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The Impact of Incomplete Contracts on Economics
Oxford :
Oxford Scholarship Online, 2017.
Under the general editorship: P. Aghion, M. Dewatripont, P. Legros, L. Zingales
The 1986 article by Grossman and Hart, “A Theory of Vertical and Lateral Integration,” has provided a framework for understanding how firm boundaries are defined and how they affect economic performance. The property rights approach has provided a formal way to introduce incomplete contracting ideas into economic modelling. This book collects papers and opinion pieces on the impact that this property right approach to the firm has had on the economics profession. It shows that the impact has been felt sometimes in significant ways in a variety of fields, ranging from the theory of the firm and its internal organization to industrial organization, international trade, finance, management, public economy, and political economy and political science. Beyond acknowledging how the property rights approach has permeated economics as a whole, the contributions also highlight the road ahead, showing how the paradigm may change the way research is performed in some fields, and what type of research is still missing. The book concludes with a discussion of the foundations of the property rights and more generally the incomplete contracting approaches to the firm and with a series of contributions showing how behavioral considerations may provide a new way forward.
Chapters
Maskin E. S., , in: The Impact of Incomplete Contracts on Economics.: Oxford: Oxford Scholarship Online, 2017. P. 345–349.
The chapter reviews the argument that mechanism design theory can be enlisted to achieve the same outcome as the best state-contingent contract, even if some states cannot be described ex ante. ...
Added: November 14, 2017
Mitrofanov S. V., Nintsieva T., Kuznetsova I., Reliability: Theory and Applications 2025 Vol. 20 No. 9 (87) P. 829–836
The right of ownership to residential premises represents a cornerstone of property law in civil lawjurisdictions, combining the principles of private autonomy with the socio-legal function of housing as a fundamental human need. This article examines the concept and legal content of residential ownershipwithin the framework of the Russian Federation’s legal system, while drawing comparative insights from ...
Added: April 19, 2026
М.: РГУП, 2022.
В Сборник включены материалы Международной научно-практической конференции «Финансовое право в парадигме конституционной реформы», прошедшей 26 ноября 2021 г. в Российском государственном университете правосудия. Конференция стала площадкой для обсуждения актуальных правовых вопросов финансовой системы государства в парадигме конституционной реформы. Рассчитан на юридическую общественность, будет интересен и полезен аспирантам, студентам юридических вузов, практическим работникам ...
Added: November 27, 2022
Krasnikov A. V., Jayachandran S., Journal of Marketing Research 2022 Vol. 59 No. 5 P. 1052–1082
Trademarks play an important role in protecting intangible brand assets. However, the impact of trademark rights on brand assets has received little attention in the literature. The authors examine the impact of trademark rights on brand assets from the perspective of appropriability—that is, the firm’s ability to benefit from innovation and creativity. To ensure causal identification, they use ...
Added: September 9, 2022
Komyagin D., В кн.: Финансовое право.: М.: КноРус, 2022. С. 254–290.
Added: July 31, 2022
Komyagin D., В кн.: Финансовое право.: М.: КноРус, 2022. Гл. 3 С. 100–134.
The chapter refers to the first section of the book "General Part", includes paragraphs: "State control over public resources"; “State financial control. Concept, types and methods”; "Financial Responsibility". ...
Added: July 27, 2022
Komyagin D., Рябова Е. В., М.: КноРус, 2022.
The textbook was created on the basis of lectures given by the authors for several years to students of bachelor's and master's programs by law. The topics of the textbook are set out in accordance with the program of the basic course "Financial Law," which is included in the mandatory part of the undergraduate programs of ...
Added: June 2, 2022
Mazaev V. D., Государство и право 2021 № 7 С. 94–105
This article assesses the moral state and the issues of economy and property rights raised in S. N. Baburin's monograph "The Moral State: a Russian view of the values of Constitutionalism". In the analysis of the relationship between the concepts of the common good and the economy, the emphasis is placed on the need to ...
Added: August 16, 2021
Sinelnikova V., Хатунцев О. А., Вестник Российского университета дружбы народов. Серия: Юридические науки 2021 Т. 25 № 1 С. 294–308
The relevance of the research is based on the heated discussion that has unfolded in re[1]cent years in connection with changes of the current legislation on legal regime of animals as objects of civil rights as well as awkward suggestions aimed at essentially reshaping the civilistic concept of animals and establishing their special legal status ...
Added: March 29, 2021
Yalbulganov A. A., Якушева Е. Е., М.: КноРус, 2004.
В пособии рассматривается порядок регулирования платежей за пользование лесным фондом, водными объектами, недрами животного мира и водными биологическими ресурсами. ...
Added: March 1, 2021
Mazaev V. D., М.: Издательский Дом "Городец", 2004.
В книге рассматривается публичная собственность как самостоятельный объект правового регулирования. Издание адресовано научным работникам, преподавателям, аспирантам и студентам юридических вузов. ...
Added: February 26, 2021
Springer, 2021.
