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INCOMPLETE CONTRACTS AND THE INTERNAL ORGANIZATION OF FIRMS
INCOMPLETE CONTRACTS INTERNAL ORGANIZATION FIRMS
2015/7/15
We survey the theoretical and empirical literature on decentralization within firms. We first discuss how the concept of incomplete contracts shapes our views about the organization of decision-making...
TRADE AGREEMENTS, POLITICAL ECONOMY AND ENDOGENOUSLY INCOMPLETE CONTRACTS
Trade agreement political economy contracting cost uncertainty
2014/4/11
We develop a political economy model of trade agreements following along the line of Grossman and Helpman (1995a) yet incorporating contracting costs, uncertainty and multiple policy instruments. We s...
INTERNATIONAL OUTSOURCING AND INCOMPLETE CONTRACTS
INTERNATIONAL OUTSOURCING INCOMPLETE CONTRACTS
2010/11/5
International outsourcing to lower cost countries such as China and India can best be understood through the enrichment of trade models to include concepts from industrial organization and contract th...