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Double-Sided Moral Hazard and the Nature of Share Contracts
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- Keiichi Hori & Hiroshi Osano, 2013.
"Managerial Incentives and the Role of Advisors in the Continuous-Time Agency Model,"
The Review of Financial Studies, Society for Financial Studies, vol. 26(10), pages 2620-2647.
- Hiroshi Osano & Keiichi Hori, 2013. "Managerial Incentives and the Role of Advisors in the Continuous-Time Agency Model," KIER Working Papers 863, Kyoto University, Institute of Economic Research.
- Canan Savaskan & Charles J. Corbett, 2001. "Contracting and Coordination in Closed-Loop Supply Chains," Discussion Papers 1327, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Francine Lafontaine & Joanne E. Oxley, 2004. "International Franchising Practices in Mexico: Do Franchisors Customize Their Contracts?," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 13(1), pages 95-123, March.
- Felipe Balmaceda, 2020. "Contracting with moral hazard, adverse selection and risk neutrality: when does one size fit all?," International Journal of Game Theory, Springer;Game Theory Society, vol. 49(2), pages 601-637, June.
- Morvarid Rahmani & Guillaume Roels & Uday S. Karmarkar, 2018. "Team Leadership and Performance: Combining the Roles of Direction and Contribution," Management Science, INFORMS, vol. 64(11), pages 5234-5249, November.
- Cain, Matthew D. & Denis, David J. & Denis, Diane K., 2011. "Earnouts: A study of financial contracting in acquisition agreements," Journal of Accounting and Economics, Elsevier, vol. 51(1-2), pages 151-170, February.
- Christian Espinosa & Juan Gorigoitía & Carlos Maquieira, 2012. "Nonlinear behaviour of EMBI index:the case of eastern European countries," Working Papers 37, Facultad de Economía y Empresa, Universidad Diego Portales.
- Francine Lafontaine & Emmanuel Raynaud, 2002. "The Role of Residual Claims and Self-Enforcement in Franchise Contracting," NBER Working Papers 8868, National Bureau of Economic Research, Inc.
- Yunjuan Liang & Xin Liang & Hua Wei, 2023. "Sustainable Quality-Incentive Contract Design of Public Technology Innovation Procurement under Asymmetry Information," Sustainability, MDPI, vol. 15(11), pages 1-22, May.
- Cintya Lanchimba, 2013.
"Optimal Monetary Provisions in Plural Form Franchise Systems; A Theoretical Model of Incentives with Two Risk-Averse Agents,"
Working Papers
halshs-00830899, HAL.
- Cintya Lanchimba, 2013. "Optimal Monetary Provisions in Plural Form Franchise Systems ; A Theoretical Model of Incentives with Two Risk-Averse Agents," Working Papers 1321, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Matthew Ellman, 2006.
"Specificity Revisited: The Role of Cross-Investments,"
The Journal of Law, Economics, and Organization, Oxford University Press, vol. 22(1), pages 234-257, April.
- Matthew Ellman, 2004. "Specificity revisited: The role of cross-investments," Economics Working Papers 799, Department of Economics and Business, Universitat Pompeu Fabra, revised Jan 2005.
- Matthew Ellman, 2004. "Specificity Revisited: The Role of Cross-Investments," Working Papers 150, Barcelona School of Economics.
- Guillaume Roels, 2014. "Optimal Design of Coproductive Services: Interaction and Work Allocation," Manufacturing & Service Operations Management, INFORMS, vol. 16(4), pages 578-594, October.
- Marco Marinucci, 2009.
"Optimal ownership in joint ventures with contributions of asymmetric partners,"
Journal of Economics, Springer, vol. 97(2), pages 141-163, June.
- MARINUCCI, Marco, 2008. "Optimal ownership in joint ventures with contributions of asymmetric partners," LIDAM Discussion Papers CORE 2008023, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Marinucci, Marco, 2008. "Optimal ownership in joint ventures with contributions of asymmetric partners," MPRA Paper 8985, University Library of Munich, Germany.
