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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...