestructura de Transporte de Uso Público en Perú," ILADES-UAH Working Papers inv277, Universidad Alberto Hurtado/School of Economics and Business.
    5. Michele Moretto & Gianpaolo Rossini, 1996. "Profit sharing regulation and repeated bargaining with a shut-down option," Review of Economic Design, Springer;Society for Economic Design, vol. 2(1), pages 339-368, December.
    6. Vincenzo Scoppa, 2003. "The Role of Turnover Costs in the Enforcement of Performance–Related Pay Contracts," Metroeconomica, Wiley Blackwell, vol. 54(1), pages 60-78, February.

  6. Chung, Tai-Yeong, 1993. "Efficiency of Comparative Negligence: A Game Theoretic Analysis," The Journal of Legal Studies, University of Chicago Press, vol. 22(2), pages 395-404, June.
    See citations under working paper version above.
  7. Chung, Tai-Yeong, 1992. "Efficient investment through renegotiation of simple contracts," Economics Letters, Elsevier, vol. 40(3), pages 281-285, November.

    Cited by:

    1. Camille Chaserant, 2007. "Les fondements incomplets de l’incomplétude. Une revue critique de la théorie des contrats incomplets," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01297143, HAL.

  8. Chung, Tai-Yeong, 1992. "On the Social Optimality of Liquidated Damage Clauses: An Economic Analysis," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 8(2), pages 280-305, April. See citations under working paper version above.
  9. Tai-Yeong Chung, 1991. "Incomplete Contracts, Specific Investments, and Risk Sharing," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(5), pages 1031-1042.

    Cited by:

    1. José De Sousa & Xavier Fairise, 2009. "Do we need handshakes to cooperate in buyer-supplier relationships?," Documents de recherche 09-15, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
    2. Buzard, Kristy & Watson, Joel, 2010. "Contract, Renegotiation, and Hold Up: Results on the Technology of Trade and Investment," University of California at San Diego, Economics Working Paper Series qt3df3q4vg, Department of Economics, UC San Diego.
    3. Rosella Levaggi & Moretto Michele, 2008. "Investment In Hospital Care Technology Under Different Purchasing Rules: A Real Option Approach," Bulletin of Economic Research, Wiley Blackwell, vol. 60(2), pages 159-181, April.
    4. Zhu, Tian, 2000. "Holdups, simple contracts and information acquisition," Journal of Economic Behavior & Organization, Elsevier, vol. 42(4), pages 549-560, August.
    5. Tim Baldenius & Stefan Reichelstein, 1998. "Alternative Verfahren zur Bestimmung innerbetrieblicher Verrechnungspreise," Schmalenbach Journal of Business Research, Springer, vol. 50(3), pages 236-259, March.
    6. Chongwoo Choe, 2006. "Optimal CEO Compensation: Some Equivalence Results," Journal of Labor Economics, University of Chicago Press, vol. 24(1), pages 171-201, January.
    7. Rodriguez-Garcia, P. & Menéndez-Requejo, S., 2020. "Family Constitution to manage family firms' agency conflicts," MPRA Paper 120016, University Library of Munich, Germany.
    8. Stephanie Rosenkranz & Patrick W. Schmitz, 2007. "Can Coasean Bargaining Justify Pigouvian Taxation?," Economica, London School of Economics and Political Science, vol. 74(296), pages 573-585, November.
    9. 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.
    10. Bester, Helmut & Krähmer, Daniel, 2012. "Exit options in incomplete contracts with asymmetric information," Journal of Economic Theory, Elsevier, vol. 147(5), pages 1947-1968.
    11. Zoe Hitzig & Benjamin Niswonger, 2022. "Optimal Defaults, Limited Enforcement and the Regulation of Contracts," Papers 2203.01233, arXiv.org, revised May 2022.
    12. Sabine Böckem & Ulf Schiller, 2008. "Option Contracts in Supply Chains," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 17(1), pages 219-245, March.