- MARINUCCI, Marco, 2009. "Optimal ownership in joint ventures with contributions of asymmetric partners," LIDAM Reprints CORE 2137, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Marinucci, Marco, 2008. "Optimal ownership in joint ventures with contributions of asymmetric partners," MPRA Paper 9058, University Library of Munich, Germany.
- Marco, MARINUCCI, 2008. "Optimal ownership in joint ventures with contributions of asymmetric partners," Discussion Papers (ECON - Département des Sciences Economiques) 2008016, Université catholique de Louvain, Département des Sciences Economiques.
- Francine Lafontaine & Kathryn L. Shaw, 1999.
"The Dynamics of Franchise Contracting: Evidence from Panel Data,"
Journal of Political Economy, University of Chicago Press, vol. 107(5), pages 1041-1080, October.
- Francine Lafontaine & Kathryn L. Shaw, 1996. "The Dynamics of Franchise Contracting: Evidence from Panel Data," NBER Working Papers 5585, National Bureau of Economic Research, Inc.
- Roussey, Ludivine & Soubeyran, Raphael, 2018.
"Overburdened judges,"
International Review of Law and Economics, Elsevier, vol. 55(C), pages 21-32.
- Ludivine Roussey & Raphaël Soubeyran, 2018. "Overburdened judges," Post-Print hal-02621924, HAL.
- Ludivine Roussey & Raphaël Soubeyran, 2018. "Overburdened judges," Working Papers halshs-01936006, HAL.
- Ludivine Roussey & Raphaël Soubeyran, 2018. "Overburdened judges," CEE-M Working Papers halshs-01936006, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
- Ludivine Roussey & Raphaël Soubeyran, 2018. "Overburdened judges," Working Papers hal-02791013, HAL.
- Major, Iván, 2014. "Ha elfogy a bizalom... Kialakítható-e optimális mechanizmus kétoldalú aszimmetrikus információ esetén? [When confidence evaporates&. Does optimal mechanism design exist under doubly asymmetric info," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 148-165.
- Brhanu , Desta & Holden , Stein T., 2018.
"Variation in Output Shares and Endogenous Matching in Land Rental Contracts,"
CLTS Working Papers
2/18, Norwegian University of Life Sciences, Centre for Land Tenure Studies, revised 16 Oct 2019.
- Gebrehiwot, D. & Holden, S.T., 2018. "Variation in output shares and endogenous matching in land rental contracts," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277362, International Association of Agricultural Economists.
- Arrunada, Benito & Garicano, Luis & Vazquez, Luis, 2001.
"Contractual Allocation of Decision Rights and Incentives: The Case of Automobile Distribution,"
The Journal of Law, Economics, and Organization, Oxford University Press, vol. 17(1), pages 257-284, April.
- Benito Arruñada & Luis Garicano & Luis Vázquez, 1999. "Contractual allocation of decision rights and incentives: The case of automobile distribution," Economics Working Papers 424, Department of Economics and Business, Universitat Pompeu Fabra.
- Hirnle, Christoph, 2005. "Assessing the risk for opportunism in collective IT investment: A principal-agent based framework for use in inter-firm networks," Working Papers 1/2005, University of Munich, Munich School of Management, Institute for Information Systems and New Media.
- Tom McKenzie & Dirk Sliwka, 2011.
"Universities as Stakeholders in their Students' Careers: On the Benefits of Graduate Taxes to Finance Higher Education,"
Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 167(4), pages 726-742, December.
- McKenzie, Tom & Sliwka, Dirk, 2010. "Universities as Stakeholders in their Students' Careers: On the Benefits of Graduate Taxes to Finance Higher Education," IZA Discussion Papers 5330, Institute of Labor Economics (IZA).
- Shuo Zeng & Moshe Dror, 2019. "Serving many masters: an agent and his principals," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 90(1), pages 23-59, August.
