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Leonardo Felli

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:

    Mentioned in:

    1. Human capital policies and inequality in recessions’ times
      by laurence-df in OFCE le blog on 2012-12-20 16:52:08
    2. H-Index for Journals
      by Francis Diebold in No Hesitations on 2018-03-08 17:47:00

Working papers

  1. Anderlini, L. & Felli, L. & Piccone, M., 2022. "The Emergence of Enforcement," Cambridge Working Papers in Economics 2250, Faculty of Economics, University of Cambridge.

    Cited by:

    1. Caitlin S. Brown & Martin Ravallion, 2022. "Inequality and Social Distancing during the Pandemic," NBER Working Papers 30540, National Bureau of Economic Research, Inc.

  2. Giacomo Calzolari & Leonardo Felli & Johannes Koenen & Giancarlo Spagnolo & Konrad O. Stahl, 2021. "Relational Contracts and Trust in a High-Tech Industry," CRC TR 224 Discussion Paper Series crctr224_2021_316, University of Bonn and University of Mannheim, Germany.

    Cited by:

    1. Keefer, Philip & Vlaicu, Razvan, 2022. "Employee Trust and Performance Constraints in Public Sector Organizations," IDB Publications (Working Papers) 12572, Inter-American Development Bank.
    2. Macchiavello, Rocco & Morjaria, Ameet, 2022. "Empirical approaches to trust and relational contracts," LSE Research Online Documents on Economics 115069, London School of Economics and Political Science, LSE Library.
    3. Luca Anderlini & Leonardo Felli & Michele Piccione, 2024. "The Emergence of Enforcement," CSEF Working Papers 711, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    4. Rocco Macchiavello & Ameet Morjaria, 2023. "Relational Contracts: Recent Empirical Advancements and Open Questions," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 179(3-4), pages 673-700.

  3. Giacomo Calzolari & Leonardo Felli & Johannes Koenen & Giancarlo Spagnolo & Konrad O. Stahl, 2019. "Trust, Investment and Competition: Theory and Evidence From German Car Manufacturers," CRC TR 224 Discussion Paper Series crctr224_2019_081, University of Bonn and University of Mannheim, Germany.

    Cited by:

    1. Akifumi Ishihara, 2020. "On Multitasking and Job Design in Relational Contracts," Journal of Industrial Economics, Wiley Blackwell, vol. 68(4), pages 693-736, December.
    2. Hahn, Nadine, 2024. "Who is in the driver's seat? Markups, markdowns, and profit sharing in the car industry," ZEW Discussion Papers 24-047, ZEW - Leibniz Centre for European Economic Research.
    3. Alessandro De Chiara, 2015. "Precontractual Investment and Modes of Procurement," Working Papers ECARES ECARES 2015-24, ULB -- Universite Libre de Bruxelles.

  4. Felli, Leonardo & Anderlini, Luca & Immordino, Giovanni, 2018. "Costly Pretrial Agreements," CEPR Discussion Papers 13074, C.E.P.R. Discussion Papers.

    Cited by:

    1. Schmitz, Patrick W. & Müller, Daniel, 2016. "Optimal Ownership of Public Goods in the Presence of Transaction Costs," CEPR Discussion Papers 11632, C.E.P.R. Discussion Papers.
    2. Schmitz, Patrick W., 2023. "Completely relationship-specific investments, transaction costs, and the property rights theory," Economics Letters, Elsevier, vol. 226(C).
    3. Ben Chen & José A. Rodrigues-Neto, 2023. "The interaction of emotions and cost-shifting rules in civil litigation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(3), pages 841-885, April.

  5. Spagnolo, Giancarlo & Calzolari, Giacomo & Felli, Leonardo & Koenen, Johannes & Stahl, Konrad, 2017. "Relational Contracts, Competition and Innovation: Theory and Evidence from German Car Manufacturers," CEPR Discussion Papers 12267, C.E.P.R. Discussion Papers.

    Cited by:

    1. Oliver Falck & Johannes Koenen, 2020. "Rohstoff „Daten“: Volkswirtschaflicher Nutzen von Datenbereitstellung – eine Bestandsaufnahme," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 113, July.
    2. Oksana Loginova & Niladri B. Syam, 2020. "Sourcing Co-Created Products: Should Your Suppliers Collaborate on Cost Reductions?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 56(2), pages 329-355, March.
    3. Oliver Falck & Johannes Koenen, 2020. "Resource “Data”: Economic Benefits of Data Provision," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 21(03), pages 31-41, September.

  6. Luca Anderlini & Leonardo Felli & Alessandro Riboni, 2016. "Legal Efficiency and Consistency," Working Papers 2016-22, Center for Research in Economics and Statistics.

    Cited by:

    1. Luca Anderlini & Leonardo Felli & Alessandro Riboni, 2018. "Legal Efficiency and Consistency," Working Papers gueconwpa~18-18-12, Georgetown University, Department of Economics.

  7. Leonardo Felli & Rafael Hortala-Vallve, 2015. "Collusion, Blackmail and Whistle-Blowing," CESifo Working Paper Series 5343, CESifo.

    Cited by:

    1. Alessandro De Chiara & Luca Livio & Jorge Ponce, 2018. "Flexible and mandatory banking supervision," ULB Institutional Repository 2013/266998, ULB -- Universite Libre de Bruxelles.
    2. Mehmet Baç, 2023. "Quid pro quo harassment, contracts and liability," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(1), pages 24-45, February.
    3. Paolo Buccirossi & Giovanni Immordino & Giancarlo Spagnolo, 2021. "Whistleblower rewards, false reports, and corporate fraud," European Journal of Law and Economics, Springer, vol. 51(3), pages 411-431, June.

  8. Giacomo Calzolari & Leonardo Felli & Johannes Koenen & Giancarlo Spagnolo & Konrad O. Stahl, 2015. "Trust, Competition and Innovation: Theory and Evidence from German Car Manufacturers," CESifo Working Paper Series 5229, CESifo.

    Cited by:

    1. Iossa, Elisabetta & Che, Yeon-Koo & Rey, Patrick, 2017. "Prizes versus Contracts as Incentives for Innovation," CEPR Discussion Papers 11904, C.E.P.R. Discussion Papers.
    2. Dinah Cohen-Vernik & Oksana Loginova & Niladri B. Syam, 2016. "Sourcing Co-Created Products: Should your Suppliers Collaborate?," Working Papers 1618, Department of Economics, University of Missouri, revised 14 Aug 2018.
    3. Ricard Gil & Giorgio Zanarone, 2016. "New Frontiers in Empirical Research on Informal Contracting," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 172(2), pages 390-407, June.
    4. Elisabetta Iossa & Federico Biagi & Paola Valbonesi, 2016. "Pre-commercial Procurement, Procurement of Innovative Solutions and Innovation Partnerships in the EU: Rationale and Strategy," IEFE Working Papers 89, IEFE, Center for Research on Energy and Environmental Economics and Policy, Universita' Bocconi, Milano, Italy.

  9. Baccara, Mariagiovanna & Collard-Wexler, Allan & Felli, Leonardo & Yariv, Leeat, 2014. "Child adoption matching: preferences for gender and race," LSE Research Online Documents on Economics 46795, London School of Economics and Political Science, LSE Library.

    Cited by:

    1. Simon Clark, 2020. ""You're Just My Type!" Matching and Payoffs When Like Attracts Like," Edinburgh School of Economics Discussion Paper Series 295, Edinburgh School of Economics, University of Edinburgh.
    2. Morten Hedegaard & Jean-Robert Tyran, 2014. "The Price of Prejudice," Discussion Papers 14-05, University of Copenhagen. Department of Economics.
    3. Pierre-André CHIAPPORI & Sonia OREFFICE & Climent QUINTANA-DOMEQUE, 2016. "Black-White Marital Matching: Race, Anthtopometrics and Socioeconomics," JODE - Journal of Demographic Economics, Cambridge University Press, vol. 82(4), pages 399-421, December.
    4. Juan Pantano & Qi Li, 2013. "The Demographic Consequences of Gender Selection Technology," 2013 Meeting Papers 1161, Society for Economic Dynamics.
    5. Jiaming Soh & Kegon T. K. Tan, 2020. "The Nurture Effects of Multidimensional Parental Skills on College Attainment," Journal of Human Capital, University of Chicago Press, vol. 14(1), pages 1-42.
    6. Khun, Channary & Lahiri, Sajal, 2017. "The economics of international child adoption: An analysis of adoptions by U.S. parents," The Quarterly Review of Economics and Finance, Elsevier, vol. 64(C), pages 22-31.
    7. Cameron Taylor, 2024. "Why do families foster children? A Beckerian approach," Review of Economics of the Household, Springer, vol. 22(1), pages 261-293, March.
    8. Baccara, Mariagiovanna & Lee, SangMok & Yariv, Leeat, 2020. "Optimal dynamic matching," Theoretical Economics, Econometric Society, vol. 15(3), July.
    9. Vincent W. Slaugh & Mustafa Akan & Onur Kesten & M. Utku Ünver, 2016. "The Pennsylvania Adoption Exchange Improves Its Matching Process," Interfaces, INFORMS, vol. 46(2), pages 133-153, April.
    10. Johannes Baumler & Martin Bullinger & Stefan Kober & Donghao Zhu, 2022. "Superiority of Instantaneous Decisions in Thin Dynamic Matching Markets," Papers 2206.10287, arXiv.org, revised Jun 2023.
    11. Bethmann, Dirk & Kvasnicka, Michael, 2012. "A Theory of Child Adoption," IZA Discussion Papers 6689, Institute of Labor Economics (IZA).
    12. Daniela V. Negraia & Jill E. Yavorsky & Denys Dukhovnov, 2019. "Mothers' and fathers' well-being while parenting: does the gender composition of children matter?," MPIDR Working Papers WP-2019-013, Max Planck Institute for Demographic Research, Rostock, Germany.
    13. Stone, Blayne D., 2024. "On your mark, get set, go: The athletic recruitment and postsecondary experiences of Black male college athletes formerly in foster care," Children and Youth Services Review, Elsevier, vol. 161(C).
    14. Domnisoru, Ciprian & Miller, Robert A., 2025. "Planning for Family Succession," IZA Discussion Papers 17800, Institute of Labor Economics (IZA).
    15. Terence Highsmith, 2024. "Dynamic Envy-Free Permanency in Child Welfare Systems," Papers 2411.09817, arXiv.org, revised Nov 2024.
    16. Channary Khun & Sajal Lahiri & Sokchea Lim, 2020. "Why Do U.S. Parents Prefer Private To Foster Care Adoptions? The Role Of Adoption Subsidies, Gender, Race, And Special Needs," Economic Inquiry, Western Economic Association International, vol. 58(4), pages 1757-1782, October.

  10. Luca Anderlini & Leonardo Felli & Giovanni Immordino & Alessandro Riboni, 2011. "Legal Institutions, Innovation and Growth," CESifo Working Paper Series 3489, CESifo.

    Cited by:

    1. Dung Phuong Hoang & Lan Khanh Chu, 2023. "Progression to Higher Economic Complexity: The Role of Institutions," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(4), pages 4339-4366, December.
    2. Viktor Koval & Oksana Borodina & Iryna Lomachynska & Piotr Olczak & Anzor Mumladze & Dominika Matuszewska, 2022. "Model Analysis of Eco-Innovation for National Decarbonisation Transition in Integrated European Energy System," Energies, MDPI, vol. 15(9), pages 1-19, May.
    3. Luca Anderlini & Leonardo Felli & Giovanni Immordino & Alessandro Riboni, 2010. "Legal Institutions, Innovation and Growth," CSEF Working Papers 256, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    4. Samuel Amponsah Odei, 2024. "The relationship between perceived institutional conditions and firm-level innovations in emerging markets: Moderating effects of firm ownerships," PLOS ONE, Public Library of Science, vol. 19(1), pages 1-25, January.
    5. Yuichi FURUKAWA & Sumiko NIWA, 2021. "Deflation and Declining Business Dynamism in a Cash-in-Advance Economy," Discussion papers 21058, Research Institute of Economy, Trade and Industry (RIETI).
    6. Immordino, Giovanni & Polo, Michele, 2014. "Antitrust, legal standards and investment," International Review of Law and Economics, Elsevier, vol. 40(C), pages 36-50.
    7. Massenot, Baptiste, 2010. "Contract enforcement, litigation, and economic development," MPRA Paper 27501, University Library of Munich, Germany.
    8. Massenot, Baptiste, 2011. "Financial development in adversarial and inquisitorial legal systems," Journal of Comparative Economics, Elsevier, vol. 39(4), pages 602-608.
    9. Adomako, Samuel & Medase, Stephen Kehinde & Zhang, Stephen X., 2024. "How and when adversity breeds ingenuity in an emerging market: Environmental threats, co-innovation, and frugal innovation," Research Policy, Elsevier, vol. 53(8).
    10. Yuichi Furukawa & Tat-kei Lai & Kenji Sato Sato, 2023. "Love of Novelty: A Source of Innovation-Based Growth... or Underdevelopment Traps?," Working Papers 2023-iFlame-03, IESEG School of Management.
    11. Giovanni Immordino & Michele Polo, 2012. "Antitrust in Innovative Industries: the Optimal Legal Standards," Working Papers 434, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    12. Leontitsis, Alexandros & Philippas, Dionisis & Sickles, Robin C. & Tziogkidis, Panagiotis, 2018. "Evaluating countries’ innovation potential: an international perspective," Working Papers 18-011, Rice University, Department of Economics.
    13. Furukawa, Yuichi & Lai, Tat-kei & Sato, Kenji, 2017. "Receptivity and Innovation," MPRA Paper 81536, University Library of Munich, Germany.
    14. Lifeng Zhang, 2024. "Public expenditure, risk sharing and economic growth," Manchester School, University of Manchester, vol. 92(1), pages 67-89, January.
    15. Cui, Xin & Wang, Chunfeng & Ma, Tingting, 2025. "Bankruptcy reform and breakthrough innovation: Evidence from the quasi-experiment in China," Finance Research Letters, Elsevier, vol. 71(C).
    16. Cristian Barra & Nazzareno Ruggiero, 2023. "Quality of Government and Types of Innovation—Empirical Evidence for Italian Manufacturing Firms," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 1749-1789, June.
    17. De Chiara, Alessandro & Manna, Ester, 2022. "Corruption, regulation, and investment incentives," European Economic Review, Elsevier, vol. 142(C).

