Search Results - subject:"unobservable contract"

Legal Contests with Unilateral Delegation

Park, Sung-Hoon; Lee, Sanghack - In: Asian Journal of Law and Economics 11 (2020) 1

to the unobservable one while his delegate prefers the unobservable contract. We also show that the legal contest with … the observable contract incurs more total expenditure than the legal contest with the unobservable contract if the …

Persistent link: https://www.econbiz.de/10014585219

Contests with bilateral delegation : unobservable contracts

Baik, Kyung Hwan; Kim, Jihyun - In: Journal of institutional and theoretical economics : JITE 170 (2014) 3, pp. 387-405

Persistent link: https://www.econbiz.de/10010400122

Unobservable Vertical Restraints and Interbrand Competition

Kang, Yeongjae - Economics Institute for Research (SIR), … - 1996

This paper presents a model of vertical restraints with unobservable contracts in a market where retailers compete in price and service. The equilibrium contracts under the franchise and the resale price maintenance arrangements are shown to differ in the way they lessen competition between...

Persistent link: https://www.econbiz.de/10005649268