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Incomplete contracts, specific investments, and risk sharing

Chung, Tai-yeong - In: The review of economic studies 58 (1991) 5, pp. 1031-1042

Persistent link: https://www.econbiz.de/10001113214

Rent-seeking contest when the prize increases with aggregate efforts

Chung, Tai-yeong - In: Public choice 87 (1996) 1, pp. 55-66

Persistent link: https://www.econbiz.de/10001197088

Settlement of litigation under Rule 68 : an economic analysis

Chung, Tai-yeong - In: The journal of legal studies 25 (1996) 1, pp. 261-286

Persistent link: https://www.econbiz.de/10001202197

Efficient investment through renegotiation of simple contracts

Chung, Tai-yeong - In: Economics letters 40 (1992) 3, pp. 281-285

Persistent link: https://www.econbiz.de/10001140213

On the social optimality of liquidated damage clauses : an economic analysis

Chung, Tai-yeong - In: The journal of law, economics, & organization 8 (1992) 2, pp. 280-305

Persistent link: https://www.econbiz.de/10001141047

Contract Damages and Investment Dynamics

Chung, Tai-Yeong; Chan, Alan - Econometric Society - 2004

The present article provides an economic analysis to examine how contract damages affects both breach and investment decisions over time. Unlike the standard static model, this article studies a model in which, upon signing a contract, a seller invests over two periods, and a buyer may breach at...

Persistent link: https://www.econbiz.de/10005342380