Renegotiating Moral Hazard Contracts Under Limited Liability and Monotonicity
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Matthews, Steven A., 2001. "Renegotiating Moral Hazard Contracts under Limited Liability and Monotonicity," Journal of Economic Theory, Elsevier, vol. 97(1), pages 1-29, March.
- Steven Matthews, "undated". "Renegotiating Moral Hazard Contracts Under Limited Liability and Monotonicity," CARESS Working Papres 99-04, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
References listed on IDEAS
- Hermalin, Benjamin E & Katz, Michael L, 1991.
"Moral Hazard and Verifiability: The Effects of Renegotiation in Agency,"
Econometrica, Econometric Society, vol. 59(6), pages 1735-1753, November.
- Hermalin, Benjamin E. & Katz, Michael L., 1990. "Moral Hazard and Verifiability: The Effects of Renegotiation in Agency," Department of Economics, Working Paper Series qt1678w3w9, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Benjamin E. Hermalin and Michael L. Katz., 1990. "Moral Hazard and Verifiability: The Effects of Renegotiation in Agency," Economics Working Papers 90-141, University of California at Berkeley.
- Ching-to Albert Ma, 1991. "Adverse Selection in Dynamic Moral Hazard," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(1), pages 255-275.
- Innes, Robert D., 1990. "Limited liability and incentive contracting with ex-ante action choices," Journal of Economic Theory, Elsevier, vol. 52(1), pages 45-67, October.
- Leslie M. Marx, 1998. "Efficient venture capital financing combining debt and equity," Review of Economic Design, Springer;Society for Economic Design, vol. 3(4), pages 371-387.
- Ching-To Albert Ma, 1994.
"Renegotiation and Optimality in Agency Contracts,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 61(1), pages 109-129.
- Ching-to Albert Ma, 1990. "Renegotiation and Optimality in Agency Contracts," Papers 0004, Boston University - Industry Studies Programme.
- Ma, C.A., 1991. "Renegotiation and Optimality in Agency Contracts," Papers 29, Stanford - Institute for Thoretical Economics.
- Fudenberg, Drew & Tirole, Jean, 1990.
"Moral Hazard and Renegotiation in Agency Contracts,"
Econometrica, Econometric Society, vol. 58(6), pages 1279-1319, November.
- Drew Fudenberg & Jean Tirole, 1988. "Moral Hazard and Renegotiation in Agency Contracts," Working papers 494, Massachusetts Institute of Technology (MIT), Department of Economics.
- Jean Tirole, 1999. "Incomplete Contracts: Where Do We Stand?," Econometrica, Econometric Society, vol. 67(4), pages 741-782, July.
- Sahlman, William A., 1990. "The structure and governance of venture-capital organizations," Journal of Financial Economics, Elsevier, vol. 27(2), pages 473-521, October.
- Grossman, Sanford J & Hart, Oliver D, 1983.
"An Analysis of the Principal-Agent Problem,"
Econometrica, Econometric Society, vol. 51(1), pages 7-45, January.
- Sanford Grossman & Oliver Hart, "undated". "An Analysis of the Principal-Agent Problem," Rodney L. White Center for Financial Research Working Papers 15-80, Wharton School Rodney L. White Center for Financial Research.
- Sanford J Grossman & Oliver D Hart, 2001. "An Analysis of the Principal-Agent Problem," Levine's Working Paper Archive 391749000000000339, David K. Levine.
- Matthews, Steven A, 1995.
"Renegotiation of Sales Contracts,"
Econometrica, Econometric Society, vol. 63(3), pages 567-589, May.
- Steven A. Matthews, 1993. "Renegotiation of Sales Contracts," Discussion Papers 1051, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Thomas Hellmann, 1998. "The Allocation of Control Rights in Venture Capital Contracts," RAND Journal of Economics, The RAND Corporation, vol. 29(1), pages 57-76, Spring.
- Dionne, Georges & Viala, Pascale, 1994. "Moral hazard, renegotiation and debt," Economics Letters, Elsevier, vol. 46(2), pages 113-119, October.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Mathias Dewatripont & Patrick Legros & Steven A. Matthews, 2003.