    13. Watson, Joel & Buzard, Kristy, 2009. "Contract, Renegotiation, and Hold Up: General Results on the Technology of Trade and Investment," University of California at San Diego, Economics Working Paper Series qt3923q7kz, Department of Economics, UC San Diego.
    14. Chakravarty, Surajeet & MacLeod, W. Bentley, 2006. "Construction Contracts (or: "How to Get the Right Building at the Right Price?")," IZA Discussion Papers 2125, Institute of Labor Economics (IZA).
    15. Maria Goltsman, 2011. "Optimal information transmission in a holdup problem," RAND Journal of Economics, RAND Corporation, vol. 42(3), pages 495-526, September.
    16. Pennings, Enrico, 2017. "Real options with ex-post division of the surplus," Journal of Banking & Finance, Elsevier, vol. 81(C), pages 200-206.
    17. Daniel Göller, 2014. "Expectation Damages and Bilateral Cooperative Investments," American Law and Economics Review, American Law and Economics Association, vol. 16(2), pages 473-498.
    18. Schwartz, Alan & Watson, Joel, 2000. "Economic and Legal Aspects of Costly Recontracting," University of California at San Diego, Economics Working Paper Series qt4jr3g3h7, Department of Economics, UC San Diego.
    19. Klaus Schmidt, 1998. "Sequential Investments and Options to Own," CESifo Working Paper Series 160, CESifo.
    20. Sabine Böckem & Ulf Schiller, 2004. "Transfer Pricing and Hold‐Ups in Supply Chains," German Economic Review, Verein für Socialpolitik, vol. 5(2), pages 211-230, May.
    21. Schmitz, Patrick W, 2001. "The Hold-up Problem and Incomplete Contracts: A Survey of Recent Topics in Contract Theory," Bulletin of Economic Research, Wiley Blackwell, vol. 53(1), pages 1-17, January.
    22. José Sousa & Xavier Fairise, 2014. "On the value of partial commitment for cooperative investment in buyer–supplier relationship," Journal of Economics, Springer, vol. 111(2), pages 151-171, March.
    23. Makoto Hanazono, 2004. "Holdup with Subsidized Investment," KIER Working Papers 586, Kyoto University, Institute of Economic Research.
    24. Alessandro De Chiara, 2018. "Courts' Decisions, Cooperative Investments, and Incomplete Contracts," CEU Working Papers 2018_5, Department of Economics, Central European University.
    25. Robert Gibbons & John Roberts, 2012. "The Handbook of Organizational Economics," Economics Books, Princeton University Press, edition 1, volume 1, number 9889.
    26. Bard Harstad, 2009. "The Dynamics of Climate Agreements," Discussion Papers 1474, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    27. Xinyu Hua, 2007. "Strategic ex ante contracts: rent extraction and opportunity costs," RAND Journal of Economics, RAND Corporation, vol. 38(3), pages 786-803, September.
    28. Telalagic, S., 2012. "Domestic Production as a Source of Marital Power: Theory and Evidence from Malawi," Cambridge Working Papers in Economics 1243, Faculty of Economics, University of Cambridge.
    29. Matthews, Steven A, 1995. "Renegotiation of Sales Contracts," Econometrica, Econometric Society, vol. 63(3), pages 567-589, May.
    30. Troger, Thomas, 2002. "Double Auctions, Ex-Post Participation Constraints, and the Hold-Up Problem," University of California at Santa Barbara, Economics Working Paper Series qt5qv060md, Department of Economics, UC Santa Barbara.
    31. Noriaki Matsushima & Ryusuke Shinohara, 2011. "What factors determine the number of trading partners?," ISER Discussion Paper 0808, Institute of Social and Economic Research, Osaka University.
    32. Hoppe, Eva I. & Schmitz, Patrick W., 2011. "Can contracts solve the hold-up problem? Experimental evidence," Games and Economic Behavior, Elsevier, vol. 73(1), pages 186-199, September.
    33. Bengtsson, Niklas, 2011. "Regulation Failure and CO2-emissions: An Experimental Investigation of the Cape Town Taxi Market," Working Paper Series, Center for Labor Studies 2011:13, Uppsala University, Department of Economics, revised 12 Aug 2013.
