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Tai-Yeong Chung

Citations

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Working papers

  1. Tai-Yeong Chung & Alan Chan, 2004. "Contract Damages and Investment Dynamics," Econometric Society 2004 Far Eastern Meetings 683, Econometric Society.

    Cited by:

    1. Fan Zhang, 2008. "Dynamic Contract Breach," EAG Discussions Papers 200803, Department of Justice, Antitrust Division.
    2. Pilli-Sihvola, Karoliina & Aatola, Piia & Ollikainen, Markku & Tuomenvirta, Heikki, 2010. "Climate change and electricity consumption--Witnessing increasing or decreasing use and costs?," Energy Policy, Elsevier, vol. 38(5), pages 2409-2419, May.

  2. Che, Y.K. & Chung, T.Y., 1995. "Incomplete Contracts and Cooperative Investments," Working papers 9524, Wisconsin Madison - Social Systems.

    Cited by:

    1. F. Gul, 2000. "Unobservable Investment and the Hold-Up Problem," Princeton Economic Theory Papers 00s10, Economics Department, Princeton University.
    2. Giulio Fella, 2014. "Investment in General Training with Consensual Layoffs," Working Papers 418, Queen Mary University of London, School of Economics and Finance.
    3. Che, Y.K. & Hausch, D.B., 1997. "Cooperative Investments and the Value of Contracting," Working papers 9714, Wisconsin Madison - Social Systems.

  3. Tai-Yeong Chung, 1994. "Rent-Seeking Contest When the Prize Increases With Aggregate Efforts," University of Western Ontario, Departmental Research Report Series 9407, University of Western Ontario, Department of Economics.

    Cited by:

    1. Ikan, Lotem & Lagziel, David & Raveh, Ohad, 2025. "Resource windfalls, connectivity, and political polarization," Journal of Environmental Economics and Management, Elsevier, vol. 132(C).
    2. Matthew J. Kotchen & Stephen W. Salant, 2009. "A Free Lunch in the Commons," NBER Working Papers 15086, National Bureau of Economic Research, Inc.
    3. Subhasish M. Chowdhury & Roman M. Sheremeta, 2010. "Multiple Equilibria in Tullock Contests," University of East Anglia Applied and Financial Economics Working Paper Series 014, School of Economics, University of East Anglia, Norwich, UK..
    4. Corgnet, Brice & Martin, Ludivine & Ndodjang, Peguy & Sutan, Angela, 2019. "On the merit of equal pay: Performance manipulation and incentive setting," European Economic Review, Elsevier, vol. 113(C), pages 23-45.
    5. Knyazev, Dmitriy, 2017. "Optimal prize structures in elimination contests," Journal of Economic Behavior & Organization, Elsevier, vol. 139(C), pages 32-48.
    6. João Ricardo Faria & Franklin G. Mixon, Jr. & Steven B. Caudill & Samantha J. Wineke, 2014. "Two-Dimensional Effort in Patent-Race Games and Rent-Seeking Contests: The Case of Telephony," Games, MDPI, vol. 5(2), pages 1-11, May.
    7. Emmanuel Dechenaux & Dan Kovenock & Roman Sheremeta, 2015. "A survey of experimental research on contests, all-pay auctions and tournaments," Experimental Economics, Springer;Economic Science Association, vol. 18(4), pages 609-669, December.
    8. Bös, Dieter, 2002. "Contests Among Bureaucrats," Bonn Econ Discussion Papers 27/2002, University of Bonn, Bonn Graduate School of Economics (BGSE).
    9. Gregor, Martin, 2012. "Contest for power in organizations," Economics Letters, Elsevier, vol. 114(3), pages 280-283.
    10. Hoffmann, Magnus & Rota-Graziosi, Grégoire, 2012. "Endogenous timing in general rent-seeking and conflict models," Games and Economic Behavior, Elsevier, vol. 75(1), pages 168-184.
    11. Roman M. Sheremeta & Subhasish M. Chowdhury, 2014. "Strategically Equivalent Contests," Working Papers 14-06, Chapman University, Economic Science Institute.
    12. Neil J. Buckley & Stuart Mestelman & R. Andrew Muller & Stephan Schott & Jingjing Zhang, 2013. "Communication and Output Sharing in Common Pool Resource Environments," Department of Economics Working Papers 2013-06, McMaster University.
    13. Derek Clark & Tore Nilssen, 2013. "Learning by doing in contests," Public Choice, Springer, vol. 156(1), pages 329-343, July.
    14. Sung-Hoon Park, 2019. "The gap between equilibrium expected payoffs in contests with linear externalities," Economics Bulletin, AccessEcon, vol. 39(4), pages 2302-2307.
    15. Yildirim, Huseyin, 2005. "Contests with multiple rounds," Games and Economic Behavior, Elsevier, vol. 51(1), pages 213-227, April.
    16. Bing Xu & Maxwell Pak, 2021. "Child-raising cost and fertility from a contest perspective," Public Choice, Springer, vol. 186(1), pages 9-28, January.
    17. Klaus Heine & Maximilian Kerk, 2017. "Conflict resolution in meta-organizations: the peculiar role of arbitration," Journal of Organization Design, Springer;Organizational Design Community, vol. 6(1), pages 1-20, December.
    18. Christian Ewerhart & Federico Quartieri, 2020. "Unique equilibrium in contests with incomplete information," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(1), pages 243-271, July.
    19. Shane Sanders & Bhavneet Walia, 2014. "Endogenous Destruction in a Model of Armed Conflict: Implications for Conflict Intensity, Welfare, and Third-Party Intervention," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 16(4), pages 606-619, August.
    20. Robert Ridlon, 2016. "Does Manufacturer Advertising Crowd‐in or Crowd‐out Retailer Advertising? An Application of an Endogenous Prize Contest with Asymmetric Players," Southern Economic Journal, John Wiley & Sons, vol. 83(2), pages 364-379, October.
    21. Epstein, Gil S. & Nitzan, Shmuel, 2004. "Strategic restraint in contests," European Economic Review, Elsevier, vol. 48(1), pages 201-210, February.
    22. Andrei, Daniel & Carlin, Bruce I., 2023. "Schumpeterian competition in a Lucas economy," Journal of Economic Theory, Elsevier, vol. 208(C).
    23. Keskin, Kerim, 2018. "Cumulative prospect theory preferences in rent-seeking contests," Mathematical Social Sciences, Elsevier, vol. 96(C), pages 85-91.
    24. Corchón, Luis C., 2007. "The theory of contests : a survey," UC3M Working papers. Economics we075126, Universidad Carlos III de Madrid. Departamento de Economía.
    25. Ian A. MacKenzie, 2009. "Controlling externalities in the presence of rent seeking," CER-ETH Economics working paper series 09/111, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    26. Miceli, Thomas J., 2024. "Patent races and pennant races: A new rationale for revenue sharing in sports leagues," Economics Letters, Elsevier, vol. 234(C).
    27. Walter Ferrarese, 2018. "Equilibrium Effort in Games with Homogeneous Production Functions and Homogeneous Valuation," CEIS Research Paper 432, Tor Vergata University, CEIS, revised 12 Nov 2021.
    28. Hanley, Nicholas & Mackenzie, Ian A, 2009. "The effects of rent seeking over tradable pollution permits," Stirling Economics Discussion Papers 2009-12, University of Stirling, Division of Economics.
    29. Alex Dickson & Ian A. MacKenzie & Petros G. Sekeris, 2016. "Sharing contests with general preferences," Discussion Papers Series 573, School of Economics, University of Queensland, Australia.
    30. Knyazev, Dmitriy, 2013. "Optimal elimination contest," Bonn Econ Discussion Papers 09/2013, University of Bonn, Bonn Graduate School of Economics (BGSE).
    31. Christian Ewerhart, 2015. "Contest success functions: the common-pool perspective," ECON - Working Papers 195, Department of Economics - University of Zurich.
    32. de Roos, Nicolas & Matros, Alexander & Smirnov, Vladimir & Valencia, Zehra, 2022. "Choosing the Prize in Contests," Working Papers 2022-04, University of Sydney, School of Economics.
    33. Tobias Wenzel, 2014. "Independent Service Operators in ATM Markets," Scottish Journal of Political Economy, Scottish Economic Society, vol. 61(1), pages 26-47, February.
    34. Chung, Keunsuk & Lee, Dongryul, 2017. "Inefficient competition in shadow-education investment," Journal of Economic Behavior & Organization, Elsevier, vol. 139(C), pages 152-165.
    35. Farhad Nili & Gabriel Talmain, "undated". "Rent-seeking, Occupational Choice and Oil Boom," Discussion Papers 01/11, Department of Economics, University of York.
    36. Cherry, Josh & Salant, Stephen & Uler, Neslihan, 2013. "Experimental Departures from Self-Interest when Competing Partnerships Share Output," RFF Working Paper Series dp-13-07, Resources for the Future.
    37. Heintzelman, Martin D. & Salant, Stephen W. & Schott, Stephan, 2009. "Putting free-riding to work: A Partnership Solution to the common-property problem," Journal of Environmental Economics and Management, Elsevier, vol. 57(3), pages 309-320, May.
    38. Luke M. Froeb & Bernhard Ganglmair & Steven Tschantz, 2016. "Adversarial Decision Making: Choosing between Models Constructed by Interested Parties," Journal of Law and Economics, University of Chicago Press, vol. 59(3), pages 527-548.
    39. Robertson, Matthew J., 2025. "Competitive outcomes in a Cournot-Tullock contest," Economics Letters, Elsevier, vol. 250(C).
    40. Katsuya Kobayashi & Hideo Konishi & Kaoru Ueda, 2025. "Prize-allocation rules in generalized team contests," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 79(1), pages 151-179, February.
    41. Appelbaum, Elie & Katz, Eliakim, 1987. "Seeking Rents by Setting Rents: The Political Economy of Rent Seeking," Economic Journal, Royal Economic Society, vol. 97(387), pages 685-699, September.
    42. Serhat Doğan & Kerim Keskin & Çağrı Sağlam, 2020. "Contests over joint production on networks," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(2), pages 377-400, April.
    43. Lotem Ikan & David Lagziel, 2023. "The Indoctrination Game," Papers 2305.02604, arXiv.org.
    44. Alice Guerra & Barbara Luppi & Francesco Parisi, 2019. "Productive and unproductive competition: a unified framework," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 36(3), pages 785-804, October.
    45. Stefan Jönsson & Armin Schmutzler, 2013. "All-pay auctions: Implementation and optimality," ECON - Working Papers 108, Department of Economics - University of Zurich.