- Michael J. Mazzeo, 2004. "Retail Contracting and Organizational Form: Alternatives to Chain Affiliation in the Motel Industry," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 13(4), pages 599-615, December.
- Contractor, Farok J. & Woodley, James A., 2015. "How the alliance pie is split: Value appropriation by each partner in cross-border technology transfer alliances," Journal of World Business, Elsevier, vol. 50(3), pages 535-547.
- Jiang, Jiang & Li, Sherry Xin, 2019. "Group identity and partnership," Journal of Economic Behavior & Organization, Elsevier, vol. 160(C), pages 202-213.
- Carroll, Gabriel, 2019. "Robust incentives for information acquisition," Journal of Economic Theory, Elsevier, vol. 181(C), pages 382-420.
- Perrigot, Rozenn & López-Fernández, Begoña & Basset, Guy, 2021. "Conflict management capabilities in franchising," Journal of Retailing and Consumer Services, Elsevier, vol. 63(C).
- Jean-Louis ARCAND & Mbolatiana DE MONTALEMBERT RAMBONILAZA, 1999. "Is Adverse Selection Relevant? Spence-Mirlees Meets the Tunisian Peasant," Working Papers 199923, CERDI.
- Francine Lafontaine & Joanne Oxley, 2001. "International Franchising: Evidence from US and Canadian Franchisors in Mexico," NBER Working Papers 8179, National Bureau of Economic Research, Inc.
- Hege, U. & Viala, P., 1997.
"Contentious Contracts,"
Discussion Paper
1997-109, Tilburg University, Center for Economic Research.
- Ulrich Hege & Pascale Viala, 2012. "Contentious Contracts," Working Papers hal-00759794, HAL.
- HEGE, Ulrich & VIALA, Pascale, 1997. "Contentious Contracts," Cahiers de recherche 9711, Universite de Montreal, Departement de sciences economiques.
- Hege, U. & Viala, P., 1997. "Contentious Contracts," Other publications TiSEM 6f3c7c98-ae1f-4113-a230-1, Tilburg University, School of Economics and Management.
- Hege, Ulrich & Viala, Pascale, 1998. "Contentious Contracts," CEPR Discussion Papers 1910, C.E.P.R. Discussion Papers.
- Nada Mumdžiev & Josef Windsperger, 2011. "The Structure of Decision Rights in Franchising Networks: A Property Rights Perspective," Entrepreneurship Theory and Practice, , vol. 35(3), pages 449-465, May.
- Morvarid Rahmani & Luyi Gui & Atalay Atasu, 2021. "The Implications of Recycling Technology Choice on Extended Producer Responsibility," Production and Operations Management, Production and Operations Management Society, vol. 30(2), pages 522-542, February.
- Thorolfur Matthiasson, 1997. "Fixed wage or share: Contingent contract renewal and skipper motivation," Labor and Demography 9702002, University Library of Munich, Germany.
- Albanese, Marina & Navarra, Cecilia & Tortia, Ermanno C., 2015.
"Employer moral hazard and wage rigidity. The case of worker owned and investor owned firms,"
International Review of Law and Economics, Elsevier, vol. 43(C), pages 227-237.
- Marina Albanese & Cecilia Navarra & Ermanno Tortia, 2013. "Employer moral hazard and wage rigidity. The case of worker-owned and investor-owned firms," DEM Discussion Papers 2013/02, Department of Economics and Management.
- Ermanno Celeste Tortia, 2013. "Employer moral hazard and wage rigidity. The case of worker-owned and investor-owned firms," Econometica Working Papers wp46, Econometica.
- Moussawi-Haidar, Lama & Çömez-Dolgan, Nagihan, 2017. "Percentage rent contracts between co-stores," European Journal of Operational Research, Elsevier, vol. 258(3), pages 912-925.
- Pedro Mendi, 2005.
"The Structure of Payments in Technology Transfer Contracts: Evidence from Spain,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 14(2), pages 403-429, June.