    34. Bester, Helmut & Krähmer, Daniel, 2013. "Exit Options and the Allocation of Authority," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 401, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    35. Alan Schwartz & Joel Watson, 2000. "Economic and Legal Aspects of Costly Recontracting," Yale School of Management Working Papers ysm143, Yale School of Management, revised 01 Jan 2001.
    36. Aaron S. Edlin & Stefan Reichelstein, 1995. "Holdups, Standard Breach Remedies, and Optimal Investment," NBER Working Papers 5007, National Bureau of Economic Research, Inc.
    37. Chemla, Gilles, 2005. "Hold-up, stakeholders and takeover threats," Journal of Financial Intermediation, Elsevier, vol. 14(3), pages 376-397, July.
    38. Eduardo Saavedra, "undated". "Renegotiating Incomplete Contracts: Over and Under Investment of Concessioned Public Infrastructure," ILADES-UAH Working Papers inv106, Universidad Alberto Hurtado/School of Economics and Business.
    39. Christoph Lülfesmann, 2021. "Strategic Shirking in Bilateral Trade," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(4), pages 1292-1313, October.
    40. Elazar Berkovitch & Ronen Israel & Yossef Spiegel, 2000. "Managerial Compensation and Capital Structure," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 9(4), pages 549-584, December.
    41. Bester, Helmut, 2009. "Investments and the Holdup Problem in a Matching Market," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 263, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    42. Aaron S. Edlin & Benjamin E. Hermalin, 1997. "Contract Renegotiation in Agency Problems," NBER Working Papers 6086, National Bureau of Economic Research, Inc.
    43. Wipprich, Mark, 2007. "Preisbindung als Kooperationsinstrument in Wertschöpfungsnetzwerken," Arbeitspapiere 60, University of Münster, Institute for Cooperatives.
    44. Rebecca Stone & Alexander Stremitzer, 2020. "Promises, Reliance, and Psychological Lock-In," The Journal of Legal Studies, University of Chicago Press, vol. 49(1), pages 33-72.
    45. Kyoungwon Rhee, 2007. "The Value of Contracting with the Sequential Investments: The Role of Outside Values," Korean Economic Review, Korean Economic Association, vol. 23, pages 89-110.
    46. Eric Maskin & John Moore, 1998. "Implementation and Renegotiation - (Now published in Review of Economic Studies, vol.66 (1), 1999, pp.39-56.)," STICERD - Theoretical Economics Paper Series 366, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    47. Roig Guillem, 2020. "Competition with Nonexclusive Contracts: Tackling the Hold-Up Problem," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 20(2), pages 1-21, June.
    48. Matthew J. Baker & Joyce P. Jacobsen, 2005. "A Human Capital-Based Theory of Post Marital Residence Rules," Wesleyan Economics Working Papers 2005-006, Wesleyan University, Department of Economics.
    49. Schmitz, Patrick W., 2022. "How (Not) to Purchase Novel Goods and Services: Specific Performance Versus At-Will Contracts," CEPR Discussion Papers 17109, C.E.P.R. Discussion Papers.
    50. Steven Shavell, 2005. "Contracts, Holdup, and Legal Intervention," NBER Working Papers 11284, National Bureau of Economic Research, Inc.
    51. Luca Anderlini & Leonardo Felli, 1999. "Incomplete Contracts and Complexity Costs," Theory and Decision, Springer, vol. 46(1), pages 23-50, February.
    52. Vishal Agrawal & Nektarios Oraiopoulos, 2020. "The Role of Decision Rights in Codevelopment Initiatives," Manufacturing & Service Operations Management, INFORMS, vol. 22(4), pages 832-849, July.
    53. Göller, Daniel & Stremitzer, Alexander, 2009. "Breach Remedies Including Hybrid Investments," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 282, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    54. Camille Chaserant, 2007. "Les fondements incomplets de l’incomplétude. Une revue critique de la théorie des contrats incomplets," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01297143, HAL.