    46. Shaffer, Sherrill, 2006. "War, labor tournaments, and contest payoffs," Economics Letters, Elsevier, vol. 92(2), pages 250-255, August.
    47. Alex Dickson & Ian A. MacKenzie & Petros G. Sekeris, 2022. "Rent Dissipation in Simple Tullock Contests," Games, MDPI, vol. 13(6), pages 1-11, December.
    48. Alex Dickson, 2017. "Multiple-aggregate games," Working Papers 1701, University of Strathclyde Business School, Department of Economics.
    49. Nigar Hashimzade, 2023. "Tax Uncertainty and Welfare-Improving Tax Disputes," CESifo Working Paper Series 10392, CESifo.
    50. Markus Lang & Alexander Rathke & Marco Runkel, 2009. "The Economic Consequences of Foreigner Rules in National Sports Leagues," Working Papers 0028, University of Zurich, Center for Research in Sports Administration (CRSA), revised Jul 2009.
    51. Fausto Cavalli & Mario Gilli & Ahmad Naimzada, 2025. "The role of polarization and hostility on equilibria in a simple class of symmetric conflict models," Theory and Decision, Springer, vol. 98(1), pages 61-83, February.
    52. Joschka Gerigk & Ian MacKenzie & Markus Ohndorf, 2015. "A Model of Benchmarking Regulation: Revisiting the Efficiency of Environmental Standards," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(1), pages 59-82, September.
    53. Subhasish Modak Chowdhury & Roman M Sheremeta, 2010. "The Equivalence of Contests," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2010-05, Centre for Competition Policy, University of East Anglia, Norwich, UK..
    54. Liston-Heyes, Catherine, 2001. "Setting the Stakes in Environmental Contests," Journal of Environmental Economics and Management, Elsevier, vol. 41(1), pages 1-12, January.
    55. Frederik Schmidt, 2008. "The Stability of Dynamic Contests with Asymmetric and Endogenous Prizes," Economics Bulletin, AccessEcon, vol. 3(4), pages 1-9.
    56. Abbas Khandan, 2022. "Externalities in the rent-seeking strategies of lobbying and bribery," Public Sector Economics, Institute of Public Finance, vol. 46(3), pages 421-450.
    57. François Libois, 2016. "Success and Failure of Communities Managing Natural Resources:Static and Dynamic Inefficiencies," Working Papers 1601, University of Namur, Department of Economics.
    58. Dieter Bös, 2002. "Contests Among Bureaucrats," CESifo Working Paper Series 807, CESifo.
    59. J. Atsu Amegashie & Edward Kutsoati, 2005. "Rematches in Boxing and Other Sporting Events," Journal of Sports Economics, , vol. 6(4), pages 401-411, November.
    60. Ansink, Erik & Weikard, Hans-Peter, 2025. "Agreeing on public goods or bads," Journal of Environmental Economics and Management, Elsevier, vol. 130(C).
    61. Martin Grossmann, 2011. "Evolutionarily Stable Strategies in Sports Contests," Working Papers 0044, University of Zurich, Center for Research in Sports Administration (CRSA).
    62. Kahana, Nava & Nitzan, Shmuel, 1999. "Uncertain preassigned non-contestable and contestable rents," European Economic Review, Elsevier, vol. 43(9), pages 1705-1721, October.
    63. Duc De NGO & Mahito OKURA, 2008. "Coopetition in a Mixed Duopoly Market," EcoMod2008 23800095, EcoMod.
    64. Lee, Sanghack & Hyeong Kang, J., 1998. "Collective contests with externalities," European Journal of Political Economy, Elsevier, vol. 14(4), pages 727-738, November.
    65. Andreas Hefti, 2016. "Distributional comparative statics with heterogeneous agents," ECON - Working Papers 237, Department of Economics - University of Zurich.
    66. Andreas Hefti & Julian Teichgräber, 2021. "Inequality in models with a competition for market shares," ECON - Working Papers 375, Department of Economics - University of Zurich.
    67. Betto, Maria & Thomas, Matthew W., 2024. "Asymmetric all-pay auctions with spillovers," Theoretical Economics, Econometric Society, vol. 19(1), January.
    68. Sheremeta, Roman & Chowdhury, Subhasish, 2010. "A generalized Tullock contest," MPRA Paper 52102, University Library of Munich, Germany.
    69. Konrad, Kai A., 2007. "Strategy in contests: an introduction [Strategie in Turnieren – eine Einführung]," Discussion Papers, Research Unit: Market Processes and Governance SP II 2007-01, WZB Berlin Social Science Center.
    70. Sherrill Shaffer, 2006. "Contests with interdependent preferences," Applied Economics Letters, Taylor & Francis Journals, vol. 13(13), pages 877-880.
    71. Gil Epstein & Igal Milchtaich & Shmuel Nitzan & Mordechai Schwarz, 2007. "Ambiguous political power and contest efforts," Public Choice, Springer, vol. 132(1), pages 113-123, July.
    72. XiaoGang Che & Brad Humphreys, 2014. "Contests with a Prize Externality and Stochastic Entry," Working Papers 14-19, Department of Economics, West Virginia University.
    73. Rapoport, Amnon & Amaldoss, Wilfred, 2004. "Mixed-strategy play in single-stage first-price all-pay auctions with symmetric players," Journal of Economic Behavior & Organization, Elsevier, vol. 54(4), pages 585-607, August.
    74. Alex Gershkov & Jianpei Li & Paul Schweinzer, 2009. "Efficient tournaments within teams," RAND Journal of Economics, RAND Corporation, vol. 40(1), pages 103-119, March.
    75. Cheikbossian, Guillaume, 2021. "The evolutionary stability of in-group altruism in productive and destructive group contests," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 236-252.
    76. Prokopovych, Pavlo & Yannelis, Nicholas C., 2023. "On monotone pure-strategy Bayesian-Nash equilibria of a generalized contest," Games and Economic Behavior, Elsevier, vol. 140(C), pages 348-362.
    77. Gwanghoon Lee, 2006. "Optimal R&D Competition and Economic Growth," Korean Economic Review, Korean Economic Association, vol. 22, pages 267-297.
    78. Guido Ascari & Philippe Gagnepain, 2007. "Evaluating Rent Dissipation in the Spanish Football Industry," Post-Print hal-00622841, HAL.
    79. Sung-Hoon Park & Jason F. Shogren, 2021. "A Virtuous Circle of Governance Contests with Externalities," Sustainability, MDPI, vol. 13(14), pages 1-12, July.
    80. Will Kielm, 2024. "A contest model of balancing," Journal of Economics, Springer, vol. 141(3), pages 195-221, April.
    81. Leyla D. Karakas, 2018. "Appeasement and compromise under a referendum threat," Economics of Governance, Springer, vol. 19(3), pages 261-283, August.
    82. Shumei Hirai, 2012. "Existence and Uniqueness of Pure Nash Equilibrium in Asymmetric Contests with Endogenous Prizes," Economics Bulletin, AccessEcon, vol. 32(4), pages 2744-2751.
    83. Petros G. Sekeris & Kevin Siqueira, 2021. "Payoff-Improving Competition: Games with Negative Externalities," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 58(3), pages 455-474, May.
    84. Chung, A., 2024. "Target Setting in Contests with Sabotage," Cambridge Working Papers in Economics 2409, Faculty of Economics, University of Cambridge.
    85. Alex Dickson & Ian MacKenzie & Petros G Sekeris, 2020. "Rent dissipation in share contests," Working Papers 2014, University of Strathclyde Business School, Department of Economics.
    86. Baye, Michael R. & Hoppe, Heidrun C., 2003. "The strategic equivalence of rent-seeking, innovation, and patent-race games," Games and Economic Behavior, Elsevier, vol. 44(2), pages 217-226, August.
    87. Damian S. Damianov & Shane Sanders & Anil Yildizparlak, 2018. "Asymmetric endogenous prize contests," Theory and Decision, Springer, vol. 85(3), pages 435-453, October.
    88. Akio Matsumoto & Ferenc Szidarovszky, 2022. "Stability of dynamic asymmetric contests with endogenous prizes," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 17(1), pages 29-40, January.
    89. Helmut Dietl & Egon Franck & Martin Grossmann & Markus Lang, 2009. "Contest Theory and its Applications in Sports," Working Papers 0913, International Association of Sports Economists;North American Association of Sports Economists, revised Mar 2011.
    90. Neil J. Buckley & Stuart Mestelman & R. Andrew Muller & Stephan Schott & Jingjing Zhang, 2018. "The Effects of Communication on the Partnership Solution to the Commons," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 70(2), pages 363-380, June.
    91. Walter Ferrarese, 2022. "Equilibrium effort in games with homogeneous production functions and homogeneous valuation," International Journal of Economic Theory, The International Society for Economic Theory, vol. 18(2), pages 195-212, June.

