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Leveled commitment contracts with myopic and strategic agents

Article Abstract:

An agent-based model explores contracts that may be breached upon payment of a penalty. Variations in contracting agents, meetings, penalties, price -setting, etc. are examined. The best way to formulate level commitment protocol contracts is to use low penalties.

Author: Andersson, martin R., Sandholm, Tuomas W.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2001
Misc Civil Law, Models, Civil law, Breach of contract, Penalties, Contractual, Contractual penalties

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Convergence to symmetry in dynamic strategic models of R&D; The undiscounted case

Article Abstract:

This paper shows that where a firm temporarily withholds investing in research and development as a strategic incentive, the asymmetry between competiting firms disappears over time.

Author: Vonortas, Nicholas S., Joshi, Sumit
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2001
Research & Development, Scientific Research and Development Services, Analysis, Evaluation, High technology industry, Competition (Economics), Research institutes, Strategic planning (Business)

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Domestic violence, employment, and divorce

Article Abstract:

A study examines whether employment prevents domestic violence against women and their recourse to divorce when abused.

Author: Bowlus, Audra J., Seitz, Shannon
Publisher: Blackwell Publishers Ltd.
Publication Name: International Economic Review
Subject: Economics
ISSN: 0020-6598
Year: 2006
Labor force information, Domestic Violence (Families), Causes of, Behavior, Employment, Abused women, Control, Divorce, Family violence, Domestic violence

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Subjects list: Statistical Data Included, United States
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