  11. Leonardo Felli & Johannes Koenen & Konrad O. Stahl, 2011. "Competition and Trust: Evidence from German Car Manufacturers," CESifo Working Paper Series 3358, CESifo.

    Cited by:

    1. Dietmar Harhoff & Elisabeth Mueller & John Van Reenen, 2013. "What are the Channels for Technology Sourcing? Panel Data Evidence from German Companies," CEP Discussion Papers dp1193, Centre for Economic Performance, LSE.
    2. Stahl, Konrad & Strausz, Roland, 2014. "Certification and Market Transparency," Working Papers 14-26, University of Mannheim, Department of Economics.
    3. Nicholas Argyres & Janet Bercovitz & Giorgio Zanarone, 2020. "The role of relationship scope in sustaining relational contracts in interfirm networks," Strategic Management Journal, Wiley Blackwell, vol. 41(2), pages 222-245, February.

  12. Mariagiovanna Baccara & Allan Collard-Wexler & Leonardo Felli & Leeat Yariv, 2010. "Gender and Racial Biases: Evidence from Child Adoption," CESifo Working Paper Series 2921, CESifo.

    Cited by:

    1. Moriguchi, Chiaki, 2012. "The Evolution of Child Adoption in the United States, 1950-2010—An Economic Analysis of Historical Trends—," Economic Review, Hitotsubashi University, vol. 63(3), pages 265-285, July.
    2. Elisabeth Gugl & Linda Welling, 2012. "Time with sons and daughters," Review of Economics of the Household, Springer, vol. 10(2), pages 277-298, June.

  13. Luca Anderlini & Leonardo Felli & Alessandro Riboni, 2010. "Why Stare Decisis?," Levine's Working Paper Archive 661465000000000068, David K. Levine.

    Cited by:

    1. Nicola Gennaioli & Giacomo A.M. Ponzetto, 2015. "Optimally Vague Contracts and the Law," Working Papers 747, Barcelona School of Economics.
    2. Zapal, Jan, 2020. "Simple Markovian equilibria in dynamic spatial legislative bargaining," European Journal of Political Economy, Elsevier, vol. 63(C).
    3. Ying Chen & Hülya Eraslan, 2020. "Learning while setting precedents," RAND Journal of Economics, RAND Corporation, vol. 51(4), pages 1222-1252, December.
    4. Perotti, Enrico & Gennaioli, Nicola & Ponzetto, Giacomo, 2019. "Legal Evolution, Contract Evolution, and Standardization," CEPR Discussion Papers 9836, C.E.P.R. Discussion Papers.
    5. Guerriero, Carmine, 2016. "Endogenous legal traditions," International Review of Law and Economics, Elsevier, vol. 46(C), pages 49-69.
    6. Luca Anderlini & Leonardo Felli & Giovanni Immordino & Alessandro Riboni, 2010. "Legal Institutions, Innovation and Growth," CSEF Working Papers 256, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    7. Andreea Cosnita-Langlais & Jean-Philippe Tropeano, 2021. "Learning by litigating: An application to antitrust commitments," Working Papers hal-04159724, HAL.
    8. Ying Chen & Hulya Eraslan, 2018. "Learning While Setting Precedents," Koç University-TUSIAD Economic Research Forum Working Papers 1810, Koc University-TUSIAD Economic Research Forum.
    9. Luca Anderlini & Leonardo Felli & Alessandro Riboni, 2018. "Legal Efficiency and Consistency," Working Papers gueconwpa~18-18-12, Georgetown University, Department of Economics.
    10. Nicola Gennaioli & Giacomo A.M. Ponzetto, 2015. "Contract Innovation and Legal Evolution under Imperfect Enforcement," Working Papers 836, Barcelona School of Economics.
    11. Hülya Eraslan & Kirill S. Evdokimov & Jan Zápal, 2022. "Dynamic Legislative Bargaining," Springer Books, in: Emin Karagözoğlu & Kyle B. Hyndman (ed.), Bargaining, chapter 0, pages 151-175, Springer.
    12. Adam B. Badawi & Scott Baker, 2015. "Appellate Lawmaking in a Judicial Hierarchy," Journal of Law and Economics, University of Chicago Press, vol. 58(1), pages 139-172.

  14. Luca Anderlini & Leonardo Felli & Alessandro Riboni, 2008. "Statute Law or Case Law?," Carlo Alberto Notebooks 83, Collegio Carlo Alberto.

    Cited by:

    1. Leonardo Felli & Giovanni Immordino & Alessandro Riboni & Luca Anderlini, 2008. "Legal Origins and Creative Destruction," 2008 Meeting Papers 733, Society for Economic Dynamics.
    2. Luca Anderlini, Leonardo Felli, & Andrew Postlewaite, 2003. "Should Courts Always Enforce What Contracting Parties Write?," Working Papers gueconwpa~03-03-29, Georgetown University, Department of Economics.
    3. Luca Anderlini & Leonardo Felli & Alessandro Riboni, 2014. "Why Stare Decisis?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(4), pages 726-738, October.
    4. Hadfield, Gillian K., 2008. "The levers of legal design: Institutional determinants of the quality of law," Journal of Comparative Economics, Elsevier, vol. 36(1), pages 43-73, March.
    5. Nicola Gennaioli & Enrico Perotti, 2009. "Standardized enforcement: Access to justice vs contractual innovation," Economics Working Papers 1329, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 2012.
    6. Hadfield, Gillian K., 2011. "The dynamic quality of law: The role of judicial incentives and legal human capital in the adaptation of law," Journal of Economic Behavior & Organization, Elsevier, vol. 79(1-2), pages 80-94, June.

  15. Luca Anderlini & Leonardo Felli & Andrew Postlewaite, 2006. "Active Courts and Menu Contracts," STICERD - Theoretical Economics Paper Series 511, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.

    Cited by:

    1. Luca Anderlini, Leonardo Felli, & Andrew Postlewaite, 2003. "Should Courts Always Enforce What Contracting Parties Write?," Working Papers gueconwpa~03-03-29, Georgetown University, Department of Economics.

  16. Luca Anderlini & Leonardo Felli & Andrew Postlewaite, 2006. "Should Courts always Enforce what Contracting Parties Write?," CESifo Working Paper Series 1847, CESifo.

    Cited by:

    1. Madhav S. Aney, 2012. "Conflict with Quitting Rights: A Mechanism Design Approach," Working Papers 18-2012, Singapore Management University, School of Economics.
    2. Luca Anderlini, Leonardo Felli, & Andrew Postlewaite, 2003. "Should Courts Always Enforce What Contracting Parties Write?," Working Papers gueconwpa~03-03-29, Georgetown University, Department of Economics.
    3. Benjamin Bental & Bruno Deffains & Dominique Demougin, 2020. "Interpreting contracts: the purposive approach and non-comprehensive incentive contracts," Post-Print hal-04129352, HAL.
    4. Anderlini, Luca & Felli, Leonardo & Postlewaite, Andrew, 2001. "Courts of Law and Unforeseen Contingencies," CEPR Discussion Papers 2835, C.E.P.R. Discussion Papers.
    5. Luca Anderlini & Leonardo Felli & Alessandro Riboni, 2014. "Why Stare Decisis?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(4), pages 726-738, October.
    6. Luca Anderlini & Leonardo Felli & Andrew Postlewaite, 2006. "Active Courts and Menu Contracts," Working Papers gueconwpa~06-06-08, Georgetown University, Department of Economics.
    7. Luca Anderlini & Leonardo Felli & Alessandro Riboni, 2008. "Statute Law or Case Law?," STICERD - Theoretical Economics Paper Series 528, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    8. 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.
    9. Tirole, Jean, 2008. "Cognition and Incomplete Contracts," IDEI Working Papers 453, Institut d'Économie Industrielle (IDEI), Toulouse.
    10. Mitchell Berlin & Yaron Leitner, 2005. "Courts and contractual innovation: a preliminary analysis," Working Papers 05-27, Federal Reserve Bank of Philadelphia.
    11. Dana Heller & Ran Spiegler, 2008. "Contradiction as a form of Contractual Incompleteness," Economic Journal, Royal Economic Society, vol. 118(530), pages 875-888, July.
    12. Yaron Leitner, 2005. "Legal uncertainty and contractual innovation," Business Review, Federal Reserve Bank of Philadelphia, issue Q2, pages 26-32.
    13. Giovanni Maggi & Robert W. Staiger, 2008. "On the Role and Design of Dispute Settlement Procedures in International Trade Agreements," NBER Working Papers 14067, National Bureau of Economic Research, Inc.
    14. M’hand Fares, 2005. "Quels fondements à l’incomplétude des contrats?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 81(3), pages 535-555.
    15. Francesco D'Acunto & Jin Xie & Jiaquan Yao, 2020. "Trust and Contracts: Empirical Evidence," CESifo Working Paper Series 8714, CESifo.

  17. Leonardo Felli & Christopher Harris, 2004. "Firm-Specific Training," Economics Working Papers 0038, Institute for Advanced Study, School of Social Science.

    Cited by:

    1. Gueorgui Kambourov & Iourii Manovskii, 2001. "Rising Occupational and Industry Mobility in the United States:1968-1993," PIER Working Paper Archive 04-012, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 05 Jul 2004.
    2. Garloff Alfred & Kuckulenz Anja, 2006. "Training, Mobility, and Wages: Specific Versus General Human Capital," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 226(1), pages 55-81, February.
    3. Th'eo Durandard, 2023. "Dynamic delegation in promotion contests," Papers 2308.05668, arXiv.org.

  18. Nabil I. Al-Najjar & Luca Anderlini & Leonardo Felli, 2003. "Undescribable Events," CESifo Working Paper Series 1092, CESifo.

    Cited by:

    1. Azar, Pablo D. & Micali, Silvio, 2018. "Computational principal agent problems," Theoretical Economics, Econometric Society, vol. 13(2), May.
    2. David A. Miller & Kareen Rozen, 2011. "Optimally Empty Promises and Endogenous Supervision," Levine's Working Paper Archive 786969000000000270, David K. Levine.
    3. Al-Najjar, Nabil I., 2008. "Large games and the law of large numbers," Games and Economic Behavior, Elsevier, vol. 64(1), pages 1-34, September.
    4. M’hand Fares, 2011. "Can a specific performance contract solve the hold-up problem? [Un contrat à obligation d’exécution peut-il résoudre le problème du hold-up ?]," Post-Print hal-02647357, HAL.
    5. Liang Guo, 2021. "Partial Unraveling and Strategic Contract Timing," Management Science, INFORMS, vol. 67(12), pages 7719-7736, December.
    6. Anderlini, Luca & Felli, Leonardo & Postlewaite, Andrew, 2001. "Courts of Law and Unforeseen Contingencies," CEPR Discussion Papers 2835, C.E.P.R. Discussion Papers.
    7. Kumabe, Masahiro & Mihara, H. Reiju, 2011. "Computability of simple games: A complete investigation of the sixty-four possibilities," Journal of Mathematical Economics, Elsevier, vol. 47(2), pages 150-158, March.
    8. Lang, Matthias, 2019. "Communicating subjective evaluations," Journal of Economic Theory, Elsevier, vol. 179(C), pages 163-199.
    9. Anderlini, Luca & Felli, Leonardo, 2004. "Bounded rationality and incomplete contracts," Research in Economics, Elsevier, vol. 58(1), pages 3-30, March.
    10. George Georgiadis & Steven A. Lippman & Christopher S. Tang, 2014. "Project design with limited commitment and teams," RAND Journal of Economics, RAND Corporation, vol. 45(3), pages 598-623, September.
    11. Luca Anderlini & Leonardo Felli & Alessandro Riboni, 2018. "Legal Efficiency and Consistency," Working Papers gueconwpa~18-18-12, Georgetown University, Department of Economics.
    12. Shu-Heng Chen & Ragupathy Venkatachalam, 2017. "Information aggregation and computational intelligence," Evolutionary and Institutional Economics Review, Springer, vol. 14(1), pages 231-252, June.
    13. Sarah Auster, 2011. "Asymmetric Awareness and Moral Hazard," Economics Working Papers ECO2011/, European University Institute.
    14. Matthias Lang, 2020. "Mechanism Design with Narratives," CESifo Working Paper Series 8502, CESifo.
    15. Farzad Pourbabaee, 2021. "High Dimensional Decision Making, Upper and Lower Bounds," Papers 2105.00545, arXiv.org.
    16. Pourbabaee, Farzad, 2021. "High dimensional decision making, upper and lower bounds," Economics Letters, Elsevier, vol. 204(C).

  19. Leonardo Felli & Antonio Merlo, 2003. "Endogenous Lobbying," STICERD - Theoretical Economics Paper Series 448, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.