  4. Tai-Yeong Chung, 1994. "Settlement of Litigation Under Rule 68: An Economic Analysis," University of Western Ontario, Departmental Research Report Series 9422, University of Western Ontario, Department of Economics.

    Cited by:

    1. Dari-Mattiacci, Giuseppe & Saraceno, Margherita, 2020. "Fee shifting and accuracy in adjudication," International Review of Law and Economics, Elsevier, vol. 63(C).
    2. Bruno Deffains, 1997. "L'analyse économique de la résolution des conflits juridiques," Revue Française d'Économie, Programme National Persée, vol. 12(3), pages 57-99.
    3. Brian G Main & Andrew Park, 1998. "An experiment with two-way offers into court: restoring the balance in pre-trial negotiation," Edinburgh School of Economics Discussion Paper Series 28, Edinburgh School of Economics, University of Edinburgh.
    4. Lucian Arye Bebchuk & Howard F. Chang, 2000. "The Effect of Offer-of-Settlement Rules on the Terms of Settlement," NBER Working Papers 6509, National Bureau of Economic Research, Inc.
    5. Brian G Main & Andrew Park, 1999. "The impact of defendant offers into court on negotiation in the shadow of the law: experimental evidence," Edinburgh School of Economics Discussion Paper Series 29, Edinburgh School of Economics, University of Edinburgh.
    6. Main, Brian G. M. & Park, Andrew, 2002. "The impact of defendant offers into court on negotiation in the shadow of the law: experimental evidence," International Review of Law and Economics, Elsevier, vol. 22(2), pages 177-192, August.
    7. Schwab, Christian & Tang, Hin-Yue Benny, 2011. "Die Steuerungswirkungen unterschiedlicher Prozesskostenregelungen: Ein Überblick zum Stand von Theorie und Empirie [The economic effects of alternative fee shifting rules: A review of the theoretic," MPRA Paper 32746, University Library of Munich, Germany.