- Pedro Mendi, 2003. "The Structure of Payments in Technology Transfer Contracts: Evidence from Spain," Faculty Working Papers 05/03, School of Economics and Business Administration, University of Navarra.
- Noel, Michael D. & Qiang, Hongjie, 2022. "Open price contracts, locked-in buyers, and opportunism," International Journal of Industrial Organization, Elsevier, vol. 85(C).
- Ghatak, Maitreesh & Karaivanov, Alexander, 2014.
"Contractual structure in agriculture with endogenous matching,"
Journal of Development Economics, Elsevier, vol. 110(C), pages 239-249.
- Ghatak, Maitreesh & Karaivanov, Alexander, 2013. "Contractual Structure in Agriculture with Endogenous Matching," CAGE Online Working Paper Series 120, Competitive Advantage in the Global Economy (CAGE).
- Morvarid Rahmani & Guillaume Roels & Uday S. Karmarkar, 2017. "Collaborative Work Dynamics in Projects with Co‐Production," Production and Operations Management, Production and Operations Management Society, vol. 26(4), pages 686-703, April.
- Oliver Dürr & Markus Nisch & Anna Rohlfing-Bastian, 2020. "Incentives in optimally sized teams for projects with uncertain returns," Review of Accounting Studies, Springer, vol. 25(1), pages 313-341, March.
- Olivier Cochet & Thomas Ehrmann, 2007. "Preliminary evidence on the appointment of institutional solutions to franchisor moral hazard-the case of franchisee councils," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 28(1), pages 41-55.
- Schmitz, Patrick W., 2017.
"Incomplete contracts, shared ownership, and investment incentives,"
Journal of Economic Behavior & Organization, Elsevier, vol. 144(C), pages 153-165.
- Schmitz, Patrick W., 2017. "Incomplete Contracts, Shared Ownership, and Investment Incentives," MPRA Paper 90801, University Library of Munich, Germany.
- Schmitz, Patrick W., 2017. "Incomplete Contracts, Shared Ownership, and Investment Incentives," CEPR Discussion Papers 12258, C.E.P.R. Discussion Papers.
- E. Bacchiega & M. Colucci & M. Magnani, 2019. "What goes around, comes around: Reciprocal effects and double-sided moral hazard in the choice of brand licensing," Working Papers wp1136, Dipartimento Scienze Economiche, Universita' di Bologna.
- Albert Y. Ha & Shilu Tong, 2008. "Revenue sharing contracts in a supply chain with uncontractible actions," Naval Research Logistics (NRL), John Wiley & Sons, vol. 55(5), pages 419-431, August.
- Mitchell, Matthew & Zhang, Yuzhe, 2012.
"Shared Rights and Technological Progress,"
MPRA Paper
36537, University Library of Munich, Germany.
- Yuzhe Zhang & Matthew Mitchell, 2013. "Shared Rights and Technological Progress," 2013 Meeting Papers 678, Society for Economic Dynamics.
- Anyangah, Joshua O., 2017. "Creditor rights protection, tort claims and credit," International Review of Law and Economics, Elsevier, vol. 52(C), pages 29-43.
- Koch, Alexander K. & Peyrache, Eloïc, 2008.
"Moral hazard contracts: Does one size fit all?,"
Economics Letters, Elsevier, vol. 100(3), pages 399-401, September.
- Koch, Alexander K. & Peyrache, Eloic, 2006. "Moral Hazard Contracts: Does One Size Fit All?," IZA Discussion Papers 2463, Institute of Labor Economics (IZA).
- Alexander K. Koch & Eloïc Peyrache, 2008. "Moral hazard contracts: Does one size fit all?," Post-Print hal-00463445, HAL.
- Zhao, Rui R., 2007.
"Dynamic risk-sharing with two-sided moral hazard,"
Journal of Economic Theory, Elsevier, vol. 136(1), pages 601-640, September.