    Cited by:

    1. Michela Redoano, 2010. "Does Centralization Affect the Number and Size of Lobbies?," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 12(3), pages 407-435, June.
    2. Tonis Alexander, 2002. "Privileges for Enterprises: Efficient Discrimination or Room for Abuse?," EERC Working Paper Series 02-01e, EERC Research Network, Russia and CIS.
    3. William Pyle & Laura Solanko, 2013. "The composition and interests of Russia’s business lobbies: testing Olson’s hypothesis of the “encompassing organization”," Public Choice, Springer, vol. 155(1), pages 19-41, April.
    4. Torija, P., 2013. "Do Politicians Serve the One Percent? Evidence in OECD Countries," CITYPERC Working Paper Series 2013-04, Department of International Politics, City St George's, University of London.
    5. Ujhelyi, Gergely, 2009. "Campaign finance regulation with competing interest groups," Journal of Public Economics, Elsevier, vol. 93(3-4), pages 373-391, April.
    6. P. Roberti, 2016. "Citizens or lobbies: who controls policy?," Working Papers wp1085, Dipartimento Scienze Economiche, Universita' di Bologna.
    7. Guerriero, Carmine, 2016. "Endogenous legal traditions," International Review of Law and Economics, Elsevier, vol. 46(C), pages 49-69.
    8. Richard E. Baldwin & Frédéric Robert-Nicoud, 2007. "Entry and Asymmetric Lobbying: Why Governments Pick Losers," CEP Discussion Papers dp0791, Centre for Economic Performance, LSE.
    9. Topi Miettinen & Panu Poutvaara, 2006. "Political Parties and Network Formation," CESifo Working Paper Series 1663, CESifo.
    10. Antonio Merlo, 2005. "Whither Political Economy? Theories, Facts and Issues," PIER Working Paper Archive 05-033, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Dec 2005.
    11. Zudenkova, Galina, 2010. "Sincere Lobby Formation," MPRA Paper 28249, University Library of Munich, Germany.
    12. Campante, Filipe R. & Ferreira, Francisco H.G., 2007. "Inefficient lobbying, populism and oligarchy," Journal of Public Economics, Elsevier, vol. 91(5-6), pages 993-1021, June.
    13. Massimo Bordignon & Luca Colombo & Umberto Galmarini, 2003. "Fiscal Federalism and Endogenous Lobbies' Formation," CESifo Working Paper Series 1017, CESifo.
    14. Matsueda, Norimichi, 2020. "Collective vs. individual lobbying," European Journal of Political Economy, Elsevier, vol. 63(C).
    15. Houda Haffoudhi, 2005. "The logic of two-level games with endogenous lobbying: the case of international environmental agreements," Cahiers de la Maison des Sciences Economiques j05054, Université Panthéon-Sorbonne (Paris 1).
    16. Vincent Anesi, 2007. "Moral Hazard and Free Riding in Collective Action," Discussion Papers 2007-04, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
    17. Humberto Llavador, 2001. "Electoral platforms, implemented policies and abstention," Economics Working Papers 571, Department of Economics and Business, Universitat Pompeu Fabra, revised Oct 2004.
    18. Bellettini, Giorgio & Kempf, Hubert, 2013. "Why not in your backyard? On the location and size of a public facility," Regional Science and Urban Economics, Elsevier, vol. 43(1), pages 22-30.
    19. Debora Di Gioacchino & Paola Profeta, 2010. "Lobbying for Education in a Two-sector Model," Working Papers in Public Economics 138, Department of Economics and Law, Sapienza University of Roma.
    20. Bombardini, Matilde & Trebbi, Francesco, 2012. "Competition and political organization: Together or alone in lobbying for trade policy?," Journal of International Economics, Elsevier, vol. 87(1), pages 18-26.
    21. Martimort, David & Semenov, Aggey, 2008. "Ideological Uncertainty and Lobbying Competition," MPRA Paper 6992, University Library of Munich, Germany.
    22. Sobbrio, Francesco, 2009. "Indirect Lobbying and Media Bias," MPRA Paper 18215, University Library of Munich, Germany.
    23. Bils, Peter & Duggan, John & Judd, Gleason, 2021. "Lobbying and policy extremism in repeated elections," Journal of Economic Theory, Elsevier, vol. 193(C).
    24. Gil S. Epstein & Shmuel Nitzan, 2005. "Lobbying and Compromise," CESifo Working Paper Series 1413, CESifo.
    25. Guerriero, Carmine, 2016. "Endogenous legal traditions and economic outcomes," Journal of Comparative Economics, Elsevier, vol. 44(2), pages 416-433.
    26. P. Roberti, 2014. "Lobbying in a multidimensional policy space with salient issues," Working Papers wp922, Dipartimento Scienze Economiche, Universita' di Bologna.
    27. Miettinen, Topi & Poutvaara, Panu, 2014. "A market for connections," Munich Reprints in Economics 19202, University of Munich, Department of Economics.
    28. Schneider, Maik T., 2014. "Interest-group size and legislative lobbying," Journal of Economic Behavior & Organization, Elsevier, vol. 106(C), pages 29-41.
    29. Bordignon, Massimo & Colombo, Luca & Galmarini, Umberto, 2008. "Fiscal federalism and lobbying," Journal of Public Economics, Elsevier, vol. 92(12), pages 2288-2301, December.
    30. Bellani, Luna & Fabella, Vigile Marie & Scervini, Francesco, 2023. "Strategic compromise, policy bundling and interest group power: Theory and evidence on education policy," European Journal of Political Economy, Elsevier, vol. 77(C).
    31. Houda Haffoudhi, 2005. "The logic of two-level games with endogenous lobbying: the case of international environmental agreements," Post-Print halshs-00195605, HAL.
    32. Klingelhöfer, Jan, 2013. "Lobbying and Elections," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79722, Verein für Socialpolitik / German Economic Association.
    33. Topi Miettinen & Panu Poutvaara, 2007. "Political Parties and Rent-seeking through Networks," Papers on Strategic Interaction 2006-28, Max Planck Institute of Economics, Strategic Interaction Group.
    34. Börner, Kira, 2004. "Political Economy Reasons for Government Inertia: The Role of Interest Groups in the Case of Access to Medicines," Discussion Papers in Economics 313, University of Munich, Department of Economics.
    35. Miettinen, Topi & Poutvaara, Panu, 2015. "Parties as efficiency-improving gatekeepers in rent-seeking societies," European Journal of Political Economy, Elsevier, vol. 38(C), pages 87-101.
    36. Boerner, Kira, 2005. "Having Everyone in the Boat May Sink it - Interest Group Involvement and Policy Reforms," Discussion Papers in Economics 730, University of Munich, Department of Economics.
    37. Zudenkova Galina, 2017. "Lobbying as a Guard against Extremism," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 17(1), pages 1-17, January.
    38. Etienne Farvaque & Gael Lagadec, 2009. "Electoral Control when Policies are for Sale," CESifo Working Paper Series 2522, CESifo.
    39. Boultzis, Ilias, 2015. "Common agency with caring agents," Economics Letters, Elsevier, vol. 126(C), pages 71-74.
    40. Guerriero, C., 2009. "Democracy, Judicial Attitudes and Heterogeneity: The Civil Versus Common Law Tradition," Cambridge Working Papers in Economics 0917, Faculty of Economics, University of Cambridge.
    41. Keefer, Philip, 2001. "When do special interests run rampant ? disentangling the role in banking crises of elections, incomplete information, and checks and balances," Policy Research Working Paper Series 2543, The World Bank.
    42. Reuben E., 2002. "Interest groups and politics: The need to concentrate on group formation," Public Economics 0212001, University Library of Munich, Germany.
    43. Baron, David P. & Hirsch, Alexander V., 2009. "Common Agency Lobbying over Coalitions and Policy," Research Papers 2031, Stanford University, Graduate School of Business.

  20. Luca Anderlini & Leonardo Felli & Andrew Postlewaite, 2003. "Courts of Law and Unforeseen Contingencies," STICERD - Theoretical Economics Paper Series 447, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.

    Cited by:

    1. Nabil I. Al-Najjar & Luca Anderlini & Leonardo Felli, 2006. "Undescribable Events," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 73(4), pages 849-868.
    2. Watson, Joel, 2006. "Contract, Mechanism Design, and Technological Detail," University of California at San Diego, Economics Working Paper Series qt2m08n7cg, Department of Economics, UC San Diego.
    3. M’hand Fares, 2011. "Can a specific performance contract solve the hold-up problem? [Un contrat à obligation d’exécution peut-il résoudre le problème du hold-up ?]," Post-Print hal-02647357, HAL.
    4. Miguel Amaral & Eshien Chong & Stéphane Saussier, 2006. "Institutions and contracts: Franchising," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-02494112, HAL.
    5. Legros, Patrick & Newman, Andrew F., 2002. "Courts, contracts, and interference," European Economic Review, Elsevier, vol. 46(4-5), pages 734-744, May.
    6. Luca Anderlini, Leonardo Felli, & Andrew Postlewaite, 2003. "Should Courts Always Enforce What Contracting Parties Write?," Working Papers gueconwpa~03-03-29, Georgetown University, Department of Economics.
    7. Alan Schwartz, 2004. "The Law and Economics of Costly Contracting," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 20(1), pages 2-31, April.
    8. Dosi, Cesare & Moretto, Michele, 2012. "Procurement with Unenforceable Contract Time and the Law of Liquidated Damages," Economy and Society 129577, Fondazione Eni Enrico Mattei (FEEM).
    9. 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.
    10. Chiara D'Alpaos & Michele Moretto & Paola Valbonesi & Sergio Vergalli, 2009. "It is never too late: Optimal penalty for investment delay in public procurement contracts," Working Papers 0907, University of Brescia, Department of Economics.
    11. Chiara D’Alpaos & Michele Moretto & Paola Valbonesi & Sergio Vergalli, 2012. "Time Overruns as Opportunistic Behavior in Public Procurement," Working Papers 2012.78, Fondazione Eni Enrico Mattei.
    12. J. Luis Guasch & Jean-Jacques Laffont & Stephane Straub, 2003. "Renegotiation of Concession Contracts in Latin America," Edinburgh School of Economics Discussion Paper Series 103, Edinburgh School of Economics, University of Edinburgh.
    13. Chiara D'Alpaos & Michele Moretto & Paola Valbonesi, 2008. "Optimal penalty for investment delay in public procurement contracts," "Marco Fanno" Working Papers 0074, Dipartimento di Scienze Economiche "Marco Fanno".
    14. Guilherme Lichand & Rodrigo R. Soares, 2011. "Access to justice and entrepreneurship: evidence from Brazil’s Special Civil Tribunals," Textos para discussão 591, Department of Economics PUC-Rio (Brazil).
    15. Mitchell Berlin & Yaron Leitner, 2005. "Courts and contractual innovation: a preliminary analysis," Working Papers 05-27, Federal Reserve Bank of Philadelphia.
    16. M'hand Fares, 2009. "Specific Performance, Separability Condition and the Hold-Up Problem," Economics Bulletin, AccessEcon, vol. 29(3), pages 2055-2062.
    17. C. Manuel Willington, 2004. "Hold-Up under Costly Litigation and Imperfect Courts of Law," Econometric Society 2004 Latin American Meetings 231, Econometric Society.
    18. Nabil Al-Najjar & Luca Anderlini & Leonardo Felli, 2003. "Undescribable Contingencies," Discussion Papers 1370, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    19. Dana Heller & Ran Spiegler, 2008. "Contradiction as a form of Contractual Incompleteness," Economic Journal, Royal Economic Society, vol. 118(530), pages 875-888, July.
    20. Shurojit Chatterji & Dragan Filipovich, 2004. "Ambiguous Contracting: Natural Language and Judicial Interpretation," Econometric Society 2004 North American Winter Meetings 419, Econometric Society.
    21. Hideshi Itoh, 2023. "What do contracts do to facilitate relationships?," The Japanese Economic Review, Springer, vol. 74(3), pages 333-354, July.
    22. Yaron Leitner, 2005. "Legal uncertainty and contractual innovation," Business Review, Federal Reserve Bank of Philadelphia, issue Q2, pages 26-32.
    23. Dosi, Cesare & Moretto, Michele, 2017. "Cost Uncertainty and Time Overruns in Public Procurement: a Scoring Auction for a Contract with Delay Penalties," ETA: Economic Theory and Applications 253215, Fondazione Eni Enrico Mattei (FEEM).
    24. Giovanni Maggi & Robert W. Staiger, 2008. "On the Role and Design of Dispute Settlement Procedures in International Trade Agreements," NBER Working Papers 14067, National Bureau of Economic Research, Inc.
    25. Schwartz, Alan & Watson, Joel, 2001. "The Law and Economics of Costly Contracting," University of California at San Diego, Economics Working Paper Series qt2wh8m7bv, Department of Economics, UC San Diego.
    26. Watson, Joel & Buzard, Kristy, 2009. "Contract, Renegotiation, and Hold Up: General Results on the Technology of Trade and Investment," University of California at San Diego, Economics Working Paper Series qt3923q7kz, Department of Economics, UC San Diego.
    27. 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.
    28. World Bank, 2009. "Good Governance in Public-Private Partnerships : A Resource Guide for Practitioners," World Bank Publications - Reports 12665, The World Bank Group.
    29. Steven Shavell, 2003. "On the Writing and the Interpretation of Contracts," NBER Working Papers 10094, National Bureau of Economic Research, Inc.

  21. Nabil J Al-Najjar & Luca Anderlini & Leonardo Felli, 2002. "Unforeseen Contingencies," STICERD - Theoretical Economics Paper Series 431, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.

    Cited by:

    1. Nabil I. Al-Najjar & Luca Anderlini & Leonardo Felli, 2006. "Undescribable Events," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 73(4), pages 849-868.
    2. Anderlini, Luca & Felli, Leonardo & Postlewaite, Andrew, 2001. "Courts of Law and Unforeseen Contingencies," CEPR Discussion Papers 2835, C.E.P.R. Discussion Papers.
    3. Pierpaolo Battigalli & Giovanni Maggi, 2004. "Costly Contracting in a Long-Term Relationship," Working Papers 04-33, New York University, Leonard N. Stern School of Business, Department of Economics.
    4. Dosi, Cesare & Moretto, Michele, 2012. "Procurement with Unenforceable Contract Time and the Law of Liquidated Damages," Economy and Society 129577, Fondazione Eni Enrico Mattei (FEEM).
    5. J. Luis Guasch, 2004. "Granting and Renegotiating Infrastructure Concessions : Doing it Right," World Bank Publications - Books, The World Bank Group, number 15024, April.
    6. J. Luis Guasch & Jean-Jacques Laffont & Stephane Straub, 2003. "Renegotiation of Concession Contracts in Latin America," Edinburgh School of Economics Discussion Paper Series 103, Edinburgh School of Economics, University of Edinburgh.
    7. Nabil Al-Najjar & Luca Anderlini & Leonardo Felli, 2003. "Undescribable Contingencies," Discussion Papers 1370, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    8. Pierpaolo Battigalli & Giovanni Maggi, 2002. "Rigidity, Discretion, and the Costs of Writing Contracts," American Economic Review, American Economic Association, vol. 92(4), pages 798-817, September.
    9. Patrick Bolton & Antoine Faure-Grimaud, 2009. "Satisficing Contracts," NBER Working Papers 14654, National Bureau of Economic Research, Inc.
    10. Giovanni Maggi & Robert W. Staiger, 2008. "On the Role and Design of Dispute Settlement Procedures in International Trade Agreements," NBER Working Papers 14067, National Bureau of Economic Research, Inc.
    11. Guasch, J. Luis & Laffont, Jean-Jacques & Straub, Stéphane, 2008. "Renegotiation of concession contracts in Latin America: Evidence from the water and transport sectors," International Journal of Industrial Organization, Elsevier, vol. 26(2), pages 421-442, March.
    12. 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.
    13. Paul Schweinzer, 2001. "Bilateral Uncertainty in a Model of Job-Market Screening with Intermediaries," Game Theory and Information 0108002, University Library of Munich, Germany, revised 08 Jan 2002.