This handbook examines ethics in finance responses to the main challenges in finance, accounting and organizations in the 21st century. It addresses a broad array of topics, including the ethics of risk management in financial markets, professionalism and codes, responsibility of financiers, trust and fidelity, microfinance, electronic trading, crisis, scandals, and sustainability.
The financialization of the ...
Added: October 31, 2020
Khristoforov I., В кн.: Общественная мысль России: с древнейших времен до середины ХХ века : в 4 т.: Т.3Т. 3: Общественная мысль России второй четверти XIX – начала XX в.: Российская политическая энциклопедия, 2020. С. 302–383.
The chapter analyzes the history of using and understanding the notion of "property" in Russian political thought of the nineteenth century ...
Added: September 28, 2020
Симонян Ш. Р., Шичанин М. А., Евразийский юридический журнал 2017 № 4 (107) С. 183–186
In this article, approaches to understanding such an institute of financial law as financial control, its significance, practical implementation, foreign experience of its application are considered. The relevance of this study is confirmed by the fact that for the more effective functioning of various mechanisms of the state control (including financial) is necessary, without which ...
Added: August 11, 2020
Emelkina I., Законы России: опыт, анализ, практика 2020 № 2
The article analyzes a new way for the Russian law and order to transfer public property from one level to another in the form of redistribution. The author analyzes the principles, grounds and order of redistribution. Special attention is paid to the legal nature of redistribution, the issues of the ratio of public and private ...
Added: July 11, 2020
Rochliz M., Kazun A., Yakovlev A. A., Post-Soviet Affairs 2020 Vol. 36 No. 5-6 P. 434–450
Since about 2009, increasing budgetary constraints forced the Russian state to become notably less tolerant of lower-level corruption and predatory behavior by state agencies. In this paper, we argue that after a first stage of decentralized corruption and state capture during the 1990s, and a second period of decentralized corruption and business capture during the ...
Added: June 29, 2020
L.: Routledge, 2020.
Over the past three decades or so, the nonprofit, voluntary, or third sector has undergone a major transformation from a small cottage industry to a major economic force in virtually every part of the developed world as well as elsewhere around the globe. Nonprofit organizations are now major providers of public services working in close ...
Added: June 1, 2020
Grigoryev L. M., Pavlyushina V., Музыченко Е. Э., Вопросы экономики 2020 № 5 С. 5–24
All world upward trends and cycles have a lot in common while crises significantly differ. In the case of this research the recession was sparked not by the shock of financial sector but by the restrictions imposed on consumption that previously was not inclined to fluctuate that much. Oil price shock has increased negative influence ...
Added: May 13, 2020
Kazun A., Вопросы экономики 2020 № 3 С. 84–97
A survey of the top management of 1716 industrial companies in Russia in 2018 shows differences in the likelihood of losing property as a result of raider attacks. In this article, we analyze the factors that affect the subjective attitudes about the level of security from violent pressure on business. We show that large companies ...
Added: March 12, 2020
Marques II I., Levina I. A., Kazun A. et al., Journal of Institutional Economics 2020 Vol. 16 No. 4 P. 503–518
What characteristics of firms give them the confidence to invest in settings rife with expropriation by local officials? Empirically, firms in the developing world often face the threat of expropriation from local agents of the state rather than a centralized autocrat. Because policing local officials is costly, the state cannot easily credibly commit to doing ...
Added: January 20, 2020
SCTE-IUL, Instituto Universitбrio de Lisboa, Lisbon, Portugal , 2019.
EBES aims to bring worldwide researchers and professionals together through organizing
conferences and publishing academic journals and increase economics, finance, and
business knowledge through academic discussions. Any scholar or professional interested in
economics, finance, and business is welcome to attend EBES conferences. Throughout the years, EBES conferences have been an intellectual hub for academic discussion. Participants have found an excellent ...
Added: November 21, 2019
Smirnova V., Geographica Helvetica 2019 Vol. 74 No. 1 P. 13–25
After the imperial land consolidation acts of 1906, the Russian land commune became a center of territorial struggle where complex alliances of actors, strategies, and representations of territory enacted land enclosure beyond the exclusive control of the state. Using original documentation of Russian imperial land deals obtained in the federal and municipal archives, this study ...
Added: January 16, 2019
Burkhardt F., Kluge J., Osteuropa 2018 Vol. 68 No. 10-12 P. 175–187
Ownership rights in Russia have not been secured since the authoritarian regime in the country brought the judicial system under its control. Entrepreneurs have developed various strategies in order to avoid losing their property. During the 1990s, they voiced their interests through business associations, whereas during the 2000s, they sought protection through international commercial and ...
Added: November 19, 2018
Sofia: STEF92 Technology Ltd., 2018.
GEM Conferences are well known and recognized as one of the most prestigious events in the International Scientific World. Extremely proud of its great scientific achievements, high impact factor and successful international recognition. SGEM Conferences cover all areas of SOCIAL Sciences and Arts, with a total of 28 scientific fields. All accepted articles are published ...
Added: October 27, 2018