Capital without Borders will offer the first in-depth, cross-national examination of the wealth management profession: an extremely powerful professional group about which little is known, except that it controls large flows of capital around the world and has a significant impact on growing...

In a public procurement setting, we discuss the desirability of completing contracts with state-contingent clauses providing for monetary compensations to the contractor when revenue shocks occur. Realized shocks are private information of the contractor and this creates agency costs of...

In a public procurement setting, we discuss the desirability of completing contracts with state-contingent clauses providing for monetary compensations to the contractor when revenue shocks occur. Realized shocks are private information of the contractor and this creates agency costs of...