  5. Chung, T.Y., 1992. "Efficiency of Comparative Negligence: A Game Theoretic Analysis," University of Western Ontario, Departmental Research Report Series 9215, University of Western Ontario, Department of Economics.

    Cited by:

    1. Ram Singh & Francesco Parisi, 2010. "The Efficiency Of Comparative Causation," Working Papers id:2681, eSocialSciences.
    2. Pablo Salvador-Coderch & Nuno Garoupa & Carlos Gómez-Ligüerre, 2009. "Scope of liability: the vanishing distinction between negligence and strict liability," European Journal of Law and Economics, Springer, vol. 28(3), pages 257-287, December.
    3. Dari-Mattiacci Giuseppe & Hendriks Eva S., 2013. "Relative Fault and Efficient Negligence: Comparative Negligence Explained," Review of Law & Economics, De Gruyter, vol. 9(1), pages 1-40, June.
    4. Ram Singh, 2008. "On The Existence and Efficiency of Equilibria Under Liability Rules," Working Papers id:1716, eSocialSciences.
    5. G. Dari Mattiacci & G.G.A. de Geest, 2004. "The Filtering Effect of Sharing Rules," Working Papers 04-17, Utrecht School of Economics.
    6. Ram Singh, 2005. "Comparative Causation -- A Re-examination," Working papers 139, Centre for Development Economics, Delhi School of Economics.
    7. FRANCESCO PARISI & Ram Singh, 2009. "Efficiency Of Equilibria Under Comparative Causation," Working papers 179, Centre for Development Economics, Delhi School of Economics.
    8. D’Antoni, Massimo & Tabbach, Avraham D., 2014. "Inadequate compensation and multiple equilibria," International Review of Law and Economics, Elsevier, vol. 38(C), pages 33-47.
    9. Nuno Garoupa, 2009. "Least-Cost Avoidance: The Tragedy of Common Safety," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 25(1), pages 235-261, May.
    10. Jain Satish K. & Kundu Rajendra P., 2015. "Decomposition of Accident Loss and Efficiency of Liability Rules," Review of Law & Economics, De Gruyter, vol. 11(3), pages 453-480, November.
    11. Singh, Ram, 2007. "‘Causation-consistent’ liability, economic efficiency and the law of torts," International Review of Law and Economics, Elsevier, vol. 27(2), pages 179-203.
    12. Jeonghyun Kim, 2013. "Revisiting the Learned Hand Formula and Economic Analysis of Negligence," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 169(3), pages 407-432, September.
    13. Ogden, Benjamin G. & Hylton, Keith N., 2020. "Incentives to take care under contributory and comparative fault: The role of strategic complementarity," International Review of Law and Economics, Elsevier, vol. 61(C).

  6. Chung, T.Y., 1991. "On the Social Optimality of Liquidated Damage Clauses: An Economic Analysis," University of Western Ontario, Departmental Research Report Series 9102, University of Western Ontario, Department of Economics.

    Cited by:

    1. Kaplow, Louis & Shapiro, Carl, 2007. "Antitrust," Competition Policy Center, Working Paper Series qt9pt7p9bm, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
    2. Hori, Kazumi, 2008. "The role of private benefits in information acquisition," Journal of Economic Behavior & Organization, Elsevier, vol. 68(3-4), pages 626-631, December.
    3. Hatzis, Aristides N., 2002. "Having the cake and eating it too: efficient penalty clauses in Common and Civil contract law," International Review of Law and Economics, Elsevier, vol. 22(4), pages 381-406, December.
    4. Philip Bond, 2008. "Persistent Court Corruption," Economic Journal, Royal Economic Society, vol. 118(531), pages 1333-1353, August.
    5. David Meza & Mariano Selvaggi, 2007. "Exclusive contracts foster relationship-specific investment," RAND Journal of Economics, RAND Corporation, vol. 38(1), pages 85-97, March.
    6. Ottorino Chillemi & Claudio Mezzetti, 2014. "Optimal procurement mechanisms: bidding on price and damages for breach," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 55(2), pages 335-355, February.
    7. Yuxun Zhou & Mohammad Mafizur Rahman & Rasheda Khanam & Brad R. Taylor, 2023. "Alternative Method to Resolve the Principal–Principal Conflict—A New Perspective Based on Contract Theory and Negotiation," Mathematics, MDPI, vol. 11(2), pages 1-30, January.
    8. Hori, Kazumi & 堀, 一三, 2006. "The Bright Side of Private Benefits," Discussion Papers 2006-01, Graduate School of Economics, Hitotsubashi University.
    9. Stefano Comino & Antonio Nicolò & Piero Tedeschi, 2005. "Termination Clauses in Partnerships," Industrial Organization 0509007, University Library of Munich, Germany.
    10. Ronen Avraham & Zhiyong Liu, 2006. "Incomplete Contracts with Asymmetric Information: Exclusive Versus Optional Remedies," American Law and Economics Review, American Law and Economics Association, vol. 8(3), pages 523-561.
    11. Fan Zhang, 2008. "Dynamic Contract Breach," EAG Discussions Papers 200803, Department of Justice, Antitrust Division.
    12. J. Luis Guasch, 2004. "Granting and Renegotiating Infrastructure Concessions : Doing it Right," World Bank Publications - Books, The World Bank Group, number 15024, April.
    13. Burguet, Roberto & Caminal, Ramon & Matutes, Carmen, 1999. "Golden Cages for Showy Birds: Optimal Switching Costs in Labour Markets," CEPR Discussion Papers 2070, C.E.P.R. Discussion Papers.
    14. Muehlheusser, Gerd, 2006. "Regulating Damage Clauses in (Labor) Contracts," IZA Discussion Papers 2367, Institute of Labor Economics (IZA).
    15. Jihong Lee, 2005. "Incomplete Information, Renegotiation, and Breach of Contract," Economics Bulletin, AccessEcon, vol. 3(5), pages 1-7.
    16. Liu, Zhiyong & Avraham, Ronen, 2012. "Ex ante versus ex post expectation damages," International Review of Law and Economics, Elsevier, vol. 32(4), pages 339-355.
    17. Feess, Eberhard & Gerfin, Michael & Muehlheusser, Gerd, 2008. "Contracts as Rent Seeking Devices: Evidence from German Soccer," IZA Discussion Papers 3834, Institute of Labor Economics (IZA).
    18. Ian A. MacKenzie & Markus Ohndorf, 2012. "Restricted Coasean Bargaining," CER-ETH Economics working paper series 12/156, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    19. Motta, Massimo & Fumagalli, Chiara & Rønde, Thomas, 2009. "Exclusive dealing: the interaction between foreclosure and investment promotion," CEPR Discussion Papers 7240, C.E.P.R. Discussion Papers.
    20. Michele Moretto & Gianpaolo Rossini, 1996. "Profit sharing regulation and repeated bargaining with a shut-down option," Review of Economic Design, Springer;Society for Economic Design, vol. 2(1), pages 339-368, December.
    21. Aaron S. Edlin & Stefan Reichelstein, 1995. "Holdups, Standard Breach Remedies, and Optimal Investment," NBER Working Papers 5007, National Bureau of Economic Research, Inc.
    22. Jorge Montesinos & Eduardo Saavedra, 2012. "Algunos Alcances en torno a la Institucionalidad y Renegociación de Concesiones en la Infraestructura de Transporte de Uso Público en Perú," ILADES-UAH Working Papers inv277, Universidad Alberto Hurtado/School of Economics and Business.
    23. Edwin Leuven & Hessel Oosterbeek & Randolph Sloof & Chris van Klaveren, 2002. "Worker Reciprocity and Employer Investment in Training," Tinbergen Institute Discussion Papers 02-090/3, Tinbergen Institute.
    24. Seshimo, Hiroyuki, 2003. "Optimal tenant protection," Regional Science and Urban Economics, Elsevier, vol. 33(1), pages 59-92, January.
    25. Bond, Philip & Newman, Andrew F., 2009. "Prohibitions on punishments in private contracts," Journal of Financial Intermediation, Elsevier, vol. 18(4), pages 526-540, October.

