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Contract Damages and Cooperative Investments

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Author Info
Che, Y.K.
Chung, Y.T.

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Abstract

This paper studies the effectiveness of alternative contract damages in inducing cooperative investments -- specific investments that generate a direct benefit to the investor's trading partner.

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Publisher Info
Paper provided by University of Western Ontario, Department of Economics in its series UWO Department of Economics Working Papers with number 9612.

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Length: 40 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:uwo:uwowop:9612

Contact details of provider:
Postal: Department of Economics, Reference Centre, Social Science Centre, University of Western Ontario, London, Ontario, Canada N6A 5C2
Phone: 519-661-2111 Ext.85228
Web page: http://economics.uwo.ca/econref/WorkingPapers/

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Related research
Keywords: INVESTMENTS; CONTRACTS;

Other versions of this item:

Find related papers by JEL classification:
F20 - International Economics - - International Factor Movements and International Business - - - General
F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Hege, U. & Viala, P., 1997. "Contentious contracts," Discussion Paper 109, Tilburg University, Center for Economic Research. [Downloadable!]
    Other versions:
  2. Alexander Stremitzer, 2009. "Standard Breach Remedies, Quality Thresholds, and Cooperative Investments," Bonn Econ Discussion Papers bgse4_2009, University of Bonn, Germany. [Downloadable!]
    Other versions:
  3. Yeon-Koo Che & Donald B. Hausch, 1999. "Cooperative Investments and the Value of Contracting," American Economic Review, American Economic Association, vol. 89(1), pages 125-147, March. [Downloadable!] (restricted)
  4. repec:att:wimass:19199812 is not listed on IDEAS
  5. Aaron S. Edlin & Benjamin E. Hermalin, 1997. "Contract Renegotiation in Agency Problems," NBER Working Papers 6086, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  6. Matthew J. Baker & Joyce P. Jacobsen, 2003. "A Human Capital-Based Theory of Post-Marital Residence Rules," Departmental Working Papers 2, United States Naval Academy Department of Economics. [Downloadable!]
    Other versions:
  7. Urs Schweizer, 2004. "Cooperative Investments Induced by Contract Law," Discussion Papers 10, SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich. [Downloadable!]
  8. Amihai Glazer & Stef Proost, 2008. "Signaling Commitment by Excessive Spending," Working Papers 070811, University of California-Irvine, Department of Economics. [Downloadable!]
  9. Matthew J. Baker, 2004. "Human Capital and Hold-ups in Indigenous Society: The Role of Customs and the Market," Departmental Working Papers 7, United States Naval Academy Department of Economics. [Downloadable!]
  10. Burguet, Roberto & Caminal, Ramón & Matutes, Carmen, 1999. "Golden Cages for Showy Birds: Optimal Switching Costs in Labour Markets," CEPR Discussion Papers 2070, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  11. Charles North, 2001. "Remedies for misrepresentation in applications in the presence of fraudulent intent," Atlantic Economic Journal, International Atlantic Economic Society, vol. 29(2), pages 162-176, June. [Downloadable!] (restricted)
  12. C. Manuel Willington, 2004. "Hold-Up under Costly Litigation and Imperfect Courts of Law," Econometric Society 2004 Latin American Meetings 231, Econometric Society. [Downloadable!]
    Other versions:
  13. repec:bep:dewple:2003-1-1078 is not listed on IDEAS
  14. Xinyu Hua, 2004. "Strategic Ex-ante Contracts: Rent-Extraction and Opportunity Costs," Econometric Society 2004 North American Summer Meetings 564, Econometric Society. [Downloadable!]
  15. Tai-Yeong Chung & Alan Chan, 2004. "Contract Damages and Investment Dynamics," Econometric Society 2004 Far Eastern Meetings 683, Econometric Society. [Downloadable!]
  16. Stefano Comino & Antonio Nicolò & Piero Tedeschi, 2005. "Termination Clauses in Partnerships," Industrial Organization 0509007, EconWPA. [Downloadable!]
    Other versions:
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This page was last updated on 2009-11-25.

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