. We consider a stylized repeated procurement framework in which a buyer awards a contract over time to two firms with …

). New contract language also includes dispute resolution provisions (e.g., jury waivers, forum selection clauses) that are …

Contract theory largely abstracts from individual differences in the ability to design contracts. We argue that the … advisors, and other features of the contract design. We address concerns about endogenous assignment in fixed-effects analyses …

former, the aim of the regulation is to preserve the takeover transaction as a straightforward contract between acquirer and …This chapter contrasts the ‘contractual' and the ‘corporate' models of takeover or tender offer regulation. Under the … two main questions at the heart of takeover regulation. These are how to regulate relations between (a) the target …

consider the eff ect on incentives and risk transfer of bundling building and management stages into a single contract … overruns. We also consider how institutions, and specifi cally the risk of regulatory opportunism, aff ects contract design and …

the specification of the type of contract to be awarded. Less attention has been paid to the incompleteness of the … contract; this issue is relevant in the public work sector because it offers room for the contract renegotiation and, therefore … procedures (i.e. negotiation vs. auction) on the contract renegotiation in the public work sector. The results show that, in …

contract for breach of contract by the seller.Avoidance (or ldquo;terminationrdquo;) of the contract is the most extreme … measure a party may take in response to a breach of contract. Avoidance excuses any future performance, except for contractual … transactions, avoidance of the contract may create extreme hardship and costs for both the defaulting and the aggrieved party. This …

find that firms that both reside in countries with weak contract enforceability and operate in industries with a greater …

Default rules of contract ... …