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Agricultural Contracting, Competition, and Antitrust

James M. MacDonald.

in American Journal of Agricultural Economics

December 2006; p ublished online December 2006 .

Journal Article. Subjects: Antitrust Issues and Policies; Contract Law; Agricultural Economics. 4628 words.

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Collective Action Clauses for the Eurozone

Michael Bradley and Mitu Gulati.

in Review of Finance

October 2014; p ublished online December 2013 .

Journal Article. Subjects: National Budget, Deficit, and Debt; International Financial Markets; Economics; Contract Law; International Finance. 19942 words.

One of the primary policy initiatives instituted in response to the Eurozone sovereign debt crisis is a requirement that all Eurozone sovereign bonds issued after January 1 2013 include...

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Competition and Unconscionability

Ezra Friedman.

in American Law and Economics Review

December 2013; p ublished online May 2013 .

Journal Article. Subjects: Contract Law; Antitrust Issues and Policies; Market Structure, Firm Strategy, and Market Performance. 15925 words.

This paper argues that the conventional legal doctrine that emphasizes lack of choice among suppliers or contracts as an element of unconscionability is misguided. I show that when a seller...

Designing Remedies to Compensate Plaintiffs for Unobservable Harms

Nathan Atkinson.

in American Law and Economics Review

October 2018; p ublished online September 2018 .

Journal Article. Subjects: Contract Law; Tort Law; Law and Economics; Information, Knowledge, and Uncertainy. 17594 words.

Abstract

Despite the vast sums transferred through the legal system, the foundations of the procedures used to compensate plaintiffs for unobservable losses...

Does Court Speed Shape Economic Activity? Evidence from a Court Reform in India

Matthieu Chemin.

in The Journal of Law, Economics, and Organization

August 2012; p ublished online November 2010 .

Journal Article. Subjects: Market Structure, Firm Strategy, and Market Performance; Economic Development; Game Theory and Bargaining Theory; Production and Organizations; Law and Economics; Contract Law. 11445 words.

This article investigates the impact of quick courts on firms' contracting behavior and economic performance. In 2002, the Code of Civil Procedure Amendment Act was enacted in India to...

Enforcement-proof contracts with moral hazard in precaution: ensuring ‘permanence’ in carbon sequestration

Ian A. MacKenzie, Markus Ohndorf and Charles Palmer.

in Oxford Economic Papers

April 2012; p ublished online December 2011 .

Journal Article. Subjects: Contract Law; Agricultural Economics. 9752 words.

Opportunistic behaviour due to imperfect contract enforcement is a risk in many economic transactions. In this paper, an enforcement-proof incentive contract is developed in which a buyer...

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Estimating the Benefits of Contractual Completeness

Gregor Matvos.

in The Review of Financial Studies

November 2013; p ublished online September 2013 .

Journal Article. Subjects: Corporate Governance; Economics; Contract Law; Market Structure, Firm Strategy, and Market Performance. 22909 words.

I provide a revealed-preference-based framework that uses covenant prices and choices to quantitatively study how covenants generate firm benefits by completing debt contracts. I use a...

Expectation Damages and Bilateral Cooperative Investments

Daniel Göller.

in American Law and Economics Review

December 2014; p ublished online April 2014 .

Journal Article. Subjects: Contract Law; Game Theory and Bargaining Theory; Information, Knowledge, and Uncertainy; Market Structure, Firm Strategy, and Market Performance; Particular Labour Markets. 8898 words.

We examine the efficiency of the standard breach remedy expectation damages in a setting where the buyer invests cooperatively and the seller invests both cooperatively and selfishly....

First-Purchase Rights: Rights of First Refusal and Rights of First Offer

Marcel Kahan, Shmuel Leshem and Rangarajan K. Sundaram.

in American Law and Economics Review

December 2012; p ublished online October 2012 .

Journal Article. Subjects: Game Theory and Bargaining Theory; Contract Law. 12980 words.

This paper analyzes rights of first refusal and rights of first offer in a multiple-buyer, sequential bargaining setting. A right of first refusal entitles the right-holder to purchase a...

Harm–Benefit Interactions

Oren Bar-Gill and Ariel Porat.

in American Law and Economics Review

March 2014; p ublished online September 2013 .

Journal Article. Subjects: Welfare Economics; Property Law; Tort Law; Contract Law. 10551 words.

We analyze a distinct category of cases—Harm–Benefit cases—in which harm to the victim is accompanied by benefit to the injurer. While liability should be imposed when the benefit exceeds...

