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On the finish of an accounting interval(passive) could be discoveredRevenue on incomplete contracts
poor controls on negotiations and legal language(passive) caused byincomplete contracts
At the end of an accounting time period(passive) might be discoveredRevenue on incomplete contracts
imperfect information(passive) caused byincomplete contracts
taking technology shortcuts(passive) created byincomplete contracts
owners of risksresultfrom incomplete contracts
for each " I " assigned(passive) must be createdIncomplete contracts
The economic institutions hypothesized in this literature , however , are not the only responses to the problem of transaction costs andresultingincomplete contracts
orderto causeincomplete contracts
all three earlier discussed reasonscausecontracts to be incomplete
markets from working by increasing to prohibitive levels the costs of transacting in the marketcan preventmarkets from working by increasing to prohibitive levels the costs of transacting in the market
a new type of hold - up problemcreatea new type of hold - up problem
to ongoing business interruption for youcould ... leadto ongoing business interruption for you
backward ... to incomplete negotiations ... as logic goes negotiations are a precursor of contracting ... and secondleadbackward ... to incomplete negotiations ... as logic goes negotiations are a precursor of contracting ... and second
up transaction costssetup transaction costs
in a delay of activity approvalswill resultin a delay of activity approvals
room for initiative by agents , including employees ... to opportunistically do more than expected under their contract ( Aghion and Tirole , 1997createroom for initiative by agents , including employees ... to opportunistically do more than expected under their contract ( Aghion and Tirole , 1997
as a learning process anddesignedas a learning process and
to the third basic model of contract theoryleadsto the third basic model of contract theory
to deal with cumulative or sequential innovation and the associated moral hazard problems combining research and development effortsdesignedto deal with cumulative or sequential innovation and the associated moral hazard problems combining research and development efforts
a Litigation Minefield Bonus / Commission Factors Common Bonus / Commission Disputes EmployersCreatea Litigation Minefield Bonus / Commission Factors Common Bonus / Commission Disputes Employers
to under - investmentleadingto under - investment
to a sort of “ gift exchange ” and high effortleadto a sort of “ gift exchange ” and high effort
last yeardiscoveredlast year
Some of the most common complaints I hear about in kitchen and bath remodeling(passive) are caused bySome of the most common complaints I hear about in kitchen and bath remodeling
some articles(passive) caused bysome articles
to a Nobel Prize for Harvard University economist Oliver Hartledto a Nobel Prize for Harvard University economist Oliver Hart