"Moral Hazard and Capital Structure Dynamics,"
Journal of the European Economic Association, MIT Press, vol. 1(4), pages 890-930, June.
- Mathias Dewatripont & Patrick Legros & Steven A. Matthews, 2002. "Moral Hazard and Capital Structure Dynamics," Penn CARESS Working Papers dfdfbbfe0a5b0e04217a58a93, Penn Economics Department.
- Mathias Dewatripont & Patrick Legros & Steven A. Matthews, 2003. "Moral Hazard and Capital Structure Dynamics," PIER Working Paper Archive 03-006, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Mathias Dewatripont & Patrick Legros & Steven Matthews, 2003. "Moral hazard and capital structure dynamics," ULB Institutional Repository 2013/9629, ULB -- Universite Libre de Bruxelles.
- Dewatripont, Mathias & Matthews, Steven A, 2002. "Moral Hazard and Capital Structure Dynamics," CEPR Discussion Papers 3487, C.E.P.R. Discussion Papers.
- Susanne Ohlendorf & Patrick W. Schmitz, 2012.
"Repeated Moral Hazard And Contracts With Memory: The Case Of Risk‐Neutrality,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(2), pages 433-452, May.
- Ohlendorf, Susanne & Schmitz, Patrick W., 2011. "Repeated moral hazard and contracts with memory: The case of risk-neutrality," MPRA Paper 28823, University Library of Munich, Germany.
- Steven Matthews, 2002. "Moral Hazard and Capital Structure Dynamics (joint with Mathias Dewatripont and Patrick Legros) Note the special time," Theory workshop papers 357966000000000095, UCLA Department of Economics.
- Schmitz, Patrick W. & Ohlendorf, Susanne, 2008. "Repeated Moral Hazard, Limited Liability, and Renegotiation," CEPR Discussion Papers 6725, C.E.P.R. Discussion Papers.
- Okat, Deniz & Nash, John G.F., 2024. "Delegating trial and error," Journal of Economic Theory, Elsevier, vol. 217(C).
- Gul, Faruk, 2001.
"Unobservable Investment and the Hold-Up Problem,"
Econometrica, Econometric Society, vol. 69(2), pages 343-376, March.
- F. Gul, 2000. "Unobservable Investment and the Hold-Up Problem," Princeton Economic Theory Papers 00s10, Economics Department, Princeton University.
- Patrick W. Schmitz, 2005.
"Should Contractual Clauses that Forbid Renegotiation Always be Enforced?,"
The Journal of Law, Economics, and Organization, Oxford University Press, vol. 21(2), pages 315-329, October.
- Schmitz, Patrick W., 2005. "Should Contractual Clauses that Forbid Renegotiation Always be Enforced?," CEPR Discussion Papers 5292, C.E.P.R. Discussion Papers.
- Schmitz, Patrick W., 2005. "Should Contractual Clauses that Forbid Renegotiation Always be Enforced?," Bonn Econ Discussion Papers 26/2005, University of Bonn, Bonn Graduate School of Economics (BGSE).
- Eva I. Hoppe & Patrick W. Schmitz, 2021.
"How (Not) to Foster Innovations in Public Infrastructure Projects,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(1), pages 238-266, January.
- Schmitz, Patrick W. & ,, 2018. "How (Not) to Foster Innovations in Public Infrastructure Projects," CEPR Discussion Papers 13406, C.E.P.R. Discussion Papers.
- Hoppe, Eva I. & Schmitz, Patrick W., 2019. "How (Not) to Foster Innovations in Public Infrastructure Projects," MPRA Paper 95615, University Library of Munich, Germany.
- Erol Akçay & Adam Meirowitz & Kristopher W. Ramsay, 2018. "Two-sided unobservable investment, bargaining, and efficiency," Review of Economic Design, Springer;Society for Economic Design, vol. 22(3), pages 123-147, December.
- R. Amit & Parthasarathy Ramachandran, 2010. "A Fair Contract for Managing Water Scarcity," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 24(6), pages 1195-1209, April.
