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.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2001
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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.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2001
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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.
Publication Name: International Economic Review
Subject: Economics
ISSN: 0020-6598
Year: 2006
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