  22. Luca Anderlini & Leonardo Felli, 2001. "Transaction Costs and the Robustness of the Coase Theorem," STICERD - Theoretical Economics Paper Series 409, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.

    Cited by:

    1. Herweg, Fabian & Schmidt, Klaus M., 2017. "Auctions versus Negotiations," Rationality and Competition Discussion Paper Series 12, CRC TRR 190 Rationality and Competition.
    2. Raskovich, Alexander, 2007. "Ordered bargaining," International Journal of Industrial Organization, Elsevier, vol. 25(5), pages 1126-1143, October.
    3. Schmitz, Patrick W., 2016. "The negotiators who knew too much: Transaction costs and incomplete information," Economics Letters, Elsevier, vol. 145(C), pages 33-37.
    4. Anderlini, Luca & Felli, Leonardo & Immordino, Giovanni, 2019. "Costly pretrial agreements," LSE Research Online Documents on Economics 89255, London School of Economics and Political Science, LSE Library.
    5. E. Guzzini & A. Palestrini, 2012. "Coase theorem and exchangeable rights in non-cooperative games," European Journal of Law and Economics, Springer, vol. 33(1), pages 83-100, February.
    6. Schmitz, Patrick W. & Müller, Daniel, 2016. "Optimal Ownership of Public Goods in the Presence of Transaction Costs," CEPR Discussion Papers 11632, C.E.P.R. Discussion Papers.
    7. Marc Baudry & Anouk Faure & Simon Quemin, 2020. "Emissions Trading with Transaction Costs," Working Papers 2007, Chaire Economie du climat.
    8. Robson, Alex, 2012. "Transaction Costs can Encourage Coasean Bargaining," MPRA Paper 40892, University Library of Munich, Germany.
    9. Ian A. MacKenzie & Markus Ohndorf, 2013. "Caps on Coasean Transfers," Discussion Papers Series 485, School of Economics, University of Queensland, Australia.
    10. 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.
    11. Akee, Randall K. Q., 2006. "Checkerboards and Coase: Transactions Costs and Efficiency in Land Markets," IZA Discussion Papers 2438, Institute of Labor Economics (IZA).
    12. Schmitz, Patrick W. & Kusterer, David J., 2018. "Government versus Private Ownership of Public Goods: Experimental Evidence," CEPR Discussion Papers 13204, C.E.P.R. Discussion Papers.
    13. Mori, Yusuke, 2024. "The cost of appropriation and firm boundaries," Economics Letters, Elsevier, vol. 241(C).
    14. Aivazian, Varouj A. & Callen, Jeffrey L., 2023. "The Coase Theorem and the empty core: Inspecting the entrails after four decades," International Review of Law and Economics, Elsevier, vol. 73(C).
    15. Schmitz, Patrick W., 2023. "Completely relationship-specific investments, transaction costs, and the property rights theory," Economics Letters, Elsevier, vol. 226(C).
    16. Schweighofer-Kodritsch, Sebastian, 2021. "The Bargaining Trap," Rationality and Competition Discussion Paper Series 308, CRC TRR 190 Rationality and Competition.
    17. Hojman, David E. & Hiscock, Julia, 2010. "Interpreting suboptimal business outcomes in light of the Coase Theorem: Lessons from Sidmouth International Festival," Tourism Management, Elsevier, vol. 31(2), pages 240-249.
    18. Friesen, Lana & MacKenzie, Ian A. & Nguyen, Mai Phuong, 2023. "Initially contestable property rights and Coase: Evidence from the lab," Journal of Environmental Economics and Management, Elsevier, vol. 120(C).
    19. Nicolas Schneider, 2022. "Internalizing Environmental Externalities and the Coase Theorem," World Journal of Applied Economics, WERI-World Economic Research Institute, vol. 8(2), pages 93-100, December.
    20. Schweighofer-Kodritsch, Sebastian, 2022. "The bargaining trap," Games and Economic Behavior, Elsevier, vol. 136(C), pages 249-254.
    21. Müller, Daniel & Schmitz, Patrick W., 2016. "Transaction costs and the property rights approach to the theory of the firm," MPRA Paper 90790, University Library of Munich, Germany.
    22. L'aszl'o K'allay & Tibor Tak'acs & L'aszl'o Trautmann, 2020. "Transaction Costs: Economies of Scale, Optimum, Equilibrium and Efficiency," Papers 2008.10348, arXiv.org.
    23. Zaman, Md Monowaruz, 2007. "The theoretical aspect of Muhammad Yunus’s dream-'putting poverty in museums'," MPRA Paper 1306, University Library of Munich, Germany, revised 02 Jan 2007.
    24. Hausken, Kjell, 2006. "Jack Hirshleifer: A Nobel Prize left unbestowed," European Journal of Political Economy, Elsevier, vol. 22(2), pages 251-276, June.
    25. Steven G. Medema, 2020. "The Coase Theorem at Sixty," Journal of Economic Literature, American Economic Association, vol. 58(4), pages 1045-1128, December.
    26. Geoffrey Black & D. Allen Dalton & Samia Islam & Aaron Batteen, 2014. "The Coasean Framework of the New York City Watershed Agreement," Cato Journal, Cato Journal, Cato Institute, vol. 34(1), pages 1-32, Winter.
    27. Bård Harstad, 2011. "The Market for Conservation and Other Hostages," NBER Working Papers 17409, National Bureau of Economic Research, Inc.
    28. Piacquadio Paolo G. & Di Bartolomeo Giovanni & Acocella Nicola, 2009. "A simple framework for investigating the properties of policy games," wp.comunite 0059, Department of Communication, University of Teramo.
    29. Adel Shamaileh, 2016. "An Evaluation of the Effectiveness of Environment Policy in Jordan," International Journal of Business and Management, Canadian Center of Science and Education, vol. 11(2), pages 1-92, January.
    30. Sebastian Schweighofer-Kodritsch, 2022. "The Bargaining Trap," CESifo Working Paper Series 9903, CESifo.
    31. David A. Anderson, 2020. "Environmental Exigencies and the Efficient Voter Rule," Economies, MDPI, vol. 8(4), pages 1-7, November.
    32. Mishra, Ashok K. & Harris, James Michael & Erickson, Kenneth W. & Hallahan, Charles B., 2008. "What Drives Agricultural Profitability in the U.S.: Application of the DuPont Expansion Model," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6413, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    33. Alex Anas & Richard Arnott, 2004. "Moving costs, security of tenure and eviction," Urban/Regional 0408005, University Library of Munich, Germany.

  23. Leonardo Felli & Kevin Roberts, 2001. "Does Competition Solve the Hold-up Problem?," STICERD - Theoretical Economics Paper Series 414, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.

    Cited by:

    1. Ricardo Lagos & Nobuhiro Kiyotaki, 2004. "A Model of Job and Worker Flows," 2004 Meeting Papers 36, Society for Economic Dynamics.
    2. Calzolari, G. & Felli, L. & Koenen, J. & Spagnolo, G. & Stahl, K. O., 2021. "Relational Contracts and Trust in a High-Tech Industry," Janeway Institute Working Papers 2101, Faculty of Economics, University of Cambridge.
    3. 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.
    4. , & Calzolari, Giacomo & Koenen, Johannes & Spagnolo, Giancarlo & Stahl, Konrad, 2019. "Trust, Investment and Competition: Theory and Evidence from German Car Manufacturers," CEPR Discussion Papers 13750, C.E.P.R. Discussion Papers.
    5. Ngo Van Long & Antoine Soubeyran & Raphael Soubeyran, 2014. "Knowledge acquisition within an organization: How to retain a knowledge worker using wage profile and non-monotonic knowledge accumulation," CIRANO Working Papers 2014s-32, CIRANO.
    6. de Meza, David & Lockwood, Ben, 2010. "Too much investment? A problem of endogenous outside options," Games and Economic Behavior, Elsevier, vol. 69(2), pages 503-511, July.
    7. Prüfer, J., 2009. "Semi-Public Contests," Discussion Paper 2009-33, Tilburg University, Center for Economic Research.
    8. Hoppe, Heidrun C. & Moldovanu, Benny & Sela, Aner, 2005. "The Theory of Assortative Matching Based on Costly Signals," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 85, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    9. Bhaskar, Venkataraman & Hopkins, Ed, 2011. "Marriage as a Rat Race: Noisy Pre-Marital Investments with Assortative Matching," CEPR Discussion Papers 8529, C.E.P.R. Discussion Papers.
    10. Leonardo Felli & Kevin Roberts, "undated". "Does Competition Solve the Hold-up Problem?," CARESS Working Papres 00-04, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
    11. Dethier, Jean-Jacques & Moore, Alexander, 2012. "Infrastructure in developing countries: An overview of some economic issues," Discussion Papers 123305, University of Bonn, Center for Development Research (ZEF).
    12. Dizdar, Deniz & Moldovanu, Benny & Szech, Nora, 2019. "The feedback effect in two-sided markets with bilateral investments," Journal of Economic Theory, Elsevier, vol. 182(C), pages 106-142.
    13. Chiappori, Pierre-André & Iyigun, Murat & Weiss, Yoram, 2006. "Investment in Schooling and the Marriage Market," IZA Discussion Papers 2454, Institute of Labor Economics (IZA).
    14. Milliou Chrysovalantou, 2008. "Technological Proximity and Exclusive Buyer-Supplier Relationships," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 8(1), pages 1-28, July.
    15. Jerez, Belén, 2016. "Competitive Search Equilibrium with Multidimensional Heterogeneity and Two-Sided Ex-ante Investments," UC3M Working papers. Economics 23566, Universidad Carlos III de Madrid. Departamento de Economía.
    16. Spagnolo, Giancarlo & Calzolari, Giacomo & Felli, Leonardo & Koenen, Johannes & Stahl, Konrad, 2017. "Relational Contracts, Competition and Innovation: Theory and Evidence from German Car Manufacturers," CEPR Discussion Papers 12267, C.E.P.R. Discussion Papers.
    17. de Meza, David & Lockwood, Ben, 2004. "Too Much Investment: A Problem of Coordination Failure," Economic Research Papers 269597, University of Warwick - Department of Economics.
    18. Nosaka, Hiromi, 2007. "Specialization and competition in marriage models," Journal of Economic Behavior & Organization, Elsevier, vol. 63(1), pages 104-119, May.
    19. Inderst, Roman & Wey, Christian, 2007. "Buyer power and supplier incentives," European Economic Review, Elsevier, vol. 51(3), pages 647-667, April.
    20. Tomoeda, Kentaro, 2019. "Efficient investments in the implementation problem," Journal of Economic Theory, Elsevier, vol. 182(C), pages 247-278.
    21. Deniz Dizdar & Benny Moldovanu & Nora Szech, 2017. "The Multiplier Effect in Two-Sided Markets with Bilateral Investments," CESifo Working Paper Series 6803, CESifo.
    22. Ngo Van Long & Antoine Soubeyran & Raphael Soubeyran, 2014. "Knowledge Accumulation Within An Organization," Post-Print hal-01463915, HAL.
    23. Gall, Thomas & Hu, Xiaocheng & Vlassopoulos, Michael, 2016. "Dynamic Incentive Effects of Team Formation: Experimental Evidence," IZA Discussion Papers 10393, Institute of Labor Economics (IZA).
    24. Malina, Christiane, 2019. "A normative analysis of subsidization of all-electric vehicles in Germany," CAWM Discussion Papers 109, University of Münster, Münster Center for Economic Policy (MEP).
    25. Roman Inderst & Christian Wey, 2000. "Market Structure, Bargaining, and Technology Choice," CIG Working Papers FS IV 00-12, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    26. Shingo Ishiguro, 2010. "Holdup, search, and inefficiency," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 44(2), pages 307-338, August.
    27. George J. Mailath & Volker Nocke & Andrew Postlewaite, 2002. "Business Strategy, Human Capital, and Managerial Incentives," PIER Working Paper Archive 03-018, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 23 Jun 2003.
    28. Jansen, Marcel, 2004. "Can Job Competition Prevent Hold-Ups?," IZA Discussion Papers 988, Institute of Labor Economics (IZA).
    29. Yeon-Koo Che & Jozsef Sakovics, 2006. "The Hold-up Problem," Edinburgh School of Economics Discussion Paper Series 142, Edinburgh School of Economics, University of Edinburgh.
    30. Matthew J. Baker & Joyce P. Jacobsen, 2007. "Marriage, Specialization, and the Gender Division of Labor," Journal of Labor Economics, University of Chicago Press, vol. 25(4), pages 763-793.
    31. Swinnen Johan & Vandeplas Anneleen, 2012. "Rich Consumers and Poor Producers: Quality and Rent Distribution in Global Value Chains," Journal of Globalization and Development, De Gruyter, vol. 2(2), pages 1-30, January.
    32. Thomas Gall, 2017. "Surplus efficiency of ex ante investments in matching markets with nontransferabilities," International Journal of Game Theory, Springer;Game Theory Society, vol. 46(1), pages 51-78, March.
    33. Michael Peters & Aloysius Siow, 2002. "Competing Premarital Investments," Journal of Political Economy, University of Chicago Press, vol. 110(3), pages 592-608, June.
    34. Robert Gibbons & John Roberts, 2012. "The Handbook of Organizational Economics," Economics Books, Princeton University Press, edition 1, volume 1, number 9889.
    35. Guillem Roig, 2022. "The value of investment in nonexclusive contracts," Economic Inquiry, Western Economic Association International, vol. 60(3), pages 1018-1037, July.
    36. Thomas Gall & Patrick Legros & Andrew Newman, 2015. "College Diversity and Investment Incentives," Working Papers 2015-001, Human Capital and Economic Opportunity Working Group.
    37. Amihai Glazer, 2008. "Bargaining with Rent Seekers," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 10(5), pages 859-871, October.
    38. Professor Yong Kim & Univ. Southern California, 2004. "Asset ownership and Asset Values Over Project Lifecycles," Econometric Society 2004 Far Eastern Meetings 604, Econometric Society.
    39. Navarro, Lucas, 2011. "Efficiency of two sided investments in an equilibrium unemployment framework," Economic Modelling, Elsevier, vol. 28(3), pages 1090-1098, May.
    40. Stephan Lauermann, 2008. "When Less Information is Good for Efficiency: Private Information in Bilateral Trade and in Markets," 2008 Meeting Papers 419, Society for Economic Dynamics.
    41. Ilya Segal & Michael D.Whinston, 2012. "Property Rights [The Handbook of Organizational Economics]," Introductory Chapters,, Princeton University Press.
    42. Yeon-Koo Che & Ian Gale, 2000. "Optimal Design of Research Contests," Econometric Society World Congress 2000 Contributed Papers 1784, Econometric Society.
    43. Chris Bidner & Guillaume Roger & Jessica Moses, 2016. "Investing in Skill and Searching for Coworkers: Endogenous Participation in a Matching Market," American Economic Journal: Microeconomics, American Economic Association, vol. 8(1), pages 166-202, February.
    44. Antonio Nicita & Massimiliano Vatiero, 2014. "Dixit versus Williamson: the ‘fundamental transformation’ reconsidered," European Journal of Law and Economics, Springer, vol. 37(3), pages 439-453, June.
    45. Seungjin Han, 2019. "Pre-Match Investment Competition with Bounded Transfers," Department of Economics Working Papers 2019-01, McMaster University.
    46. James W. Boudreau, 2008. "Sequential Pre-Marital Investment Games: Implications for Unemployment," Working papers 2008-45, University of Connecticut, Department of Economics.
    47. Seungjin Han, 2018. "Repercussions of Endogenous Fast Rising Top Inequality," Department of Economics Working Papers 2018-03, McMaster University, revised May 2018.
    48. Elliott, M. & Talamàs, E., 2020. "Bargaining Foundations for Price Taking in Matching Markets," Cambridge Working Papers in Economics 2070, Faculty of Economics, University of Cambridge.
    49. Lauermann, Stephan, 2012. "Asymmetric information in bilateral trade and in markets: An inversion result," Journal of Economic Theory, Elsevier, vol. 147(5), pages 1969-1997.
    50. Jan Eeckhout, 2000. "Competing Norms of Cooperation," Econometric Society World Congress 2000 Contributed Papers 0559, Econometric Society.
    51. Daniel F. Spulber, 2002. "Market Microstructure and Incentives to Invest," Journal of Political Economy, University of Chicago Press, vol. 110(2), pages 352-381, April.