- Rui Zhao, 2001. "Repeated Two-Sided Moral Hazard," Discussion Papers 01-07, University at Albany, SUNY, Department of Economics.
- Felipe Balmaceda, 2012.
"On the Optimality of One-size-fits-all Contracts: The Limited Liability Case,"
Documentos de Trabajo
291, Centro de Economía Aplicada, Universidad de Chile.
- Felipe Balmaceda, 2013. "On the Optimality of One-size-fits-all Contracts: The Limited Liability Case," Working Papers 39, Facultad de Economía y Empresa, Universidad Diego Portales.
- Padilla, Jorge & Layne-Farrar, Anna & Geradin, Damien, 2007. "Royalty Stacking in High Tech Industries: Separating Myth from Reality," CEPR Discussion Papers 6091, C.E.P.R. Discussion Papers.
- Steiner, Bodo E., 2009. "The Extent and Nature of Contracting in the Wine Supply-Chain When Moral Hazard is Present," Staff Paper Series 154127, University of Alberta, Department of Resource Economics and Environmental Sociology.
- Francine Lafontaine & Margaret Slade, 2007.
"Vertical Integration and Firm Boundaries: The Evidence,"
Journal of Economic Literature, American Economic Association, vol. 45(3), pages 629-685, September.
- Lafontaine, Francine & Slade, Margaret, 2007. "Vertical Integration and Firm Boundaries : The Evidence," The Warwick Economics Research Paper Series (TWERPS) 799, University of Warwick, Department of Economics.
- Lafontaine, Francine & Slade, Margaret, 2007. "Vertical Integration and Firm Boundaries: The Evidence," Economic Research Papers 269756, University of Warwick - Department of Economics.
- Gonzalez-Diaz, Manuel & Solis-Rodriguez, Vanesa, 2012. "Why do entrepreneurs use franchising as a financial tool? An agency explanation," Journal of Business Venturing, Elsevier, vol. 27(3), pages 325-341.
- Dur, Robert & Non, Arjan & Roelfsema, Hein, 2010.
"Reciprocity and incentive pay in the workplace,"
Journal of Economic Psychology, Elsevier, vol. 31(4), pages 676-686, August.
- Robert Dur & Arjan Non & Hein Roelfsema, 2008. "Reciprocity and Incentive Pay in the Workplace," Tinbergen Institute Discussion Papers 08-080/1, Tinbergen Institute.
- Robert Dur & Arjan Non & Hein Roelfsema, 2009. "Reciprocity and Incentive Pay in the Workplace," SOEPpapers on Multidisciplinary Panel Data Research 177, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Dur, Robert & Non, Arjan & Roelfsema, Hein, 2010. "Reciprocity and Incentive Pay in the Workplace," IZA Discussion Papers 4782, Institute of Labor Economics (IZA).
- Inés Macho-Stadler & David Pérez-Castrillo, 2018.
"Moral hazard: Base models and two extensions,"
Chapters, in: Luis C. Corchón & Marco A. Marini (ed.), Handbook of Game Theory and Industrial Organization, Volume I, chapter 16, pages 453-485,
Edward Elgar Publishing.
- Inés Macho-Stadler & David Pérez-Castrillo, 2016. "Moral Hazard: Base Models and Two Extensions," Working Papers 883, Barcelona School of Economics.
- Ines Macho-Stadler & David Pérez-Castrillo, 2016. "Moral Hazard: Base Models and Two Extensions," CESifo Working Paper Series 5851, CESifo.
- Mary A. Burke, 2015. "The distributional effects of contractual norms: the case of cropshare agreements," Working Papers 15-7, Federal Reserve Bank of Boston.
- Brickley, James A, 1999. "Incentive Conflicts and Contractual Restraints: Evidence from Franchising," Journal of Law and Economics, University of Chicago Press, vol. 42(2), pages 745-774, October.
- Wang, Susheng & Zhu, Tian, 2016. "Optimality of the 51:49 equity structure," Economics Letters, Elsevier, vol. 145(C), pages 270-273.
