Contract Renegotiation and Options in Agency Problems

By A. Edlin, Benjamin E Hermalin. 2000

114 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Law

View Paper: https://www.semanticscholar.org/paper/000ed1b4077cd652463c45da65d2c5b423879268

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Ilya Segal
2. M. Whinston
3. O. Williamson
4. Michael H. Riordan
5. Christopher Woodruff
6. Jean Tirole
7. C. Fumagalli
8. Massimo Motta

In Law

1. Ilya Segal
2. M. Whinston

Citations in the corpus

• The Mirrlees Approach to Mechanism Design with Renegotiation (with Applications to Hold‐up and Risk Sharing) (2002, methodology): “For example, in the asset model of Demski and Sappington (1991) and Edlin and Hermalin (2000), investment of party 1 (the agent) increases the ex post value of the asset in either party’s hands.”
• Building and Managing Facilities for Public Services (2006, unknown): “RF (a; e) + 1 2 [RG(a; e) ¡RF (a; e)] = 1 2 ¡ μ + μ ¢ [R0 + t(a) + r(e)], (4)”