  24. Francesca Cornelli & Leonardo Felli, 2000. "How to Sell a (Bankrupt) Company," CESifo Working Paper Series 292, CESifo.

    Cited by:

    1. Mehmet Ekmekci & Nenad Kos & Rakesh Vohra, 2016. "Just Enough or All: Selling a Firm," American Economic Journal: Microeconomics, American Economic Association, vol. 8(3), pages 223-256, August.
    2. Christian At & Mike Burkart & Samuel Lee, 2011. "Security Voting Structure and Bidder Screening," Post-Print halshs-01308325, HAL.
    3. Burkart, Mike & Lee, Samuel, 2007. "One Share - One Vote: The Theory," SIFR Research Report Series 57, Institute for Financial Research.
    4. Jaka Cepec & Peter Grajzl & Katarina Zajc, 2016. "Debt Recovery in Firm Liquidations: Do Liquidation Trustees Matter?," CESifo Working Paper Series 6034, CESifo.
    5. Jaka Cepec & Peter Grajzl & Katarina Zajc, 2016. "Debt Recovery in Firm Liquidations: Do Liquidation Trustees Matter?," Quaderni del Dipartimento di Economia, Finanza e Statistica 24/2016, Università di Perugia, Dipartimento Economia.
    6. Jaka Cepec & Peter Grajzl & Barbara Mörec, 2024. "The impact of institutionalized representation: creditors' committees and the resolution of corporate liquidation bankruptcies," European Journal of Law and Economics, Springer, vol. 58(3), pages 397-425, December.

  25. Luca Anderlini & Leonardo Felli, 2000. "Bounded Rationality and Incomplete Contracts," STICERD - Theoretical Economics Paper Series 407, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.

    Cited by:

    1. Polydoropoulou, Amalia & Roumboutsos, Athena, 2009. "Evaluating the impact of decision making during construction on transport project outcome," Evaluation and Program Planning, Elsevier, vol. 32(4), pages 369-380, November.
    2. M’hand Fares, 2005. "Quels fondements à l’incomplétude des contrats?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 81(3), pages 535-555.
    3. Lorenzo Sacconi, 2001. "Incomplete contracts and corporate ethics: a game theoretical model under fuzzy information," LIUC Papers in Ethics, Law and Economics 91, Cattaneo University (LIUC).

  26. Luca Anderlini & Leonardo Felli, 1999. "Costly Bargaining and Renegotiation," CESifo Working Paper Series 213, CESifo.

    Cited by:

    1. Wilkie, Simon & Jackson, Matthew O., 2002. "Endogenous Games and Mechanisms: Side Payments Among Players," Working Papers 1150, California Institute of Technology, Division of the Humanities and Social Sciences.
    2. Madhav S. Aney, 2012. "Inefficiency in the Shadow of Unobservable Outside Options," Working Papers 28-2012, Singapore Management University, School of Economics.
    3. Liang Guo, 2021. "Partial Unraveling and Strategic Contract Timing," Management Science, INFORMS, vol. 67(12), pages 7719-7736, December.
    4. E. Guzzini & A. Palestrini, 2012. "Coase theorem and exchangeable rights in non-cooperative games," European Journal of Law and Economics, Springer, vol. 33(1), pages 83-100, February.
    5. Alan Schwartz, 2004. "The Law and Economics of Costly Contracting," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 20(1), pages 2-31, April.
    6. Lee, Jihong & Sabourian, Hamid, 2007. "Coase theorem, complexity and transaction costs," Journal of Economic Theory, Elsevier, vol. 135(1), pages 214-235, July.
    7. Claudio Michelacci & Vincenzo Quadrini, 2005. "Financial Markets and Wages," NBER Working Papers 11050, National Bureau of Economic Research, Inc.
    8. Luigi Guiso & Paola Sapienza & Luigi Zingales, 2005. "Cultural Biases in Economic Exchange," 2005 Meeting Papers 234, Society for Economic Dynamics.
    9. 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.
    10. M'hand Fares, 2009. "Specific Performance, Separability Condition and the Hold-Up Problem," Economics Bulletin, AccessEcon, vol. 29(3), pages 2055-2062.
    11. Matthew Lowe & Madeline McKelway, 2021. "Coupling Labor Supply Decisions: An Experiment in India," CESifo Working Paper Series 9446, CESifo.
    12. Akira Okada, 2018. "Non-cooperative Bargaining for Side Payments Contract," KIER Working Papers 983, Kyoto University, Institute of Economic Research.
    13. Aivazian, Varouj A. & Callen, Jeffrey L., 2023. "The Coase Theorem and the empty core: Inspecting the entrails after four decades," International Review of Law and Economics, Elsevier, vol. 73(C).
    14. Jihong Lee & Hamid Sabourian, 2005. "Efficiency in Negotiation: Complexity and Costly Bargaining," Birkbeck Working Papers in Economics and Finance 0505, Birkbeck, Department of Economics, Mathematics & Statistics.
    15. Friesen, Lana & MacKenzie, Ian A. & Nguyen, Mai Phuong, 2023. "Initially contestable property rights and Coase: Evidence from the lab," Journal of Environmental Economics and Management, Elsevier, vol. 120(C).
    16. Herrmann-Pillath Carsten, 2001. "A General Refutation of the Law of One Price as Empirical Hypothesis / Eine allgemeine Widerlegung des „Gesetzes des einheitlichen Preises“ als einer empirischen Hypothese," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 221(1), pages 45-67, February.
    17. Francesconi, Marco & Muthoo, Abhinay, 2010. "Control Rights in Complex Partnerships," The Warwick Economics Research Paper Series (TWERPS) 933, University of Warwick, Department of Economics.
    18. Guha, Brishti, 2019. "Malice and patience in Rubinstein bargaining," Research in Economics, Elsevier, vol. 73(3), pages 264-270.
    19. Müller, Daniel & Schmitz, Patrick W., 2016. "Transaction costs and the property rights approach to the theory of the firm," MPRA Paper 90790, University Library of Munich, Germany.
    20. Alberto Galasso, 2007. "Broad Cross-License Agreements andPersuasive Patent Litigation: Theory andEvidence from the Semiconductor Industry," STICERD - Economics of Industry Papers 45, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    21. Patrick Bolton & Antoine Faure-Grimaud, 2009. "Satisficing Contracts," NBER Working Papers 14654, National Bureau of Economic Research, Inc.
    22. Francesconi, Marco & Muthoo, Abhinay, 2006. "Control Rights in Public-Private Partnerships," IZA Discussion Papers 2143, Institute of Labor Economics (IZA).
    23. Steven G. Medema, 2020. "The Coase Theorem at Sixty," Journal of Economic Literature, American Economic Association, vol. 58(4), pages 1045-1128, December.
    24. Madhav Aney, 2015. "Inefficiency in the shadow of unobservable reservation payoffs," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 44(4), pages 833-859, April.
    25. Elodie Bertrand, 2019. "Much ado about nothing? The controversy over the validity of the Coase theorem," Post-Print hal-03479468, HAL.
    26. Sigifredo Laengle & Gino Loyola & David Tobón-Orozco, 2020. "Bargaining under polarization: The case of the Colombian armed conflict," Journal of Peace Research, Peace Research Institute Oslo, vol. 57(4), pages 551-563, July.
    27. Rosenkranz, Stephanie & Schmitz, Patrick W., 2002. "Book Review of “Bargaining Theory with Applications” (Muthoo, 1999)," MPRA Paper 6973, University Library of Munich, Germany.
    28. Techer, Kevin, 2021. "Stable agreements through liability rules: A multi-choice game approach to the social cost problem," Mathematical Social Sciences, Elsevier, vol. 111(C), pages 77-88.
    29. Piacquadio Paolo G. & Di Bartolomeo Giovanni & Acocella Nicola, 2009. "A simple framework for investigating the properties of policy games," wp.comunite 0059, Department of Communication, University of Teramo.
    30. Nicolas Quérou, 2005. "Obtaining a Unique, Efficient Norm Through Negotiation by Linking Porposals," Working Papers 05-02, LAMETA, Universtiy of Montpellier, revised Jan 2005.
    31. Spagnolo, G., 1999. "Issue Linkage, Delegation, and International Policy Cooperation," Cambridge Working Papers in Economics 9913, Faculty of Economics, University of Cambridge.
    32. Schwartz, Alan & Watson, Joel, 2001. "The Law and Economics of Costly Contracting," University of California at San Diego, Economics Working Paper Series qt2wh8m7bv, Department of Economics, UC San Diego.
    33. Milan Horniacek, 2004. "Folk Theorem For Bilateral Bargaining with Vector Endowments," Bulletin of Economic Research, Wiley Blackwell, vol. 56(3), pages 283-297, July.
    34. M’hand Fares, 2005. "Quels fondements à l’incomplétude des contrats?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 81(3), pages 535-555.

  27. Felli, L. & Roberts, K., 1999. "Competition and Hold-Ups," Economics Papers 1999-w17, Economics Group, Nuffield College, University of Oxford.

    Cited by:

    1. Deishin Lee & Haim Mendelson, 2007. "Adoption of Information Technology Under Network Effects," Information Systems Research, INFORMS, vol. 18(4), pages 395-413, December.

  28. Cornelli, Francesca & Felli, Leonardo, 1998. "Revenue Efficiency and Change of Control: The Case of Bankruptcy," CEPR Discussion Papers 2030, C.E.P.R. Discussion Papers.

    Cited by:

    1. Francesca Cornelli & Leonardo Felli, 2000. "How to Sell a (Bankrupt) Company," CESifo Working Paper Series 292, CESifo.
    2. Mitchell Berlin & Loretta J. Mester, 2000. "Optimal financial contracts for large investors: the role of lender liability," Working Papers 00-1, Federal Reserve Bank of Philadelphia.
    3. Ernst-Ludwig VON THADDEN & Erik BERGLÖF & Gérard ROLAND, 2003. "Optimal Debt Design and the Role of Bankruptcy," Cahiers de Recherches Economiques du Département d'économie 03.13, Université de Lausanne, Faculté des HEC, Département d’économie.

  29. Anderlini, Luca & Felli, Leonardo, 1998. "Incomplete Contracts and Complexity Costs," MPRA Paper 28483, University Library of Munich, Germany.