Articles

  1. Yeon-Koo Che & Tai-Yeong Chung, 1999. "Contract Damages and Cooperative Investments," RAND Journal of Economics, The RAND Corporation, vol. 30(1), pages 84-105, Spring.

    Cited by:

    1. Du, Li & Hu, Qiying & Liu, Liming, 2006. "A profit sharing scheme for a two-firm joint venture," European Journal of Operational Research, Elsevier, vol. 170(1), pages 277-292, April.
    2. Xinyu Hua, 2007. "Strategic ex ante contracts: rent extraction and opportunity costs," RAND Journal of Economics, RAND Corporation, vol. 38(3), pages 786-803, September.
    3. Hideshi Itoh & Hodaka Morita, 2015. "Formal Contracts, Relational Contracts, and the Threat-Point Effect," American Economic Journal: Microeconomics, American Economic Association, vol. 7(3), pages 318-346, August.
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    6. De Sousa, José & Fairise, Xavier, 2010. "Do we need handshakes to cooperate in buyer-supplier relationships?," Working Papers 210389, Institut National de la recherche Agronomique (INRA), Departement Sciences Sociales, Agriculture et Alimentation, Espace et Environnement (SAE2).
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    8. Oliver Hart & John Moore, 2004. "AGREEING NOW TO AGREE LATER: Contracts that Rule Out but do not Rule In," STICERD - Theoretical Economics Paper Series 472, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    9. Sloof, Randolph & Oosterbeek, Hessel & Riedl, Arno & Sonnemans, Joep, 2006. "Breach remedies, reliance and renegotiation," International Review of Law and Economics, Elsevier, vol. 26(3), pages 263-296, September.
    10. Bebchuk, Lucian Arye & Png, I. P. L., 1999. "Damage measures for inadvertant breach of contract," International Review of Law and Economics, Elsevier, vol. 19(3), pages 319-331, September.
    11. Guo, Di & Hua, Xinyu & Jiang, Kun, 2017. "Agency and strategic contracts: Theory and evidence from R&D agreements in the pharmaceutical industry," International Journal of Industrial Organization, Elsevier, vol. 54(C), pages 37-64.
    12. Sell, Friedrich L. & Wiens, Marcus, 2005. "Vertrauen: Substitut oder Komplement zu formellen Institutionen?," Working Papers in Economics 2005,1, Bundeswehr University Munich, Economic Research Group.
    13. Stremitzer, Alexander, 2008. "Standard Breach Remedies, Quality Thresholds, and Cooperative Investments," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 242, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    14. 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.
    15. 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.
    16. Calcott Paul & Petkov Vladimir P, 2010. "Contracting for Dynamic Efficiency," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 10(1), pages 1-22, August.
    17. Charles North, 2001. "Remedies for misrepresentation in applications in the presence of fraudulent intent," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 29(2), pages 162-176, June.
    18. Casadesus-Masanell, Ramon & Spulber, Daniel F, 2000. "The Fable of Fisher Body," Journal of Law and Economics, University of Chicago Press, vol. 43(1), pages 67-104, April.
    19. Bester, Helmut & Krähmer, Daniel, 2012. "Exit options in incomplete contracts with asymmetric information," Journal of Economic Theory, Elsevier, vol. 147(5), pages 1947-1968.
    20. Alessandro De Chiara, 2018. "Courts' Decisions, Cooperative Investments, and Incomplete Contracts," CEU Working Papers 2018_5, Department of Economics, Central European University.
    21. Bester, Helmut & Krähmer, Daniel, 2013. "Exit Options and the Allocation of Authority," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 401, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    22. Stefano Comino & Antonio Nicolò & Piero Tedeschi, 2005. "Termination Clauses in Partnerships," Industrial Organization 0509007, University Library of Munich, Germany.
    23. M'Hand Farès & Stéphane Saussier, 2002. "Coûts de transaction et contrats incomplets," Revue Française d'Économie, Programme National Persée, vol. 16(3), pages 193-230.
    24. Grant, Simon & Kline, Jeff & Quiggin, John, "undated". "Ambiguous contracts: a syntactic approach," Risk and Sustainable Management Group Working Papers 153052, University of Queensland, School of Economics.
    25. Ronen Avraham & Zhiyong Liu, 2006. "Incomplete Contracts with Asymmetric Information: Exclusive Versus Optional Remedies," American Law and Economics Review, American Law and Economics Association, vol. 8(3), pages 523-561.
    26. Fan Zhang, 2008. "Dynamic Contract Breach," EAG Discussions Papers 200803, Department of Justice, Antitrust Division.
    27. Grant, Simon & Kline, Jeff & Quiggin, John, "undated". "A Matter of Interpretation: Ambiguous Contracts and Liquidated Damages," Risk and Sustainable Management Group Working Papers 151204, University of Queensland, School of Economics.
    28. Göller, Daniel & Stremitzer, Alexander, 2014. "Breach remedies inducing hybrid investments," International Review of Law and Economics, Elsevier, vol. 37(C), pages 26-38.
    29. Schweizer, Urs, 2013. "Acquisition and Disclosure of Information as a Hold-up Problem," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 428, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    30. Donald B. Hausch & Yeon-Koo Che, 1999. "Cooperative Investments and the Value of Contracting," American Economic Review, American Economic Association, vol. 89(1), pages 125-147, March.
    31. Burguet, Roberto & Caminal, Ramon & Matutes, Carmen, 1999. "Golden Cages for Showy Birds: Optimal Switching Costs in Labour Markets," CEPR Discussion Papers 2070, C.E.P.R. Discussion Papers.
    32. Steven Shavell, 2003. "Economic Analysis of Contract Law," NBER Working Papers 9696, National Bureau of Economic Research, Inc.
    33. Alan Schwartz & Joel Watson, 2000. "Economic and Legal Aspects of Costly Recontracting," Yale School of Management Working Papers ysm143, Yale School of Management, revised 01 Jan 2001.
    34. Ola Kvaløy & Trond E. Olsen, 2009. "Endogenous Verifiability and Relational Contracting," American Economic Review, American Economic Association, vol. 99(5), pages 2193-2208, December.
    35. Vercammen James, 2002. "Cooperative Investment and the Value of Contracting with Transaction Costs," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 1(1), pages 1-14, September.
    36. Göller, Daniel & Stremitzer, Alexander, 2009. "Breach Remedies Including Hybrid Investments," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 282, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    37. De Chiara, Alessandro, 2020. "Precontractual investment and modes of procurement," European Economic Review, Elsevier, vol. 124(C).
    38. Hege, U. & Viala, P., 1997. "Contentious Contracts," Discussion Paper 1997-109, Tilburg University, Center for Economic Research.
    39. Marie-Laure Allain & Claire Chambolle & Patrick Rey, 2016. "Vertical Integration as a Source of Hold-up," Post-Print hal-03523213, HAL.
    40. Yongmin Chen & David E. M. Sappington, 2011. "Exclusive Contracts, Innovation, and Welfare," American Economic Journal: Microeconomics, American Economic Association, vol. 3(2), pages 194-220, May.
    41. Erol Akçay & Adam Meirowitz & Kristopher W. Ramsay, 2018. "Two-sided unobservable investment, bargaining, and efficiency," Review of Economic Design, Springer;Society for Economic Design, vol. 22(3), pages 123-147, December.
    42. Brooks, Richard & Stremitzer, Alexander, 2009. "On and Off Contract Remedies," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 290, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    43. Amihai Glazer & Stef Proost, 2008. "Signaling Commitment by Excessive Spending," Working Papers 070811, University of California-Irvine, Department of Economics.
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    46. Nicola Meccheri, 2009. "Large Breach Penalties and Managers´ Incentives to Invest Inside or Outside Firms," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 165(4), pages 598-621, December.
    47. Roider, Andreas, 2003. "Delegation of Authority as an Optimal (In)complete Contract," Bonn Econ Discussion Papers 8/2003, University of Bonn, Bonn Graduate School of Economics (BGSE).
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  2. Tai-Yeong Chung, 1998. "Commitment Through Specific Investment in Contractual Relationships," Canadian Journal of Economics, Canadian Economics Association, vol. 31(5), pages 1057-1075, November.
    See citations under working paper version above.
  3. Chung, Tai-Yeong, 1996. "Settlement of Litigation under Rule 68: An Economic Analysis," The Journal of Legal Studies, University of Chicago Press, vol. 25(1), pages 261-286, January.
    See citations under working paper version above.
  4. Chung, Tai-Yeong, 1996. "Rent-Seeking Contest When the Prize Increases with Aggregate Efforts," Public Choice, Springer, vol. 87(1-2), pages 55-66, April.
    See citations under working paper version above.
  5. Chung, Tai-Yeong, 1995. "On Strategic Commitment: Contracting versus Investment," American Economic Review, American Economic Association, vol. 85(2), pages 437-441, May.

