We examine legal services contracts characterized by a contingency fee and an hours reporting requirement in a moral hazard setting. We find that hours reporting requirements in contingency contracts can reduce the rent needed to induce high attorney effort under moral hazard. Under certain...

There has been much discussion about what issues should be included in international 'trade' negotiations. Different countries, firms and activists groups have quite different views regarding which items should (or should not) be negotiated together. Proposals run the gamut from no linking to...

This paper presents a model of an incumbent firm and a potential entrant. If entry occurs, then firms engage in Cournot quantity competition. As in previous studies, pre-entry capacity is used to change the post entry game. However, my model includes two periods, with demand growth between...

There has been much discussion about what issues should be included in international "trade" negotiations. Different countries, firms, and activist groups have quite different views regarding which items should (or should not) be negotiated together. Proposals run the gamut from no linking to...