    Cited by:

    1. Kvaløy, Ola & Olsen, Trond E., 2004. "Endogenous Verifiability in Relational Contracting," Discussion Papers 2004/20, Norwegian School of Economics, Department of Business and Management Science.
    2. Toru Suzuki, 2020. "Efficiently Imprecise Contracts," Working Paper Series 2020/07, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
    3. Sharon Novak & Scott Stern, 2007. "How Does Outsourcing Affect Performance Dynamics? Evidence from the Automobile Industry," NBER Working Papers 13235, National Bureau of Economic Research, Inc.
    4. Martimort, David & Iossa, Elisabetta, 2015. "Corruption in PPPs, Incentives and Contract Incompleteness," CEPR Discussion Papers 10925, C.E.P.R. Discussion Papers.
    5. Lewis A. Kornhauser & W. Bentley MacLeod, 2010. "Contracts between Legal Persons," NBER Working Papers 16049, National Bureau of Economic Research, Inc.
    6. Nicolai J. Foss, 2010. "Bounded Rationality and Organizational Economics," Chapters, in: Peter G. Klein & Michael E. Sykuta (ed.), The Elgar Companion to Transaction Cost Economics, chapter 14, Edward Elgar Publishing.
    7. Liang Guo, 2021. "Partial Unraveling and Strategic Contract Timing," Management Science, INFORMS, vol. 67(12), pages 7719-7736, December.
    8. Alan Schwartz, 2004. "The Law and Economics of Costly Contracting," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 20(1), pages 2-31, April.
    9. Pierpaolo Battigalli & Giovanni Maggi, 2004. "Costly Contracting in a Long-Term Relationship," Working Papers 04-33, New York University, Leonard N. Stern School of Business, Department of Economics.
    10. Zhongwen Chen & Xiaojian Zhao, 2023. "Strategic Information Suppression in Borrowing and Pre-Lending Cognition: Theory and Evidence," Games, MDPI, vol. 14(3), pages 1-24, May.
    11. Carsten Herrmann-Pillath, 2009. "Diversity, identity, and the indeterminacy of the size of nations," European Journal of Law and Economics, Springer, vol. 27(1), pages 15-38, February.
    12. Sharon Novak & Scott Stern, 2008. "How Does Outsourcing Affect Performance Dynamics? Evidence from the Automobile Industry," Management Science, INFORMS, vol. 54(12), pages 1963-1979, December.
    13. Dessi, Roberta, 2009. "Contractual Execution, Strategic Incompleteness and Venture Capital," TSE Working Papers 09-075, Toulouse School of Economics (TSE).
    14. Anderlini, Luca & Felli, Leonardo, 2004. "Bounded rationality and incomplete contracts," Research in Economics, Elsevier, vol. 58(1), pages 3-30, March.
    15. Rubinchik-Pessach, Anna, 2005. "Can decentralization be beneficial?," Journal of Public Economics, Elsevier, vol. 89(7), pages 1231-1249, July.
    16. Alberto Bacchiega & Gianni De Fraja, 2004. "Constitutional Design and Investment in Cooperatives and Investor‐Owned Enterprises," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 75(2), pages 265-293, June.
    17. Anderlini, Luca & Felli, Leonardo & Al-Najjar, Nabil I., 2002. "Unforeseen Contingencies," CEPR Discussion Papers 3271, C.E.P.R. Discussion Papers.
    18. Evelina Mengova, 2014. "Quality of Institutions and Outsourcing," International Economic Journal, Taylor & Francis Journals, vol. 28(4), pages 639-659, December.
    19. Tirole, Jean, 2008. "Cognition and Incomplete Contracts," IDEI Working Papers 453, Institut d'Économie Industrielle (IDEI), Toulouse.
    20. Dana Heller & Ran Spiegler, 2008. "Contradiction as a form of Contractual Incompleteness," Economic Journal, Royal Economic Society, vol. 118(530), pages 875-888, July.
    21. Ernst-Ludwig Thadden & Xiaojian Zhao, 2014. "Multi-task agency with unawareness," Theory and Decision, Springer, vol. 77(2), pages 197-222, August.
    22. Carsten Herrmann-Pillath, 2008. "International Market Access Rights and the Evolution of the International Trade System," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 164(2), pages 302-326, June.
    23. Hideshi Itoh, 2023. "What do contracts do to facilitate relationships?," The Japanese Economic Review, Springer, vol. 74(3), pages 333-354, July.
    24. Gordanier, John & Miao, Chun-Hui, 2011. "On the duration of technology licensing," International Journal of Industrial Organization, Elsevier, vol. 29(6), pages 755-765.
    25. Ying-Ju Chen & Xiaojian Zhao, 2013. "Solution Concepts of Principal-Agent Models with Unawareness of Actions," Games, MDPI, vol. 4(3), pages 1-24, August.
    26. Alan Schwartz & Joel Watson, 2013. "Conceptualizing Contractual Interpretation," The Journal of Legal Studies, University of Chicago Press, vol. 42(1), pages 1-34.
    27. Kvaløy, Ola & Olsen, Trond, 2012. "Incentive provision when contracting is costly," UiS Working Papers in Economics and Finance 2012/16, University of Stavanger.
    28. Schwartz, Alan & Watson, Joel, 2001. "The Law and Economics of Costly Contracting," University of California at San Diego, Economics Working Paper Series qt2wh8m7bv, Department of Economics, UC San Diego.
    29. Steven Shavell, 2003. "On the Writing and the Interpretation of Contracts," NBER Working Papers 10094, National Bureau of Economic Research, Inc.
    30. M. Martin Boyer, 2004. "On the Use of Hierarchies to Complete Contracts when Players Have Limited Abilities," CIRANO Working Papers 2004s-41, CIRANO.
    31. M’hand Fares, 2005. "Quels fondements à l’incomplétude des contrats?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 81(3), pages 535-555.
    32. Lemke, Robert J., 2004. "Dynamic bargaining with action-dependent valuations," Journal of Economic Dynamics and Control, Elsevier, vol. 28(9), pages 1847-1875, July.
    33. Lorenzo Sacconi, 2001. "Incomplete contracts and corporate ethics: a game theoretical model under fuzzy information," LIUC Papers in Ethics, Law and Economics 91, Cattaneo University (LIUC).
    34. Marina Fiedler & Carolin Blank & Arnold Picot, 2010. "Antecedents of Intentionally Incomplete Inter-Firm Contracts," Schmalenbach Journal of Business Research, Springer, vol. 62(62), pages 133-157, January.

  30. Leonardo Felli & F Ortalo-Magne, 1998. "Technological Innovations Slumps and Booms," CEP Discussion Papers dp0394, Centre for Economic Performance, LSE.

    Cited by:

    1. Rodolfo Manuelli & Ananth Seshadri, 2003. "Frictionless Technology Diffusion: The Case of Tractors," NBER Working Papers 9604, National Bureau of Economic Research, Inc.
    2. Nahuis, R., 1998. "The Dynamics of a General Purpose Technology in a Research and Assimilation Model," Other publications TiSEM 001a5f0f-16ac-4e0a-957c-8, Tilburg University, School of Economics and Management.
    3. Aruga, Osamu, 2007. "Conventional or New? Optimal Investment Allocation across Vintages of Technology," MPRA Paper 6043, University Library of Munich, Germany.

  31. Anderlini, L. & Felli, L., 1997. "Costly Coasian Contracts," Cambridge Working Papers in Economics 9704, Faculty of Economics, University of Cambridge.

    Cited by:

    1. Luca Anderlini & Leonardo Felli, 2001. "Transaction Costs and the Robustness of the Coase Theorem," STICERD - Theoretical Economics Paper Series 409, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    2. Luca Anderlini & Leonardo Felli, "undated". "Costly Coasian Contracts," Penn CARESS Working Papers c5b2efc4326ca8bb8162440d6, Penn Economics Department.
    3. Anderlini, Luca & Felli, Leonardo, 2001. "Costly Bargaining and Renegotiation," Econometrica, Econometric Society, vol. 69(2), pages 377-411, March.
    4. Rey, Patrick & Tirole, Jean, 2001. "Alignement of Interests and the Governance of Joint Ventures," IDEI Working Papers 441, Institut d'Économie Industrielle (IDEI), Toulouse.
    5. G. Schwartz, 2000. "Contract Incompleteness, Contractual Enforcement and Bureaucracies," Princeton Economic Theory Papers 00s16, Economics Department, Princeton University.
    6. Daron Acemoglu, 2002. "Why Not a Political Coase Theorem? Social Conflict, Commitment and Politics," NBER Working Papers 9377, National Bureau of Economic Research, Inc.
    7. Luca Anderlini & Leonardo Felli, 1999. "Incomplete Contracts and Complexity Costs," Theory and Decision, Springer, vol. 46(1), pages 23-50, February.

  32. Leonardo Felli, 1996. "Preventing Collusion Through Discretion," STICERD - Theoretical Economics Paper Series /1996/303, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.

    Cited by:

    1. Zingales, Luigi & Novaes, Walter, 2003. "Bureaucracy as a Mechanism to Generate Information," CEPR Discussion Papers 3945, C.E.P.R. Discussion Papers.
    2. Rafael Hortala‐Vallve & Miguel Sanchez Villalba, 2010. "Internalizing Team Production Externalities through Delegation: The British Passenger Rail Sector as an Example," Economica, London School of Economics and Political Science, vol. 77(308), pages 785-792, October.
    3. Axel Gautier & Dimitri Paolini, 2000. "Delegation and Information Revelation," Econometric Society World Congress 2000 Contributed Papers 1292, Econometric Society.
    4. Celik, Gorkem, 2009. "Mechanism design with collusive supervision," Journal of Economic Theory, Elsevier, vol. 144(1), pages 69-95, January.
    5. Barlo, Mehmet & Ayca, Ozdogan, 2012. "Team beats collusion," MPRA Paper 37449, University Library of Munich, Germany.
    6. Peter Howitt & Philippe Aghion, 1997. "Ajustement macroéconomique aux technologies multi-usages," L'Actualité Economique, Société Canadienne de Science Economique, vol. 73(4), pages 575-593.
    7. Mehmet Barlo & Ayça Özdoğan, 2013. "The Optimality of Team Contracts," Games, MDPI, vol. 4(4), pages 1-20, November.
    8. Leonardo Felli & J. Miguel Villas-Boas, 1988. ""Friendships" in Vertical Relations," Boston College Working Papers in Economics 204, Boston College Department of Economics.

  33. Luca Anderlini & Leonardo Felli, 1996. "Costly Contingent Contracts," STICERD - Theoretical Economics Paper Series /1996/313, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.

    Cited by:

    1. Luca Anderlini & Leonardo Felli, 2001. "Transaction Costs and the Robustness of the Coase Theorem," STICERD - Theoretical Economics Paper Series 409, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    2. Luca Anderlini & Leonardo Felli, "undated". "Costly Coasian Contracts," Penn CARESS Working Papers c5b2efc4326ca8bb8162440d6, Penn Economics Department.
    3. HEGE, Ulrich & VIALA, Pascale, 1997. "Contentious Contracts," Cahiers de recherche 9711, Universite de Montreal, Departement de sciences economiques.
    4. Constanza M. Fosco Perea M, "undated". "Ambigüedad estratégica en contratos públicos de suministro," ILADES-UAH Working Papers inv127, Universidad Alberto Hurtado/School of Economics and Business.

  34. Francesca Cornelli & Leonardo Felli, 1996. "Ex-ante Efficiency of Bankruptcy Procedures," Finance 9610001, University Library of Munich, Germany.

    Cited by:

    1. Marco Bisogno, 2012. "The Accessibility Of The Italian Bankruptcy Procedures: An Empirical Analysis," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 2(2), pages 1-24, December.
    2. Korkeamaki, Timo & Koskinen, Yrjo & Takalo, Tuomas, 2007. "Phoenix rising: Legal reforms and changes in valuations in Finland during the economic crisis," Journal of Financial Stability, Elsevier, vol. 3(1), pages 33-58, April.
    3. Régis Blazy & Bertrand Chopard, 2004. "Ex post Efficiency of Bankruptcy Procedures : A General Normative Framework," Post-Print hal-00279018, HAL.
    4. Kolecek, Ludek, 2008. "Bankruptcy laws and debt renegotiation," Journal of Financial Stability, Elsevier, vol. 4(1), pages 40-61, April.
    5. Gennaioli, Nicola & Rossi, Stefano, 2008. "Optimal Resolutions of Financial Distress by Contract," CEI Working Paper Series 2008-6, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    6. Alessandro Penati & Luigi Zingales, 1997. "Efficiency and Distribution in Financial Restructuring: The Case of the Ferruzzi Group," CRSP working papers 466, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
    7. Hege, Ulrich, 2003. "Workouts, court-supervised reorganization and the choice between private and public debt," Journal of Corporate Finance, Elsevier, vol. 9(2), pages 233-269, March.
    8. Cargill, Thomas F. & Parker, Elliott, 2002. "Asian finance and the role of bankruptcy: a model of the transition costs of financial liberalization," Journal of Asian Economics, Elsevier, vol. 13(3), pages 297-318.
    9. Closset, Frédéric & Großmann, Christoph & Kaserer, Christoph & Urban, Daniel, 2023. "Corporate restructuring and creditor power: Evidence from European insolvency law reforms," Journal of Banking & Finance, Elsevier, vol. 149(C).
    10. Mathur, Aparna, 2013. "Beyond bankruptcy: Does the US bankruptcy code provide a fresh start to entrepreneurs?," Journal of Banking & Finance, Elsevier, vol. 37(11), pages 4198-4216.
    11. Clas Wihlborg, 2002. "Insolvency and Debt Recovery Procedures in Economic Development: An Overview of African Law," WIDER Working Paper Series DP2002-27, World Institute for Development Economic Research (UNU-WIDER).
    12. Régis Blazy & Laurent Weill, 2007. "The impact of legal sanctions on moral hazard when debt contracts are renegotiable?," Working Papers CEB 07-012.RS, ULB -- Universite Libre de Bruxelles.
    13. Régis Blazy & Laurent Weill, 2006. "How Recovery Process Influences the Design of Debt Contracts?," LSF Research Working Paper Series 06-08, Luxembourg School of Finance, University of Luxembourg.
    14. Régis Blazy & Nicolae Stef, 2020. "Bankruptcy procedures in the post-transition economies," European Journal of Law and Economics, Springer, vol. 50(1), pages 7-64, August.
    15. Closset, Frédéric & Urban, Daniel, 2019. "The balance of power between creditors and the firm: Evidence from German insolvency law," Journal of Corporate Finance, Elsevier, vol. 58(C), pages 454-477.
    16. Michelle J. White, 2005. "Economic Analysis of Corporate and Personal Bankruptcy Law," NBER Working Papers 11536, National Bureau of Economic Research, Inc.
    17. Jose M Garrido, 2016. "Insolvency and Enforcement Reforms in Italy," IMF Working Papers 2016/134, International Monetary Fund.
    18. Dinev, Nikolay, 2017. "Voluntary Bankruptcy as Preemptive Persuasion," Economics Series 334, Institute for Advanced Studies.
    19. Régis Blazy & Gisèle Umbhauer & Laurent Weill, 2008. "How Bankruptcy Punishment Influences the Ex-Ante Design of Debt Contracts?," LSF Research Working Paper Series 08-04, Luxembourg School of Finance, University of Luxembourg.
    20. Régis Blazy & Bruno Deffains & Gisele Umbhauer & Laurent Weill, 2013. "Severe or gentle bankruptcy law : Which impact on investing and financing decisions ?," Post-Print hal-01753883, HAL.
    21. Gangopadhyay, Shubhashis & Wihlborg, Clas, 2001. "The Impact of Bankruptcy Rules on Risky Project Choice and Skill Formation under Credit Rationing," Working Papers 2001-5, Copenhagen Business School, Department of Finance.
    22. Régis BLAZY & Nicolae STEF, 2015. "How do bankruptcy systems perform in Eastern Europe?," Working Papers of LaRGE Research Center 2015-07, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg.
    23. Régis Blazy & Bertrand Chopard & Agnès Fimayer & Jean-Daniel Guigou, 2009. "Financial versus Social Efficiency of Corporate Bankruptcy Law: the French Dilemma?," Working Papers of BETA 2009-12, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    24. Régis Blazy & Joël Petey & Laurent Weill, 2018. "Serving the creditors after insolvency filings: from value creation to value distribution," European Journal of Law and Economics, Springer, vol. 45(2), pages 331-375, April.
    25. Ernst-Ludwig VON THADDEN & Erik BERGLÖF & Gérard ROLAND, 2003. "Optimal Debt Design and the Role of Bankruptcy," Cahiers de Recherches Economiques du Département d'économie 03.13, Université de Lausanne, Faculté des HEC, Département d’économie.
    26. Acharya, Viral V. & Sundaram, Rangarajan K. & John, Kose, 2011. "Cross-country variations in capital structures: The role of bankruptcy codes," Journal of Financial Intermediation, Elsevier, vol. 20(1), pages 25-54, January.
    27. Araújo, Aloísio Pessoa de & Funchal, Bruno, 2005. "Past and future of the bankruptcy law in Brazil and Latin America," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 599, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    28. Bhattacharyya, Sugato & Singh, Rajdeep, 1999. "The resolution of bankruptcy by auction: allocating the residual right of design," Journal of Financial Economics, Elsevier, vol. 54(3), pages 269-294, December.
    29. Zakolyukina Anastasia, 2006. "Bankrtuptcy in Russia: External Management Performance," EERC Working Paper Series 06-09e, EERC Research Network, Russia and CIS.
    30. M. M. Buehlmaier, Matthias, 2014. "Debt, equity, and information," Journal of Mathematical Economics, Elsevier, vol. 50(C), pages 54-62.
    31. Buttwill, Klas & Wihlborg, Clas, 2005. "The Efficiency of the Bankruptcy Process. An International Comparison," Ratio Working Papers 65, The Ratio Institute.

