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Efficient Adaptation in Long-term Contracts: Take-or-Pay Provisions for Natural Gas

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Author Info
Masten, Scott E
Crocker, Keith J

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Article provided by American Economic Association in its journal American Economic Review.

Volume (Year): 75 (1985)
Issue (Month): 5 (December)
Pages: 1083-93
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Handle: RePEc:aea:aecrev:v:75:y:1985:i:5:p:1083-93

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  1. Benito Arruñada & Manuel González, 1997. "How Competition Controls Team Production: The Case of Fishing Firms," Economics Working Papers 261, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
  2. Neumann, A. & von Hirschhausen, C., 2006. "Long-Term Contracts and Asset Specificity Revisited -An Empirical Analysis of Producer-Importer Relations in the Natural Gas Industry," Cambridge Working Papers in Economics 0630, Faculty of Economics, University of Cambridge. [Downloadable!]
    Other versions:
  3. Oliver E. Williamson, 2005. "The Economics of Governance," American Economic Review, American Economic Association, vol. 95(2), pages 1-18, May. [Downloadable!] (restricted)
  4. Darlene C. Chisholm, 1993. "Asset Specificity and Long-Term Contracts: The Case of the Motion-Pictures Industry," Eastern Economic Journal, Eastern Economic Association, vol. 19(2), pages 143-155, Spring. [Downloadable!]
  5. Sergei Guriev & Dmitriy Kvasov, 2005. "Contracting on Time," American Economic Review, American Economic Association, vol. 95(5), pages 1369-1385, December. [Downloadable!] (restricted)
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  6. Chiappori, Pierre Andre & Salanie, Bernard, 2002. "Testing Contract Theory: A Survey of Some Recent Work," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
  7. Keith Acheson, 2000. "Disciplined stories in the governance of the New Institutional Economics," Journal of Economic Methodology, Taylor and Francis Journals, vol. 7(3), pages 341-371, November. [Downloadable!] (restricted)
  8. Thomas N. Hubbard, 1999. "How Wide is the Scope of Hold-Up-Based Theories? Contractual Form and Market Thickness in Trucking," NBER Working Papers 7347, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  9. Atsushi Iimi, 2006. "Did Botswana Escape from the Resource Curse?," IMF Working Papers 06/138, International Monetary Fund. [Downloadable!]
  10. Neuhoff, K. & von Hirschhausen, C., 2005. "Long-term vs. Short-term Contracts; A European perspective on natural gas," Cambridge Working Papers in Economics 0539, Faculty of Economics, University of Cambridge. [Downloadable!]
  11. Joseph C. Mullin & Wallace P. Mullin, 1996. "United States Steel's Acquisition of the Great Northern Ore Properties: Vertical Foreclosure or Efficient Contractual Governance?," NBER Working Papers 5662, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  12. Lisa J. Cameron, 2000. "Limiting Buyer Discretion: Effects on Performance and Price in Long-Term Contracts," American Economic Review, American Economic Association, vol. 90(1), pages 265-281, March. [Downloadable!] (restricted)
  13. Luis Garicano & Steven N. Kaplan, 2000. "The Effects of Business-to-Business E-Commerce on Transaction Costs," NBER Working Papers 8017, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  14. Benito Arruñada & Luis Garicano & Luis Vázquez, 1999. "Contractual Allocation of Decision Rights and Incentives: The Case of Automobile Distribution," Economics Working Papers 424, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
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  15. Christopher C. Geczy & Bernadette A. Minton & Catherine Schrand, . "Choices Among Alternative Risk Management Strategies: Evidence from the Natural Gas Industry," Rodney L. White Center for Financial Research Working Papers 28-99, Wharton School Rodney L. White Center for Financial Research. [Downloadable!]
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