Holdouts in Sovereign Debt Restructuring: A Theory of Negotiation in a Weak Contractual Environment

Rohan Pitchford and Mark L. J. Wright.

in The Review of Economic Studies

April 2012; p ublished online November 2011 .

Journal Article. Subjects: Contract Law; International Law; Production and Organizations; International Finance; Analysis of Collective Decision-making. 13392 words.

Why is it difficult to restructure sovereign debt in a timely manner? In this paper, we present a theory of the sovereign debt-restructuring process in which delay arises as individual...

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Intertemporal Choice and Legal Constraints

M. Keith Chen and Alan Schwartz.

in American Law and Economics Review

April 2012; p ublished online December 2011 .

Journal Article. Subjects: Law and Economics; Household Behaviour and Family Economics; Intertemporal Choice and Growth; Tax Law; Contract Law. 13623 words.

We study the effect of legal constraints in an environment in which agents face demand shocks they would like to smooth but also have weakness of will: agents' long and short run...

THE MEANING OF FRAND, PART I: ROYALTIES

J. Gregory Sidak.

in Journal of Competition Law & Economics

December 2013; p ublished online December 2013 .

Journal Article. Subjects: Technological Change; Research and Development; Property Law; Production and Organizations; Contract Law. 56828 words.

What does it mean for a patent holder to commit to a standard-setting organization (SSO) to license its standard-essential patents (SEPs) on fair, reasonable, and nondiscriminatory (FRAND)...

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THE MEANING OF FRAND, PART II: INJUNCTIONS

J. Gregory Sidak.

in Journal of Competition Law & Economics

March 2015; p ublished online February 2015 .

Journal Article. Subjects: Market Structure, Firm Strategy, and Market Performance; Technological Change; Research and Development; Antitrust Issues and Policies; Manufacturing; Law and Economics; Contract Law. 33063 words.

Under what conditions may the holder of standard-essential patents (SEPs) seek to enjoin an infringing implementer without breaching the SEP holder's contract with the standard-setting...

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On and Off Contract Remedies Inducing Cooperative Investments

Richard R.W. Brooks and Alexander Stremitzer.

in American Law and Economics Review

December 2012; p ublished online October 2012 .

Journal Article. Subjects: Game Theory and Bargaining Theory; Particular Labour Markets; Firm Objectives, Organization, and Behaviour; Contract Law. 7546 words.

A party dissatisfied with the contractual performance of a counterparty is typically able to pursue a variety of legal recourses. Within this apparent variety are two fundamental...

Optimal Property Rights in Financial Contracting

Kenneth Ayotte and Patrick Bolton.

in The Review of Financial Studies

October 2011; p ublished online August 2011 .

Journal Article. Subjects: Property Law; Contract Law; Corporate Governance; Bankruptcy. 16338 words.

This article adopts a definition of property rights from legal scholarship: A property right (in contrast to a contractual right) is enforceable, not only against the parties to a contract,...

Partnership dissolution, complementarity, and investment incentives

Jianpei Li and Elmar Wolfstetter.

in Oxford Economic Papers

July 2010; p ublished online September 2009 .

Journal Article. Subjects: Game Theory and Bargaining Theory; Firm Objectives, Organization, and Behaviour; Demographic Economics; Information, Knowledge, and Uncertainy; Contract Law. 7984 words.

Partnerships form in order to take advantage of complementary skills; however, new opportunities may arise that make some partners' skills useless. We analyse partnerships that anticipate...

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Political Economy of Regulation of Broiler Contracts

Tomislav Vukina and Porametr Leegomonchai.

in American Journal of Agricultural Economics

December 2006; p ublished online December 2006 .

Journal Article. Subjects: Regulation and Industrial Policy; Information, Knowledge, and Uncertainy; Contract Law; Agricultural Economics. 5450 words.

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Private Information and the Option to Not Sue: A Reevaluation of Contract Remedies

Ronen Avraham and Zhiyong Liu.

in The Journal of Law, Economics, and Organization

April 2012; p ublished online December 2009 .

Journal Article. Subjects: Information, Knowledge, and Uncertainy; Law and Economics; Contract Law. 10286 words.

In this paper, we study contracts with two-sided incomplete information. Prior literature on contract remedies does not formally account for the nonbreaching party's option to not sue for...

Private Mechanisms, Informal Incentives, and Policy Intervention in Agricultural Contracts

Jack Schieffer and Steven Wu.

in American Journal of Agricultural Economics

December 2006; p ublished online December 2006 .

Journal Article. Subjects: Information, Knowledge, and Uncertainy; Contract Law; Agricultural Economics. 4273 words.

Go to »  abstract