    55. Noriaki Matsushima, 2009. "Vertical Mergers And Product Differentiation," Journal of Industrial Economics, Wiley Blackwell, vol. 57(4), pages 812-834, December.
    56. David, Thomas & Troege, Michael & Nguyen, Hiep Manh & Nguyen, Hang Thu, 2024. "Relationship-specific investments for up- and downstream firms and credit constraints," Journal of Corporate Finance, Elsevier, vol. 84(C).
    57. Gleason Judd & Lawrence S. Rothenberg, 2020. "Flexibility or Stability? Analyzing Proposals to Reform the Separation of Powers," American Journal of Political Science, John Wiley & Sons, vol. 64(2), pages 309-324, April.
    58. Shingo Ishiguro, 2010. "Holdup, search, and inefficiency," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 44(2), pages 307-338, August.
    59. De Fraja, Gianni, 1999. "After You Sir. Hold-Up, Direct Externalities, and Sequential Investment," Games and Economic Behavior, Elsevier, vol. 26(1), pages 22-39, January.
    60. Luca Anderlini & Leonardo Felli, "undated". "Costly Coasian Contracts," Penn CARESS Working Papers c5b2efc4326ca8bb8162440d6, Penn Economics Department.
    61. Alexander Stremitzer, 2012. "Standard Breach Remedies, Quality Thresholds, and Cooperative Investments," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 28(2), pages 337-359.
    62. Grant, Simon & Kline, Jeff & Quiggin, John, 2011. "A Matter of Interpretation: Ambiguous Contracts and Liquidated Damages," Risk and Sustainable Management Group Working Papers 151198, University of Queensland, School of Economics.
    63. Ngo Van Long & Antoine Soubeyran & Raphael Soubeyran, 2012. "Knowledge Accumulation within an Organization," Working Papers 12-03, LAMETA, Universtiy of Montpellier, revised Jan 2012.
    64. Yoon, Dae-Hee, 2018. "Strategic delegation, stock options, and investment hold-up problems," Accounting, Organizations and Society, Elsevier, vol. 71(C), pages 1-14.
    65. Bos, Dieter & De Fraja, Gianni, 2002. "Quality and outside capacity in the provision of health services," Journal of Public Economics, Elsevier, vol. 84(2), pages 199-218, May.
    66. Guo, Di & Hua, Xinyu & Jiang, Kun, 2017. "Agency and strategic contracts: Theory and evidence from R&D agreements in the pharmaceutical industry," International Journal of Industrial Organization, Elsevier, vol. 54(C), pages 37-64.
    67. Chris Shugart, 1998. "Regulation-by-Contract and Municipal Services: The Problem of Contractual Incompleteness," Development Discussion Papers 1998-09, JDI Executive Programs.
    68. Che,Y.K. & Schwartz,A., 1998. "Section 365 : mandatory bankruptcy rules and inefficient continuation," Working papers 12, Wisconsin Madison - Social Systems.
    69. Mathias Dewatripont & Philippe Aghion & Patrick Rey, 2002. "On partial contracting," ULB Institutional Repository 2013/9627, ULB -- Universite Libre de Bruxelles.
    70. Goller, Daniel & Stremitzer, Alexander, 2009. "Breach Remedies Inducing Hybrid Investments," Working Papers 72, Yale University, Department of Economics.
    71. Susheng Wang & Tian (Tim) Zhu, 2000. "Bargaining, Revenue Sharing and Control Rights Allocation," Econometric Society World Congress 2000 Contributed Papers 0373, Econometric Society.
    72. Surajeet Chakravarty & W. Bentley MacLeod, 2009. "Contracting in the shadow of the law," RAND Journal of Economics, RAND Corporation, vol. 40(3), pages 533-557, September.
    73. Andreas Wagener, 2002. "Intergenerational Transfer Schemes as Incomplete Social Contracts," Constitutional Political Economy, Springer, vol. 13(4), pages 337-359, December.
