The Economics of Contracts: Theories and Applications

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

Subject index
access pricing 432–5
administration 347–8, 349
administrative controls 54–5
adverse selection 8–10, 21, 33–5
agency theory 213–14, 217–19
contract design 282–3
contract duration 277–9
contracting decision 273, 274–5, 277–8
incentives 285–6
progress in 289–91
vertical integration 287–8
alternating current networks 506–9
applicable law of contract 54–5
Assembly Bill (1966) AB 1890, 483, 485, 487
asymmetric interconnection and regulation 360, 361–3
authority, role of 222–3
in labor contract 241–2, 246–50
Ballantine beer 133–7, 139n
Bertrand competition 431, 434
best efforts clause 133, 134–7
biased principals 175–6
block clauses 396, 398
block exemption regulations 396–9
Bloor v. Falstaff Brewing Corporation126–7, 133–7
Bluefield case 501n
bounded rationality 20, 25, 28, 53, 57, 74, 165, 181–2, 214, 219, 226, 237, 250, 253, 259, 261, 292n
chemical process technology market 374, 379–83, 389
chemicals industry structure 373–4
licensing and innovation 384–91, 392n
Coase Theorem 160–1
codetermination 86–8
commitment constraints 13–14
communication, and incentive theory 165–7, 172
Community Agreement Law 396
commutative justice principle 111–2
comparative contractual approach 50, 52, 57
competition 20
economies of scale 476–7
telecoms networks 433
competition in utilities 421
auctions 425–6, 431
between generators 513–14
networks 417, 433–4
regulation 421, 424, 430, 432, 436
unregulated firms 434–5
Competition Act 498n
Competition Transmission Charges 499n
competitive trading relationship 504
complete contracts 282–4, 287
conflict resolution 14, 20, 346–7
consensus agreement 399–401
contract theory 72–3
models 6–8, 31–42
role in economic analysis 16–20, 27–8, 50–51, 57
selection processes 28–9
contracts, budget-balancing requirement 49, 50, 233, 235
between firms and suppliers 16–17
compliance with objective law 104–5, 113
costs of enforcement 60–63
costs of hold-up 62–3, 66–7, 70n
definition 3–6
duration 275–81
economic organization 55–6
exchange of value 101–2
as framework 51–2, 55
law 51, 55, 99–100
meeting of minds 102–4, 106, 113
renegotiation 174–5, 223, 237
revision 337–8, 343–6
contractual
efficiency 260–1
freedom 105–6

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