- Pei†Cheng Liao & Suresh Radhakrishnan, 2013. "A Commitment†Based Explanation for Outsourcing Multiple Tasks," Contemporary Accounting Research, John Wiley & Sons, vol. 30(3), pages 1063-1081, September.
- Ari Van Assche & Galina A. Schwartz, 2013. "Contracting Institutions and Ownership Structure in International Joint Ventures," CIRANO Working Papers 2013s-04, CIRANO.
- Umit Ozmel & Deniz Yavuz & Jeffrey J. Reuer & Todd Zenger, 2017. "Network Prominence, Bargaining Power, and the Allocation of Value Capturing Rights in High-Tech Alliance Contracts," Organization Science, INFORMS, vol. 28(5), pages 947-964, October.
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Small Business Economics, Springer, vol. 50(1), pages 163-180, January.
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- Charles J. Corbett & Gregory A. DeCroix, 2001. "Shared-Savings Contracts for Indirect Materials in Supply Chains: Channel Profits and Environmental Impacts," Management Science, INFORMS, vol. 47(7), pages 881-893, July.
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International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 43(3), pages 203-229, August.
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- Gianni deFraja & Claudio Piga, 2000. "Strategic Debt in Vertical Relationships," Econometric Society World Congress 2000 Contributed Papers 0059, Econometric Society.
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- Heiko Karle & Christian Staat, 2013. "Signaling Quality with Initially Reduced Royalty Rates," Working Papers ECARES ECARES 2013-44, ULB -- Universite Libre de Bruxelles.
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- Van Assche, Ari & Schwartz, Galina A., 2013. "Contracting institutions and ownership structure in international joint ventures," Journal of Development Economics, Elsevier, vol. 103(C), pages 124-132.
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- Rosenkranz, Stephanie & Schmitz, Patrick W., 2001. "Vertikale Unternehmenskooperationen," MPRA Paper 6930, University Library of Munich, Germany.
- Shantanu Bhattacharya & Alok Gupta & Sameer Hasija, 2014. "Joint Product Improvement by Client and Customer Support Center: The Role of Gain-Share Contracts in Coordination," Information Systems Research, INFORMS, vol. 25(1), pages 137-151, March.
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- Debajyoti Chakrabarty & Ananish Chaudhuri & Chester Spell, 2002. "Information Structure and Contractual Choice in Franchising," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 158(4), pages 638-663, December.
- Andrei Hagiu & Julian Wright, 2019. "Controlling vs. Enabling," Management Science, INFORMS, vol. 65(2), pages 577-595, February.
- Maruyama, Masayoshi & Yamashita, Yu, 2010. "The logic of franchise contracts: Empirical results of Japan," Japan and the World Economy, Elsevier, vol. 22(3), pages 183-192, August.
- Dessein, Wouter, 2012. "Incomplete Contracts and Firm Boundaries: New Directions," CEPR Discussion Papers 9019, C.E.P.R. Discussion Papers.
- Wang, Chia-Hsing & Roe, Brian E., 2002. "Deriving Feeder Cattle Pricing Contracts From Fed Cattle Price Grids: Simulation Results Of Risk-Sharing Contracts," 2002 Annual meeting, July 28-31, Long Beach, CA 19755, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Délila Allam, 2011. "En toutes franchises : de la capacité d'obéissance à la capacité d'initiative," Post-Print halshs-00643792, HAL.
- Sugata Marjit & Arijit Mukherjee, 2001. "Technology Transfer under Asymmetric Information: The Role of Equity Participation," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 157(2), pages 282-300, June.
- Jeff Ackermann, 2019. "The Effect of Franchising on Store Performance: Evidence from an Ownership Change," Management Science, INFORMS, vol. 65(11), pages 5188-5196, November.
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"Technology transfer with moral hazard,"
International Journal of Industrial Organization, Elsevier, vol. 19(1-2), pages 249-266, January.
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