This paper proposes a contract theory of wage-price indexation, assuming labor contracts that stipulate labor time and workers' renumeration and an economy subject to real and monetary disturbances. Novel features are the analysis of indexation as a statistical inference problem and the modeling...

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 possible dissolution under the most commonly advised and widely used dissolution rule known as 'buy--sell...