    74. Schmitz, Patrick W., 2005. "Should Contractual Clauses that Forbid Renegotiation Always be Enforced?," Bonn Econ Discussion Papers 26/2005, University of Bonn, Bonn Graduate School of Economics (BGSE).
    75. Justin Zhang & Tian Zhu, 2000. "Verifiability, Incomplete Contracts and Dispute Resolution," European Journal of Law and Economics, Springer, vol. 9(3), pages 281-290, May.
    76. Daniel Cardona & Antoni Rubí-Barceló, 2013. "Investments in managerial skills and bargaining over inputs," DEA Working Papers 54, Universitat de les Illes Balears, Departament d'Economía Aplicada.
    77. Felipe Balmaceda, 2005. "Firm-Sponsored General Training," Journal of Labor Economics, University of Chicago Press, vol. 23(1), pages 115-134, January.
    78. José de Sousa & Xavier Fairise, 2013. "On the value of partial commitment for cooperative investment in buyer–supplier relationship," Post-Print hal-04329719, HAL.
    79. Roider, Andreas, 2002. "Asset Ownership and Contractability of Interaction," Bonn Econ Discussion Papers 12/2002, University of Bonn, Bonn Graduate School of Economics (BGSE).
    80. Bengtsson, Niklas, 2015. "Efficient informal trade: Theory and experimental evidence from the Cape Town taxi market," Journal of Development Economics, Elsevier, vol. 115(C), pages 85-98.
    81. Neeman, Zvika & Pavlov, Gregory, 2009. "Renegotiation-Proof Mechanism Design," Foerder Institute for Economic Research Working Papers 275726, Tel-Aviv University > Foerder Institute for Economic Research.
    82. Bac, Mehmet, 2001. "To invest or screen efficiently: a potential conflict in relationships governed by incomplete contracts," International Journal of Industrial Organization, Elsevier, vol. 19(3-4), pages 567-588, March.
    83. Watson, Joel & Wignall, Chris, 2009. "Hold-Up and Durable Trading Opportunities," University of California at San Diego, Economics Working Paper Series qt8p8284wg, Department of Economics, UC San Diego.
    84. Yi-Chun Chen & Richard Holden & Takashi Kunimoto & Yifei Sun & Tom Wilkening, 2023. "Getting Dynamic Implementation to Work," Journal of Political Economy, University of Chicago Press, vol. 131(2), pages 285-387.
    85. Luis Vasconcelos, 2006. "Contractual signalling, relationship-specific investment and exclusive agreements," Nova SBE Working Paper Series wp495, Universidade Nova de Lisboa, Nova School of Business and Economics.
    86. Steven Shavell, 2007. "Contractual Holdup and Legal Intervention," The Journal of Legal Studies, University of Chicago Press, vol. 36(2), pages 325-354, June.
    87. Svetlana V. Orekhova & Ivan A. Butakov, 2022. "Relation-specific investment: Theoretical axioms vs Evidence from Russia," Upravlenets, Ural State University of Economics, vol. 13(6), pages 30-43, January.
    88. 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.
    89. Mehrdad Vahabi, 1999. "From Walrasian General Equilibrium to Incomplete Contracts: Making Sense of Institutions," Post-Print halshs-03704424, HAL.
    90. Mehrdad Vahabi, 2001. "The Soft Budget Constraint: A Theoretical Clarification," Post-Print hal-00629160, HAL.
    91. Fares, M’hand, 2005. "Quels fondements à l’incomplétude des contrats?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 81(3), pages 535-555, Septembre.
    92. Arya, Anil & Löffler, Clemens & Mittendorf, Brian & Pfeiffer, Thomas, 2015. "The middleman as a panacea for supply chain coordination problems," European Journal of Operational Research, Elsevier, vol. 240(2), pages 393-400.
    93. Yeon-Koo Che & Jozsef Sakovics, 2006. "The Hold-up Problem," Edinburgh School of Economics Discussion Paper Series 142, Edinburgh School of Economics, University of Edinburgh.