  35. Anderlini, L. & Felli, L., 1995. "Endogenous Agency Problems," Papers 200, Cambridge - Risk, Information & Quantity Signals.

    Cited by:

    1. Luca Anderlini & Leonardo Felli, 1995. "Describability and Agency Problems," Game Theory and Information 9511001, University Library of Munich, Germany, revised 20 Sep 1996.

  36. Luca Anderlini & Leonardo Felli, 1995. "Describability and Agency Problems," Game Theory and Information 9511001, University Library of Munich, Germany, revised 20 Sep 1996.

    Cited by:

    1. David A. Miller & Kareen Rozen, 2011. "Optimally Empty Promises and Endogenous Supervision," Levine's Working Paper Archive 786969000000000270, David K. Levine.
    2. Anderlini, Luca & Felli, Leonardo, 2004. "Bounded rationality and incomplete contracts," Research in Economics, Elsevier, vol. 58(1), pages 3-30, March.
    3. Anderlini, Luca & Felli, Leonardo & Al-Najjar, Nabil I., 2002. "Unforeseen Contingencies," CEPR Discussion Papers 3271, C.E.P.R. Discussion Papers.
    4. Shurojit Chatterji & Dragan Filipovich, 2004. "Ambiguous Contracting: Natural Language and Judicial Interpretation," Econometric Society 2004 North American Winter Meetings 419, Econometric Society.
    5. Krasa, Stefan & Williams, Steven R., 2007. "Limited observability as a constraint in contract design," Journal of Economic Theory, Elsevier, vol. 134(1), pages 379-404, May.
    6. M’hand Fares, 2005. "Quels fondements à l’incomplétude des contrats?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 81(3), pages 535-555.

  37. Anderlini, L. & Felli, L., 1993. "Incomplete Written Contracts: Undescribable States of Nature," Papers 183, Cambridge - Risk, Information & Quantity Signals.

    Cited by:

    1. Azar, Pablo D. & Micali, Silvio, 2018. "Computational principal agent problems," Theoretical Economics, Econometric Society, vol. 13(2), May.
    2. 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).
    3. Toru Suzuki, 2020. "Efficiently Imprecise Contracts," Working Paper Series 2020/07, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
    4. Nabil I. Al-Najjar & Luca Anderlini & Leonardo Felli, 2006. "Undescribable Events," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 73(4), pages 849-868.
    5. Nicolai J. Foss, 1996. "Firms, Incomplete Contracts and Organizational Learning," DRUID Working Papers 96-2, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    6. Enriqueta Aragones & Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2004. "Fact-Free Learning," Cowles Foundation Discussion Papers 1491, Cowles Foundation for Research in Economics, Yale University.
    7. M’hand Fares, 2011. "Can a specific performance contract solve the hold-up problem? [Un contrat à obligation d’exécution peut-il résoudre le problème du hold-up ?]," Post-Print hal-02647357, HAL.
    8. Kumabe, Masahiro & Mihara, H. Reiju, 2008. "Computability of simple games: A characterization and application to the core," Journal of Mathematical Economics, Elsevier, vol. 44(3-4), pages 348-366, February.
    9. Lewis A. Kornhauser & W. Bentley MacLeod, 2010. "Contracts between Legal Persons," NBER Working Papers 16049, National Bureau of Economic Research, Inc.
    10. Nicola Gennaioli & Giacomo A.M. Ponzetto, 2015. "Optimally Vague Contracts and the Law," Working Papers 747, Barcelona School of Economics.
    11. Liang Guo, 2021. "Partial Unraveling and Strategic Contract Timing," Management Science, INFORMS, vol. 67(12), pages 7719-7736, December.
    12. Sripad Motiram, 2010. "Incomplete Contracts, Incentives and Economic Power," Microeconomics Working Papers 23017, East Asian Bureau of Economic Research.
    13. Alan Schwartz, 2004. "The Law and Economics of Costly Contracting," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 20(1), pages 2-31, April.
    14. Luo, Yadong & Shenkar, Oded & Nyaw, Mee-Kau, 2002. "Mitigating liabilities of foreignness: Defensive versus offensive approaches," Journal of International Management, Elsevier, vol. 8(3), pages 283-300.
    15. Pierpaolo Battigalli & Giovanni Maggi, 2004. "Costly Contracting in a Long-Term Relationship," Working Papers 04-33, New York University, Leonard N. Stern School of Business, Department of Economics.
    16. Kumabe, Masahiro & Mihara, H. Reiju, 2011. "Computability of simple games: A complete investigation of the sixty-four possibilities," Journal of Mathematical Economics, Elsevier, vol. 47(2), pages 150-158, March.
    17. Nobel Prize Committee, 2016. "Oliver Hart and Bengt Holmström: Contract Theory," Nobel Prize in Economics documents 2016-1, Nobel Prize Committee.
    18. Dessi, Roberta, 2009. "Contractual Execution, Strategic Incompleteness and Venture Capital," TSE Working Papers 09-075, Toulouse School of Economics (TSE).
    19. M’hand Fares, 2009. "Specific performance, separability condition and the hold-up problem," Post-Print hal-02655908, HAL.
    20. MacLeod, W. Bentley, 2006. "Reputations, Relationships and the Enforcement of Incomplete Contracts," IZA Discussion Papers 1978, Institute of Labor Economics (IZA).
    21. Eduard Marinov, 2016. "The 2016 Nobel Prize in Economics," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 97-149.
    22. Sripad Motiram, 2019. "Incomplete Contracts, Power and Efficiency: A Theoretical Analysis," Studies in Microeconomics, , vol. 7(2), pages 173-188, December.
    23. Puga, Diego & Trefler, Daniel, 2002. "Knowledge Creation and Control in Organizations," CEPR Discussion Papers 3516, C.E.P.R. Discussion Papers.
    24. Lang, Matthias, 2019. "Communicating subjective evaluations," Journal of Economic Theory, Elsevier, vol. 179(C), pages 163-199.
    25. H. Reiju Mihara, 1997. "Arrow's Theorem, countably many agents, and more visible invisible dictators," Public Economics 9705001, University Library of Munich, Germany, revised 01 Jun 2004.
    26. Anderlini, Luca & Felli, Leonardo, 2004. "Bounded rationality and incomplete contracts," Research in Economics, Elsevier, vol. 58(1), pages 3-30, March.
    27. Eric Maskin, 2001. "On Indescribable Contingencies and Incomplete Contracts," Economics Working Papers 0008, Institute for Advanced Study, School of Social Science.
    28. Danziger, Leif, 1995. "Discrete shocks and fixed duration of labor contracts," Labour Economics, Elsevier, vol. 2(4), pages 359-379, December.
    29. Mehrdad Vahabi, 1999. "From Walrasian General Equilibrium to Incomplete Contracts: Making Sense of Institutions," Post-Print halshs-03704424, HAL.
    30. Enriqueta Aragones & Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2003. "Accuracy vs. Simplicity: A Complex Trade-Off," UFAE and IAE Working Papers 564.03, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    31. W. Bentley MacLeod, 1996. "Decision, Contract and Emotion: Some Economics for a Complex and Confusing World," Boston College Working Papers in Economics 336., Boston College Department of Economics.
    32. Guru Guruganesh & Yoav Kolumbus & Jon Schneider & Inbal Talgam-Cohen & Emmanouil-Vasileios Vlatakis-Gkaragkounis & Joshua R. Wang & S. Matthew Weinberg, 2024. "Contracting with a Learning Agent," Papers 2401.16198, arXiv.org.
    33. Luca Anderlini & Leonardo Felli & Alessandro Riboni, 2018. "Legal Efficiency and Consistency," Working Papers gueconwpa~18-18-12, Georgetown University, Department of Economics.
    34. HEGE, Ulrich & VIALA, Pascale, 1997. "Contentious Contracts," Cahiers de recherche 9711, Universite de Montreal, Departement de sciences economiques.
    35. Tirole, Jean, 2008. "Cognition and Incomplete Contracts," IDEI Working Papers 453, Institut d'Économie Industrielle (IDEI), Toulouse.
    36. Nell, Martin & Richter, Andreas & Schiller, Jörg, 2006. "When prices hardly matter: Incomplete insurance contracts and markets for repair goods," Discussion Papers in Business Administration 1187, University of Munich, Munich School of Management.
    37. M'hand Fares, 2009. "Specific Performance, Separability Condition and the Hold-Up Problem," Economics Bulletin, AccessEcon, vol. 29(3), pages 2055-2062.
    38. Eduardo Saavedra, "undated". "Alternative Institutional Arrangements in Network Utilities: An Incomplete Contracting Approach," ILADES-UAH Working Papers inv116, Universidad Alberto Hurtado/School of Economics and Business.
    39. Oriol Carbonell-Nicolau & Diego Comin, 2005. "Testing out Contractual Incompleteness: Evidence from Soccer," NBER Working Papers 11110, National Bureau of Economic Research, Inc.
    40. Nabil Al-Najjar & Luca Anderlini & Leonardo Felli, 2003. "Undescribable Contingencies," Discussion Papers 1370, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    41. Dana Heller & Ran Spiegler, 2008. "Contradiction as a form of Contractual Incompleteness," Economic Journal, Royal Economic Society, vol. 118(530), pages 875-888, July.
    42. Hyytinen, Ari & Steen, Frode & Toivanen, Otto, 2012. "Anatomy of Cartel Contracts," Discussion Paper Series in Economics 25/2012, Norwegian School of Economics, Department of Economics.
    43. Sripad Motiram, 2010. "Incomplete Contracts, Incentives and Economic Power," Working Papers id:3123, eSocialSciences.
    44. Luca Anderlini & Leonardo Felli, 1998. "Costly Bargaining and Renegotiation - (Now published in Econometrica, 69(4) (March 2001), pp. 377-411.)," STICERD - Theoretical Economics Paper Series 361, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    45. Zhe Zhang & Ming Jia & Difang Wan, 2012. "When does a partner’s reputation impact cooperation effects in partnerships?," Asia Pacific Journal of Management, Springer, vol. 29(3), pages 547-571, September.
    46. Luca Anderlini & Leonardo Felli, 1999. "Incomplete Contracts and Complexity Costs," Theory and Decision, Springer, vol. 46(1), pages 23-50, February.
    47. Anderlini, Luca, 1998. "Forecasting errors and bounded rationality: An example," Mathematical Social Sciences, Elsevier, vol. 36(2), pages 71-90, September.
    48. Patrick Bolton & Antoine Faure-Grimaud, 2009. "Satisficing Contracts," NBER Working Papers 14654, National Bureau of Economic Research, Inc.
    49. Surajeet Chakravarty & W. Bentley MacLeod, 2008. "Contracting in the Shadow of the Law," NBER Working Papers 13960, National Bureau of Economic Research, Inc.
    50. Hideshi Itoh, 2023. "What do contracts do to facilitate relationships?," The Japanese Economic Review, Springer, vol. 74(3), pages 333-354, July.
    51. Constanza M. Fosco Perea M, "undated". "Ambigüedad estratégica en contratos públicos de suministro," ILADES-UAH Working Papers inv127, Universidad Alberto Hurtado/School of Economics and Business.
    52. Gordanier, John & Miao, Chun-Hui, 2011. "On the duration of technology licensing," International Journal of Industrial Organization, Elsevier, vol. 29(6), pages 755-765.
    53. 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.
    54. Matthias Lang, 2020. "Mechanism Design with Narratives," CESifo Working Paper Series 8502, CESifo.
    55. Chong-en Bai & Zhigang Tao, 1997. "Contract Mix and Ownership," Boston College Working Papers in Economics 345., Boston College Department of Economics.
    56. Surajeet Chakravarty & Miltiadis Makris, 2012. "Designing Incentives under Multidimensional Performance Measures," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 168(4), pages 687-711, December.
    57. Benjamin E. Hermalin, 2008. "Vague Terms: Contracting when Precision in Terms is Infeasible," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 164(1), pages 76-94, March.
    58. Sripad Motiram, 2010. "Incomplete contracts, incentives and economic power," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2010-011, Indira Gandhi Institute of Development Research, Mumbai, India.
    59. Kvaløy, Ola & Olsen, Trond, 2012. "Incentive provision when contracting is costly," UiS Working Papers in Economics and Finance 2012/16, University of Stavanger.
    60. Luca Anderlini & Leonardo Felli, 1995. "Describability and Agency Problems," Game Theory and Information 9511001, University Library of Munich, Germany, revised 20 Sep 1996.
    61. Krasa, Stefan & Williams, Steven R., 2007. "Limited observability as a constraint in contract design," Journal of Economic Theory, Elsevier, vol. 134(1), pages 379-404, May.
    62. Schwartz, Alan & Watson, Joel, 2001. "The Law and Economics of Costly Contracting," University of California at San Diego, Economics Working Paper Series qt2wh8m7bv, Department of Economics, UC San Diego.
    63. Daniel Danau, 2019. "Contract law and Contract theory. A survey and some considerations," Economics Working Paper Archive (University of Rennes & University of Caen) 2019-04, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.
    64. Andaluz-Alcazar, Alvaro, 2012. "Choix d'investissement sous incertitude des gestionnaires des réseaux de distribution (GRD) en Europe à l'horizon 2030," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/10862 edited by Keppler, Jan Horst.
    65. Quitz'e Valenzuela-Stookey, 2020. "Subjective Complexity Under Uncertainty," Papers 2006.01852, arXiv.org, revised Oct 2022.
    66. Kim, Stephen K. & Tiwana, Amrit, 2022. "Franchising contracts as routines: Untangling the adaptive value of incomplete contracts," Journal of Business Research, Elsevier, vol. 152(C), pages 177-190.
    67. Nabil I. Al-Najjar & Ramon Casadesus-Masanell & Emre Ozdenoren, 1999. "Subjective Representation of Complexity," Discussion Papers 1249, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    68. M. Martin Boyer, 2004. "On the Use of Hierarchies to Complete Contracts when Players Have Limited Abilities," CIRANO Working Papers 2004s-41, CIRANO.
    69. M’hand Fares, 2005. "Quels fondements à l’incomplétude des contrats?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 81(3), pages 535-555.
    70. Mihara, H. Reiju, 1999. "Arrow's theorem, countably many agents, and more visible invisible dictators1," Journal of Mathematical Economics, Elsevier, vol. 32(3), pages 267-287, November.