- Kräkel, Matthias, 2021. "On the delegation of authority," Journal of Economic Behavior & Organization, Elsevier, vol. 191(C), pages 965-981.
- Bijapur, Mohan, 2011. "Moral hazard and renegotiation of multi-signal contracts," LSE Research Online Documents on Economics 56619, London School of Economics and Political Science, LSE Library.
- Osano, Hiroshi & Kobayashi, Mami, 2005.
"Double moral hazard and renegotiation,"
Research in Economics, Elsevier, vol. 59(4), pages 345-364, December.
- Hiroshi Osano & Mami Kobayashi, 2003. "Double Moral Hazard and Renegotiation," KIER Working Papers 563, Kyoto University, Institute of Economic Research.
- Francesco Squintani, 1999. "Moral Hazard," Discussion Papers 1269, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Dirk Bergemann & Ulrigh Hege, 2005.
"The Financing of Innovation: Learning and Stopping,"
RAND Journal of Economics, The RAND Corporation, vol. 36(4), pages 719-752, Winter.
- Dirk Bergemann & Ulrich Hege, 2001. "The Financing of Innovation: Learning and Stopping," Cowles Foundation Discussion Papers 1292, Cowles Foundation for Research in Economics, Yale University.
- Hege, Ulrich & Bergemann, Dirk, 2001. "The Financing of Innovation: Learning and Stopping," CEPR Discussion Papers 2763, C.E.P.R. Discussion Papers.
- Ulrich Hege & Dirk Bergemann, 2005. "The Financing of Innovation: Learning and Stopping," Post-Print hal-00459926, HAL.
- Bergemann, D. & Hege, U., 2001. "The Financing of Innovation : Learning and Stopping," Other publications TiSEM 85bb8c47-af02-4c41-88b4-0, Tilburg University, School of Economics and Management.
- Dirk Bergemann & Ulrich Hege, 2001. "The Financing of Innovation: Learning and Stopping," Cowles Foundation Discussion Papers 1292R, Cowles Foundation for Research in Economics, Yale University, revised Oct 2004.
- Bergemann, D. & Hege, U., 2001. "The Financing of Innovation : Learning and Stopping," Discussion Paper 2001-16, Tilburg University, Center for Economic Research.
- Ulrich Hege & D. Bergemann, 2012. "The Financing of Innovation: Learning and Stopping," Working Papers hal-00759793, HAL.
- Philippe Aghion & Patrick Bolton & Jean Tirole, 2004.
"Exit Options in Corporate Finance: Liquidity versus Incentives,"
Review of Finance, European Finance Association, vol. 8(3), pages 327-353.
- Philippe Aghion & Patrick Bolton & Jean Tirole, 2004. "Exit Options in Corporate Finance: Liquidity versus Incentives," Review of Finance, Springer, vol. 8(3), pages 327-353.
- Aghion, Philippe & Bolton, P. & Tirole, J., 2004. "Exit Options in Corporate Finance: Liquidity versus Incentives," Scholarly Articles 12500289, Harvard University Department of Economics.
- Steven A. Matthews, 1991. "Renegotiation of Sales Contracts under Moral Hazard," Discussion Papers 950, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Andreas Blume, 1998. "Contract Renegotiation with Time‐Varying Valuations," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 7(3), pages 397-433, September.
- Schmitz, Patrick W, 2001.
"The Hold-up Problem and Incomplete Contracts: A Survey of Recent Topics in Contract Theory,"
Bulletin of Economic Research, Wiley Blackwell, vol. 53(1), pages 1-17, January.
- Schmitz, Patrick W., 2001. "The Hold-Up Problem and Incomplete Contracts: A Survey of Recent Topics in Contract Theory," MPRA Paper 12562, University Library of Munich, Germany.
- Matthews, Steven A, 1995.
"Renegotiation of Sales Contracts,"
Econometrica, Econometric Society, vol. 63(3), pages 567-589, May.
- Steven A. Matthews, 1993. "Renegotiation of Sales Contracts," Discussion Papers 1051, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cla:penntw:a1fc611f7c8c403f24c4d20a64340752. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: David K. Levine (email available below). General contact details of provider: http://www.dklevine.com/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.