    Cited by:

    1. Jie-A-Joen, C. & Belderbos, R.A. & Sleuwaegen, L., 1998. "Local content requirements, vertical cooperation, and foreign direct investment," Research Memorandum 001, Maastricht University, Netherlands Institute of Business Organization and Strategy Research (NIBOR).
    2. Luca Anderlini & Leonardo Felli & Giovanni Immordino & Alessandro Riboni, 2011. "Legal Institutions, Innovation and Growth," CESifo Working Paper Series 3489, CESifo.
    3. Mehlum, Halvor & Ove Moene, Karl, 2011. "Aggressive elites and vulnerable entrepreneurs - trust and cooperation in the shadow of conflict," Memorandum 16/2010, Oslo University, Department of Economics.
    4. Michele Moretto & Gianpaolo Rossini, 1996. "Profit sharing regulation and repeated bargaining with a shut-down option," Review of Economic Design, Springer;Society for Economic Design, vol. 2(1), pages 339-368, December.
    5. Vincenzo Scoppa, 2003. "The Role of Turnover Costs in the Enforcement of Performance–Related Pay Contracts," Metroeconomica, Wiley Blackwell, vol. 54(1), pages 60-78, February.
    6. Jorge Montesinos & Eduardo Saavedra, 2012. "Algunos Alcances en torno a la Institucionalidad y Renegociación de Concesiones en la Infraestructura de Transporte de Uso Público en Perú," ILADES-UAH Working Papers inv277, Universidad Alberto Hurtado/School of Economics and Business.

  6. Chung, Tai-Yeong, 1993. "Efficiency of Comparative Negligence: A Game Theoretic Analysis," The Journal of Legal Studies, University of Chicago Press, vol. 22(2), pages 395-404, June.
    See citations under working paper version above.
  7. Chung, Tai-Yeong, 1992. "Efficient investment through renegotiation of simple contracts," Economics Letters, Elsevier, vol. 40(3), pages 281-285, November.

    Cited by:

    1. Camille Chaserant, 2007. "Les fondements incomplets de l’incomplétude : Une revue critique de la théorie des contrats incomplets," L'Actualité Economique, Société Canadienne de Science Economique, vol. 83(2), pages 227-253.

  8. Chung, Tai-Yeong, 1992. "On the Social Optimality of Liquidated Damage Clauses: An Economic Analysis," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 8(2), pages 280-305, April.
    See citations under working paper version above.
  9. Tai-Yeong Chung, 1991. "Incomplete Contracts, Specific Investments, and Risk Sharing," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(5), pages 1031-1042.