  38. Leonardo Felli & Antonio Merlo, "undated". "Endogenous Lob," Penn CARESS Working Papers 1a3065cabe91a2a7ec65d93b0, Penn Economics Department.

    Cited by:

    1. Börner, Kira, 2004. "Political Economy Reasons for Government Inertia: The Role of Interest Groups in the Case of Access to Medicines," Discussion Papers in Economics 313, University of Munich, Department of Economics.
    2. Keefer, Philip, 2001. "When do special interests run rampant ? disentangling the role in banking crises of elections, incomplete information, and checks and balances," Policy Research Working Paper Series 2543, The World Bank.

Articles

  1. Anderlini, Luca & Felli, Leonardo & Riboni, Alessandro, 2020. "Legal efficiency and consistency," European Economic Review, Elsevier, vol. 121(C).
    See citations under working paper version above.
  2. Luca Anderlini & Leonardo Felli & Giovanni Immordino, 2019. "Costly Pretrial Agreements," The Journal of Legal Studies, University of Chicago Press, vol. 48(1), pages 159-188.
    See citations under working paper version above.
  3. Felli, Leonardo & Harris, Christopher, 2018. "Firm-specific training," Journal of Economic Theory, Elsevier, vol. 175(C), pages 585-623.
    See citations under working paper version above.
  4. Leonardo Felli & Kevin Roberts, 2016. "Does Competition Solve the Hold-up Problem?," Economica, London School of Economics and Political Science, vol. 83(329), pages 172-200, January.
    See citations under working paper version above.
  5. Felli, Leonardo & Hortala-Vallve, Rafael, 2016. "Collusion, Blackmail and Whistle-Blowing," Quarterly Journal of Political Science, now publishers, vol. 11(3), pages 279-312, October.
    See citations under working paper version above.
  6. Mariagiovanna Baccara & Allan Collard-Wexler & Leonardo Felli & Leeat Yariv, 2014. "Child-Adoption Matching: Preferences for Gender and Race," American Economic Journal: Applied Economics, American Economic Association, vol. 6(3), pages 133-158, July.
    See citations under working paper version above.
  7. Luca Anderlini & Leonardo Felli & Alessandro Riboni, 2014. "Why Stare Decisis?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(4), pages 726-738, October.
    See citations under working paper version above.
  8. Luca Anderlini & Leonardo Felli & Giovanni Immordino & Alessandro Riboni, 2013. "Legal Institutions, Innovation, And Growth," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 54(3), pages 937-956, August.
    See citations under working paper version above.
  9. Renée Birgit Adams & Francesca Cornelli & Leonardo Felli, 2012. "How to Sell a (Bankrupt) Company," International Review of Finance, International Review of Finance Ltd., vol. 12(2), pages 197-226, June.
    See citations under working paper version above.
  10. Anderlini Luca & Felli Leonardo & Postlewaite Andrew, 2011. "Should Courts Always Enforce What Contracting Parties Write?," Review of Law & Economics, De Gruyter, vol. 7(1), pages 14-28, February.
    See citations under working paper version above.
  11. Leonardo Felli & Antonio Merlo, 2007. "If You Cannot Get Your Friends Elected, Lobby Your Enemies," Journal of the European Economic Association, MIT Press, vol. 5(2-3), pages 624-635, 04-05.

    Cited by:

    1. P. Roberti, 2016. "Citizens or lobbies: who controls policy?," Working Papers wp1085, Dipartimento Scienze Economiche, Universita' di Bologna.
    2. Keith E. Schnakenberg & Ian R. Turner, 2021. "Helping Friends or Influencing Foes: Electoral and Policy Effects of Campaign Finance Contributions," American Journal of Political Science, John Wiley & Sons, vol. 65(1), pages 88-100, January.
    3. Zudenkova, Galina, 2010. "Sincere Lobby Formation," MPRA Paper 28249, University Library of Munich, Germany.
    4. Bils, Peter & Duggan, John & Judd, Gleason, 2021. "Lobbying and policy extremism in repeated elections," Journal of Economic Theory, Elsevier, vol. 193(C).
    5. Ulrich Matter & Paolo Roberti & Michaela Slotwinski, 2019. "Vote Buying in the US Congress," CESifo Working Paper Series 7841, CESifo.
    6. Jan Klingelhöfer, 2019. "Lobbying And Elections," Bulletin of Economic Research, Wiley Blackwell, vol. 71(1), pages 1-17, January.
    7. Klingelhöfer, Jan, 2013. "Lobbying and Elections," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79722, Verein für Socialpolitik / German Economic Association.
    8. Schnakenberg, Keith & Turner, Ian R, 2023. "Formal Theories of Special Interest Influence," SocArXiv 47e26, Center for Open Science.
    9. Zudenkova Galina, 2017. "Lobbying as a Guard against Extremism," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 17(1), pages 1-17, January.
    10. Schnakenberg, Keith & Turner, Ian R, 2019. "Helping Friends or Influencing Foes: Electoral and Policy Effects of Campaign Finance Contributions," SocArXiv nphgu, Center for Open Science.
    11. James Rockey & Nadia Zakir, 2021. "Power and the money, money and the power: A network analysis of donations from American corporate to political leaders," Discussion Papers 21-03, Department of Economics, University of Birmingham.
    12. Louis-Sidois, Charles, 2024. "Buying winners," Games and Economic Behavior, Elsevier, vol. 143(C), pages 1-11.

  12. Luca Anderlini & Leonardo Felli, 2006. "Transaction Costs and the Robustness of the Coase Theorem," Economic Journal, Royal Economic Society, vol. 116(508), pages 223-245, January.
    See citations under working paper version above.
  13. Leonardo Felli & Antonio Merlo, 2006. "Endogenous Lobbying," Journal of the European Economic Association, MIT Press, vol. 4(1), pages 180-215, March.
    See citations under working paper version above.
  14. Nabil I. Al-Najjar & Luca Anderlini & Leonardo Felli, 2006. "Undescribable Events," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 73(4), pages 849-868.
    See citations under working paper version above.
  15. Anderlini, Luca & Felli, Leonardo, 2004. "Bounded rationality and incomplete contracts," Research in Economics, Elsevier, vol. 58(1), pages 3-30, March.
    See citations under working paper version above.
  16. Anderlini, Luca & Felli, Leonardo, 2001. "Costly Bargaining and Renegotiation," Econometrica, Econometric Society, vol. 69(2), pages 377-411, March.
    See citations under working paper version above.
  17. Leonardo Felli & J. Miguel Villas‐Boas, 2000. "Renegotiation and Collusion in Organizations," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 9(4), pages 453-483, December.

    Cited by:

    1. Faure-Grimaud, Antoine & Laffont, Jean-Jacques & Martimort, David, 2002. "Risk averse supervisors and the efficiency of collusion," LSE Research Online Documents on Economics 20, London School of Economics and Political Science, LSE Library.
    2. Tinglong Dai & Kinshuk Jerath, 2013. "Salesforce Compensation with Inventory Considerations," Management Science, INFORMS, vol. 59(11), pages 2490-2501, November.
    3. Ling‐Chieh Kung & Ying‐Ju Chen, 2011. "Monitoring the market or the salesperson? The value of information in a multilayer supply chain," Naval Research Logistics (NRL), John Wiley & Sons, vol. 58(8), pages 743-762, December.
    4. Mustafa Dogan & Alexandre Jacquillat & Pinar Yildirim, 2024. "Strategic automation and decision‐making authority," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 33(1), pages 203-246, January.
    5. Ajit Mishra & Andrew Samuel, 2013. "Corruption and Hold-Up: The Role of Intermediaries," Department of Economics Working Papers 12/13, University of Bath, Department of Economics.
    6. Li, Yanran & Li, Bo & Wang, Minxue & Liu, Yang, 2023. "Optimal sales strategies for an omni-channel manufacturer in livestreaming demonstration trends," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 180(C).
    7. Juan Ortner & Sylvain Chassang, 2014. "Making Collusion Hard: Asymmetric Information as a Counter-Corruption Measure," Working Papers 064-2014, Princeton University, Department of Economics, Econometric Research Program..
    8. Kong-Pin Chen, 2005. "External Recruitment as an Incentive Device," Journal of Labor Economics, University of Chicago Press, vol. 23(2), pages 259-278, April.
    9. Scholz, Julia, 2008. "Auswirkungen vertikaler Kollusionsprobleme auf die vertragliche Ausgestaltung von Kreditverkäufen," Discussion Papers in Business Administration 4581, University of Munich, Munich School of Management.

  18. Luca Anderlini & Leonardo Felli, 1999. "Incomplete Contracts and Complexity Costs," Theory and Decision, Springer, vol. 46(1), pages 23-50, February.
    See citations under working paper version above.
  19. Anderlini, Luca & Felli, Leonardo, 1998. "Describability and agency problems," European Economic Review, Elsevier, vol. 42(1), pages 35-59, January.
    See citations under working paper version above.
  20. Cornelli, Francesca & Felli, Leonardo, 1997. "Ex-ante efficiency of bankruptcy procedures," European Economic Review, Elsevier, vol. 41(3-5), pages 475-485, April.
    See citations under working paper version above.
  21. Felli, Leonardo & Harris, Christopher, 1996. "Learning, Wage Dynamics, and Firm-Specific Human Capital," Journal of Political Economy, University of Chicago Press, vol. 104(4), pages 838-868, August.

    Cited by:

    1. Peitz, Martin & Rady, Sven & Trepper, Piers, 2017. "Experimentation in Two-Sided Markets," Munich Reprints in Economics 55039, University of Munich, Department of Economics.
    2. Giuseppe Moscarini & Marco Ottaviani, 1998. "Price Competition for an Informed Buyer," Cowles Foundation Discussion Papers 1199, Cowles Foundation for Research in Economics, Yale University.
    3. Bayo-Moriones, Alberto & Galdon-Sanchez, Jose Enrique & Güell, Maia, 2004. "Is Seniority-Based Pay Used as a Motivation Device? Evidence from Plant Level Data," IZA Discussion Papers 1321, Institute of Labor Economics (IZA).
    4. Leonardo Felli & Kevin Roberts, "undated". "Does Competition Solve the Hold-up Problem?," CARESS Working Papres 00-04, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
    5. Felli, Leonardo & Harris, Christopher, 2018. "Firm-specific training," Journal of Economic Theory, Elsevier, vol. 175(C), pages 585-623.
    6. Romano, Richard E. & Tampieri, Alessandro, 2016. "Arts vs engineering: Choosing consumption of and investment in education," Research in Economics, Elsevier, vol. 70(3), pages 493-510.
    7. Joseph G. Altonji & Nicolas Williams, 1997. "Do Wages Rise with Job Seniority? A Reassessment," NBER Working Papers 6010, National Bureau of Economic Research, Inc.
    8. Ichino, A. & Flabbi, L., 1998. "Productivity, Seniority and Wages. New Evidence form Personnel Data," Economics Working Papers eco98/11, European University Institute.
    9. Braz Camargo & Elena Pastorino, 2012. "Learning-by-employing: the value of commitment under uncertainty," Staff Report 475, Federal Reserve Bank of Minneapolis.
    10. Felli, Leonardo & Koenen, Johannes & Stahl, Konrad O., 2011. "Competition and Trust: Evidence from German Car Manufacturers," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 349, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    11. Gerard A. Pfann & Daniel S. Hamermesh, 2000. "Two-Sided Learning, Labor Turnover, and Worker Displacement," Working Papers 0021, Harris School of Public Policy Studies, University of Chicago.
    12. Ke, T. Tony & Villas-Boas, J. Miguel, 2019. "Optimal learning before choice," Journal of Economic Theory, Elsevier, vol. 180(C), pages 383-437.
    13. Bar-Isaac, Heski, 2001. "Self-confidence and survival," LSE Research Online Documents on Economics 19329, London School of Economics and Political Science, LSE Library.
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    Cited by:

    1. Felli, Leonardo & Harris, Christopher, 1996. "Learning, Wage Dynamics, and Firm-Specific Human Capital," Journal of Political Economy, University of Chicago Press, vol. 104(4), pages 838-868, August.
    2. Dirk Bergemann & Juuso Valimaki, 1996. "Market Experimentation and Pricing," Cowles Foundation Discussion Papers 1122, Cowles Foundation for Research in Economics, Yale University.
    3. Dirk Bergemann & Juuso Valimaki, 1996. "Learning and Strategic Pricing," Cowles Foundation Discussion Papers 1113, Cowles Foundation for Research in Economics, Yale University.

Chapters

  1. Luca Anderlini & Leonardo Felli & Andrew Postlewaite, 2013. "Active courts and menu contracts," Chapters, in: Thomas J. Miceli & Matthew J. Baker (ed.), Research Handbook on Economic Models of Law, chapter 13, pages 281-307, Edward Elgar Publishing.
    See citations under working paper version above.Sorry, no citations of chapters recorded.
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