Browsing NHH Brage by Subject "contracts"
Now showing items 1-4 of 4
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Anatomy of cartel contracts
(Working paper;49/13, Working paper, 2013-12)We study cartel contracts using data on 18 contract clauses of 109 legal Finnish manufacturing cartels whose legal status is reminiscent of e.g. the U.S Sugar Institute. One third of the clauses relate to raising profits; ... -
Anatomy of cartel contracts
(Discussion paper;25/2012, Working paper, 2012-12)We study cartel contracts using data on 18 contract clauses of 109 legal Finnish manufacturing cartels. One third of the clauses relate to raising profits; the others deal with instability through incentive compatibility, ... -
Do non-enforceable contracts matter? Evidence from an international lab experiment
(Journal article; Peer reviewed, 2014)Many verifiable contracts are impossible or difficult to enforce. This applies to contracts among family and friends, contracts regulating market transactions, and sovereign debt contracts. Do such non-enforceable contracts ... -
Quality incentives pay-off?
(Report, Research report, 2000-12)Intermediaries ascertain vessel quality in shipping markets. Thus, the classification societies set minimum quality requirements for trading vessels. Minimum class requirements do not differentiate between high quality and ...