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    1. José De Sousa & Xavier Fairise, 2009. "Do we need handshakes to cooperate in buyer-supplier relationships?," Documents de recherche 09-15, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
    2. Rodriguez-Garcia, P. & Menéndez-Requejo, S., 2020. "Family Constitution to manage family firms' agency conflicts," MPRA Paper 120016, University Library of Munich, Germany.
    3. Zoe Hitzig & Benjamin Niswonger, 2022. "Optimal Defaults, Limited Enforcement and the Regulation of Contracts," Papers 2203.01233, arXiv.org, revised May 2022.
    4. Chakravarty, Surajeet & MacLeod, W. Bentley, 2006. "Construction Contracts (or: "How to Get the Right Building at the Right Price?")," IZA Discussion Papers 2125, Institute of Labor Economics (IZA).
    5. Pennings, Enrico, 2017. "Real options with ex-post division of the surplus," Journal of Banking & Finance, Elsevier, vol. 81(C), pages 200-206.
    6. Klaus Schmidt, 1998. "Sequential Investments and Options to Own," CESifo Working Paper Series 160, CESifo.
    7. Xinyu Hua, 2007. "Strategic ex ante contracts: rent extraction and opportunity costs," RAND Journal of Economics, RAND Corporation, vol. 38(3), pages 786-803, September.
    8. Telalagic, S., 2012. "Domestic Production as a Source of Marital Power: Theory and Evidence from Malawi," Cambridge Working Papers in Economics 1243, Faculty of Economics, University of Cambridge.
    9. Hoppe, Eva I. & Schmitz, Patrick W., 2011. "Can contracts solve the hold-up problem? Experimental evidence," Games and Economic Behavior, Elsevier, vol. 73(1), pages 186-199, September.
    10. Christoph Lülfesmann, 2021. "Strategic Shirking in Bilateral Trade," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(4), pages 1292-1313, October.
    11. Bester, Helmut, 2009. "Investments and the Holdup Problem in a Matching Market," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 263, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    12. Luca Anderlini & Leonardo Felli, 1999. "Incomplete Contracts and Complexity Costs," Theory and Decision, Springer, vol. 46(1), pages 23-50, February.
    13. Stefan Wielenberg, 2000. "Negotiated Transfer Pricing, Specific Investment, and Optimal Capacity Choice," Review of Accounting Studies, Springer, vol. 5(3), pages 197-216, September.
    14. Oliver Hart & John Moore, 2004. "AGREEING NOW TO AGREE LATER: Contracts that Rule Out but do not Rule In," STICERD - Theoretical Economics Paper Series 472, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    15. David, Thomas & Troege, Michael & Nguyen, Hiep Manh & Nguyen, Hang Thu, 2024. "Relationship-specific investments for up- and downstream firms and credit constraints," Journal of Corporate Finance, Elsevier, vol. 84(C).
    16. Capponi, Agostino & Jia, Ruizhe & Wang, Kanye Ye, 2025. "Maximal extractable value and allocative inefficiencies in public blockchains," Journal of Financial Economics, Elsevier, vol. 172(C).
    17. De Fraja, Gianni, 1999. "After You Sir. Hold-Up, Direct Externalities, and Sequential Investment," Games and Economic Behavior, Elsevier, vol. 26(1), pages 22-39, January.
    18. Bos, Dieter & De Fraja, Gianni, 2002. "Quality and outside capacity in the provision of health services," Journal of Public Economics, Elsevier, vol. 84(2), pages 199-218, May.
    19. Guo, Di & Hua, Xinyu & Jiang, Kun, 2017. "Agency and strategic contracts: Theory and evidence from R&D agreements in the pharmaceutical industry," International Journal of Industrial Organization, Elsevier, vol. 54(C), pages 37-64.
    20. Chris Shugart, 1998. "Regulation-by-Contract and Municipal Services: The Problem of Contractual Incompleteness," Development Discussion Papers 1998-09, JDI Executive Programs.
    21. Göller, Daniel, 2012. "Expectation Damages and Bilateral Cooperative Investments," VfS Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century 62047, Verein für Socialpolitik / German Economic Association.
    22. Luis Vasconcelos, 2006. "Contractual signalling, relationship-specific investment and exclusive agreements," Nova SBE Working Paper Series wp495, Universidade Nova de Lisboa, Nova School of Business and Economics.
    23. Shingo Ishiguro, 2007. "Holdup, Search and Inefficiency," Discussion Papers in Economics and Business 07-13, Osaka University, Graduate School of Economics.
    24. Stremitzer, Alexander, 2008. "Standard Breach Remedies, Quality Thresholds, and Cooperative Investments," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 242, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    25. Jose De Sousa & Xavier Fairise, 2013. "On the value of partial commitment for cooperative investment in buyer-supplier relationship," TEPP Working Paper 2013-08, TEPP.
    26. Andreas Roider, 2004. "Asset Ownership and Contractibility of Interaction," RAND Journal of Economics, The RAND Corporation, vol. 35(4), pages 787-802, Winter.
    27. Mehrdad VAHABI, 2001. "The Soft Budget Constraint : A Theoretical Clarification," Discussion Papers (REL - Recherches Economiques de Louvain) 2001024, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    28. 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.
    29. Tim Baldenius & Stefan Reichelstein & Savita A. Sahay, 1999. "Negotiated versus Cost-Based Transfer Pricing," Review of Accounting Studies, Springer, vol. 4(2), pages 67-91, June.
    30. Surajeet Chakravarty & W. Bentley MacLeod, 2008. "Contracting in the Shadow of the Law," NBER Working Papers 13960, National Bureau of Economic Research, Inc.
    31. Mhand Fares, 2005. "Direct externalities, specific performance and renegotiation design," Economics Bulletin, AccessEcon, vol. 3(28), pages 1-7.
    32. Maug, Ernst, 1997. "Boards of directors and capital structure: Alternative forms of corporate restructuring," Journal of Corporate Finance, Elsevier, vol. 3(2), pages 113-139, April.
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    34. Che, Yeon-Koo, 2000. "Can a Contract Solve Hold-Up When Investments Have Externalities? A Comment on De Fraja (1999)," Games and Economic Behavior, Elsevier, vol. 33(2), pages 195-205, November.
    35. Ilya Segal & Michael D.Whinston, 2012. "Property Rights [The Handbook of Organizational Economics]," Introductory Chapters,, Princeton University Press.
    36. Bester, Helmut & Krähmer, Daniel, 2008. "Exit Options in Incomplete Contracts with Asymmetric Information," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 251, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    37. Casadesus-Masanell, Ramon & Spulber, Daniel F, 2000. "The Fable of Fisher Body," Journal of Law and Economics, University of Chicago Press, vol. 43(1), pages 67-104, April.
    38. Schmitz, Patrick W., 2002. "On simple contracts, renegotiation under asymmetric information, and the hold-up problem," MPRA Paper 12530, University Library of Munich, Germany.
    39. Buzard, Kristy & Watson, Joel, 2010. "Contract, Renegotiation, and Hold Up: Results on the Technology of Trade and Investment," University of California at San Diego, Economics Working Paper Series qt3df3q4vg, Department of Economics, UC San Diego.
    40. Rosella Levaggi & Moretto Michele, 2008. "Investment In Hospital Care Technology Under Different Purchasing Rules: A Real Option Approach," Bulletin of Economic Research, Wiley Blackwell, vol. 60(2), pages 159-181, April.
    41. Zhu, Tian, 2000. "Holdups, simple contracts and information acquisition," Journal of Economic Behavior & Organization, Elsevier, vol. 42(4), pages 549-560, August.
    42. Chongwoo Choe, 2006. "Optimal CEO Compensation: Some Equivalence Results," Journal of Labor Economics, University of Chicago Press, vol. 24(1), pages 171-201, January.
    43. Sabine Böckem & Ulf Schiller, 2008. "Option Contracts in Supply Chains," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 17(1), pages 219-245, March.
    44. Schwartz, Alan & Watson, Joel, 2000. "Economic and Legal Aspects of Costly Recontracting," University of California at San Diego, Economics Working Paper Series qt4jr3g3h7, Department of Economics, UC San Diego.
    45. Alessandro De Chiara, 2018. "Courts' Decisions, Cooperative Investments, and Incomplete Contracts," CEU Working Papers 2018_5, Department of Economics, Central European University.
    46. Bester, Helmut & Krähmer, Daniel, 2013. "Exit Options and the Allocation of Authority," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 401, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    47. Eduardo Saavedra, "undated". "Renegotiating Incomplete Contracts: Over and Under Investment of Concessioned Public Infrastructure," ILADES-UAH Working Papers inv106, Universidad Alberto Hurtado/School of Economics and Business.
    48. Aaron S. Edlin & Benjamin E. Hermalin, 1997. "Contract Renegotiation in Agency Problems," NBER Working Papers 6086, National Bureau of Economic Research, Inc.
    49. Eric Maskin & John Moore, 1998. "Implementation and Renegotiation - (Now published in Review of Economic Studies, vol.66 (1), 1999, pp.39-56.)," STICERD - Theoretical Economics Paper Series 366, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    50. Steven Shavell, 2005. "Contracts, Holdup, and Legal Intervention," NBER Working Papers 11284, National Bureau of Economic Research, Inc.
    51. Yoon, Dae-Hee, 2018. "Strategic delegation, stock options, and investment hold-up problems," Accounting, Organizations and Society, Elsevier, vol. 71(C), pages 1-14.
    52. Tim Baldenius, 2000. "Intrafirm Trade, Bargaining Power, and Specific Investments," Review of Accounting Studies, Springer, vol. 5(1), pages 27-56, March.
    53. Susheng Wang & Tian (Tim) Zhu, 2000. "Bargaining, Revenue Sharing and Control Rights Allocation," Econometric Society World Congress 2000 Contributed Papers 0373, Econometric Society.
    54. Schmitz, Patrick W., 2005. "Should Contractual Clauses that Forbid Renegotiation Always be Enforced?," Bonn Econ Discussion Papers 26/2005, University of Bonn, Bonn Graduate School of Economics (BGSE).
    55. Daniel Cardona & Antoni Rubí-Barceló, 2013. "Investments in managerial skills and bargaining over inputs," DEA Working Papers 54, Universitat de les Illes Balears, Departament d'Economía Aplicada.
    56. Felipe Balmaceda, 2005. "Firm-Sponsored General Training," Journal of Labor Economics, University of Chicago Press, vol. 23(1), pages 115-134, January.
    57. Grant, Simon & Kline, Jeff & Quiggin, John, "undated". "A Matter of Interpretation: Ambiguous Contracts and Liquidated Damages," Risk and Sustainable Management Group Working Papers 151204, University of Queensland, School of Economics.
    58. Göller, Daniel & Stremitzer, Alexander, 2014. "Breach remedies inducing hybrid investments," International Review of Law and Economics, Elsevier, vol. 37(C), pages 26-38.
    59. Steven Shavell, 2007. "Contractual Holdup and Legal Intervention," The Journal of Legal Studies, University of Chicago Press, vol. 36(2), pages 325-354, June.
    60. Donald B. Hausch & Yeon-Koo Che, 1999. "Cooperative Investments and the Value of Contracting," American Economic Review, American Economic Association, vol. 89(1), pages 125-147, March.
    61. Nicole Bastian Johnson, 2006. "Divisional performance measurement and transfer pricing for intangible assets," Review of Accounting Studies, Springer, vol. 11(2), pages 339-365, September.
    62. Aghion, Philippe & Dewatripont, Mathias & Rey, Patrick, 2002. "On partial contracting," European Economic Review, Elsevier, vol. 46(4-5), pages 745-753, May.
    63. Ewerhart, Christian & Schmitz, Patrick W., 2000. ""Yes men", integrity, and the optimal design of incentive contracts," Journal of Economic Behavior & Organization, Elsevier, vol. 43(1), pages 115-125, September.
    64. Steven Shavell, 2003. "Economic Analysis of Contract Law," NBER Working Papers 9696, National Bureau of Economic Research, Inc.
    65. Yossef Spiegel, 1996. "The Role of Debt in Procurement Contracts," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 5(3), pages 379-407, September.
    66. Pascale Crama & Bert De Reyck & Niyazi Taneri, 2017. "Licensing Contracts: Control Rights, Options, and Timing," Management Science, INFORMS, vol. 63(4), pages 1131-1149, April.
    67. Ayşe Mumcu, 2010. "Strategic Withholding Of Firm‐Specific Skills In Wage Bargaining," Scottish Journal of Political Economy, Scottish Economic Society, vol. 57(2), pages 187-211, May.
    68. Mühlbacher Axel, 2007. "Die Ausgestaltung von Versorgungsverträgen: Eine vertragstheoretische Analyse / A Contract Theory Approach to Health Care Contracting," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 227(5-6), pages 765-786, October.
    69. Alessandro De Chiara, 2025. "Courts’ Decisions, Cooperative Investments, and Incomplete Contracts," The Journal of Legal Studies, University of Chicago Press, vol. 54(1), pages 117-164.
    70. Sabine Böckem & Ulf Schiller, 2004. "Transfer Pricing and Hold‐Ups in Supply Chains," German Economic Review, Verein für Socialpolitik, vol. 5(2), pages 211-230, May.
    71. Troger, Thomas, 2002. "Double Auctions, Ex-Post Participation Constraints, and the Hold-Up Problem," University of California at Santa Barbara, Economics Working Paper Series qt5qv060md, Department of Economics, UC Santa Barbara.
    72. Bengtsson, Niklas, 2011. "Regulation Failure and CO2-emissions: An Experimental Investigation of the Cape Town Taxi Market," Working Paper Series, Center for Labor Studies 2011:13, Uppsala University, Department of Economics, revised 12 Aug 2013.
    73. Rebecca Stone & Alexander Stremitzer, 2020. "Promises, Reliance, and Psychological Lock-In," The Journal of Legal Studies, University of Chicago Press, vol. 49(1), pages 33-72.
    74. Vishal Agrawal & Nektarios Oraiopoulos, 2020. "The Role of Decision Rights in Codevelopment Initiatives," Manufacturing & Service Operations Management, INFORMS, vol. 22(4), pages 832-849, July.
    75. Göller, Daniel & Stremitzer, Alexander, 2009. "Breach Remedies Including Hybrid Investments," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 282, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
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