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Research Details

Costly Contract Contingencies, International Economic Review

Abstract

Studies the development of an equilibrium model of costly contingent contracts. Specifications of the model; Definitions of spot market equilibrium and active contract market equilibrium; Influence of contracting cost on optimal contracts between consumers and producers; Characteristics of equilibrium contracts.

Type

Article

Author(s)

Ronald A. Dye

Date Published

1985

Citations

Dye, A. Ronald. 1985. Costly Contract Contingencies. International Economic Review. 26(1): 233-250.

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