The Economics of Contracts: Theories and Applications

By Eric Brousseau; Jean-Michel Glachant | Go to book overview

Figures
1A.1 Comparative efficiency of the three governance structures41
3.1 Incentive intensity and administrative controls55
13.1 Time line for agency relationship218
13.2 Time line for hold-up problem220
13.3 Time line for authority relationship222
13.4 Time line for expost hold-up224
14.1 Highway construction243
14.2 Simon's model247
15.1 The building blocks of PAT254
21.1 Who was licensing chemical technologies, 1980s380
21.2 Market for chemical technology as a function of investor's type381
21.3 Share of SEFs licensing, by size of product market382
21.4 Market share of SEFs and licensing, by chemical producers387
21.5 Product differentiation and licensing388
25.1 US retail electricity rates, 1990–1999471
25.2 Unit spot price, California wholesale market, January 1999–November 2000484
25.3 Unit spot price, El Salvador wholesale market, January 1998–May 2000490
26.1 Competitive wholesale and retail markets513

-viii-

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