    94. Plambeck, Erica L. & Taylor, Terry A., 2004. "Implications of Renegotiation for Optimal Contract Flexibility and Investment," Research Papers 1889, Stanford University, Graduate School of Business.
    95. Jeong-Yoo Kim & Kyoungwon Rhee, 2006. "Information Acquisition Activity and Damage Measures," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 162(4), pages 543-556, December.
    96. Cardona, Daniel & Rubí-Barceló, Antoni, 2014. "Investments and bargaining in a model with positive consumption externalities," Journal of Economic Behavior & Organization, Elsevier, vol. 108(C), pages 78-93.
    97. Robert Evans, 2008. "Simple Efficient Contracts in Complex Environments," Econometrica, Econometric Society, vol. 76(3), pages 459-491, May.
    98. Ewerhart, Christian & Schmitz, Patrick W., 2000. ""Yes men", integrity, and the optimal design of incentive contracts," Journal of Economic Behavior & Organization, Elsevier, vol. 43(1), pages 115-125, September.
    99. Hua, Xinyu, 2012. "The right of first offer," International Journal of Industrial Organization, Elsevier, vol. 30(4), pages 389-397.
    100. Schmitz, Patrick W., 2002. "Simple contracts, renegotiation under asymmetric information, and the hold-up problem," European Economic Review, Elsevier, vol. 46(1), pages 169-188, January.
    101. Steven Shavell, 2003. "Economic Analysis of Contract Law," NBER Working Papers 9696, National Bureau of Economic Research, Inc.
    102. Mhand Fares, 2005. "Direct externalities, specific performance and renegotiation design," Economics Bulletin, AccessEcon, vol. 3(28), pages 1-7.
    103. Yossef Spiegel, 1996. "The Role of Debt in Procurement Contracts," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 5(3), pages 379-407, September.
    104. Troger, Thomas, 2002. "Double Auctions, Ex-Post Participation Constraints, and the Hold-Up Problem," University of California at Santa Barbara, Economics Working Paper Series qt3f2509gz, Department of Economics, UC Santa Barbara.
    105. Juan J. Ganuza, 1998. "Competition and cost overruns. Optimal misspecification of procurement contracts," Economics Working Papers 471, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 2002.
    106. Maug, Ernst, 1997. "Boards of directors and capital structure: Alternative forms of corporate restructuring," Journal of Corporate Finance, Elsevier, vol. 3(2), pages 113-139, April.
    107. Che, Yeon-Koo, 2000. "Can a Contract Solve Hold-Up When Investments Have Externalities? A Comment on De Fraja (1999)," Games and Economic Behavior, Elsevier, vol. 33(2), pages 195-205, November.
    108. Mumcu, Ayşe, 1999. "Firm-Specific Skills, Wage Bargaining, and Efficiency," MPRA Paper 1913, University Library of Munich, Germany.
    109. Ilya Segal & Michael D.Whinston, 2012. "Property Rights [The Handbook of Organizational Economics]," Introductory Chapters,, Princeton University Press.
    110. Vasconcelos, Luís, 2017. "A signaling-based theory of contractual commitment to relationships," European Economic Review, Elsevier, vol. 93(C), pages 123-138.
    111. Pascale Crama & Bert De Reyck & Niyazi Taneri, 2017. "Licensing Contracts: Control Rights, Options, and Timing," Management Science, INFORMS, vol. 63(4), pages 1131-1149, April.
    112. Ayşe Mumcu, 2010. "Strategic Withholding Of Firm‐Specific Skills In Wage Bargaining," Scottish Journal of Political Economy, Scottish Economic Society, vol. 57(2), pages 187-211, May.
    113. Casadesus-Masanell, Ramon & Spulber, Daniel F, 2000. "The Fable of Fisher Body," Journal of Law and Economics, University of Chicago Press, vol. 43(1), pages 67-104, April.
    114. Mühlbacher Axel, 2007. "Die Ausgestaltung von Versorgungsverträgen: Eine vertragstheoretische Analyse / A Contract Theory Approach to Health Care Contracting," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 227(5-6), pages 765-786, October.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.