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