Satisficing Contracts

Review of Economic Studies

Volumn 77, Issue 3, 2010, Pages 937-971

  Bolton, Patrick ^a   Faure Grimaud, Antoine ^b  

^a Och Spine at New York Presbyterian Hospitals   (United States)

^b LONDON SCHOOL OF ECONOMICS   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

FUTURE PROSPECT; NEGOTIATION PROCESS; NUMERICAL MODEL; TRANSACTION COST;

EID: 77954070763     PISSN: 00346527     EISSN: 1467937X     Source Type: Journal    
DOI: 10.1111/j.1467-937X.2009.00597.x     Document Type: Article

References (37)

1. Aghion P, Bolton P. " An Incomplete Contracts Approach to Financial Contracting" Review of Economic Studies 1992, 59:473-494.
2. Al Najjar N, Anderlini L, Felli L. " Undescribable Events" Review of Economic Studies 2006, 73:849-868.
3. Anderlini L, Felli L. " Incomplete Written Contracts: Undescribable States of Nature" Quarterly Journal of Economics 1994, 109:1085-1124.
4. Anderlini L, Felli L. " Incomplete Contracts and Complexity Costs" Theory and Decision 1999, 46:23-50.
5. Anderlini L, Felli L. " Costly Bargaining and Renegotiation" Econometrica 2001, 69:377-411.
6. Bajari P, Tadelis S. " Incentives versus Transaction Costs: A Theory of Procurement Contracts" RAND Journal of Economics 2001, 32:387-407.
7. Battigalli P, Maggi G. " Rigidity, Discretion and the Costs of Writing Contracts" American Economic Review 2002, 92:798-817.
8. Berry D A, Fristedt D. Bandit Problems: Sequential Allocation of Experiments 1985, London, Chapman Hall
9. Bienz C, Walz U. " Venture Capital Exit Rights" 2008, (Mimeo, Goethe University Frankfurt)
10. Bolton P, Dewatripont M. Contract Theory 2005, Cambridge, MA, MIT Press
11. Bolton P, Faure-Grimaud A. " Thinking Ahead: The Decision Problem" Review of Economic Studies 2009, 76:1205-1238.
12. Conlisk J. " Costly Optimizers Versus Cheap Imitators" Journal of Economic Behavior & Organization 1980, 1(3):275-293.
13. Conlisk J. " Optimization Cost" Journal of Economic Behavior & Organization 1988, 9(3):213-228.
14. Conlisk J. " Why Bounded Rationality?" Journal of Economic Literature 1996, 34(2):669-700.
15. Dye R. " Costly Contract Contingencies" International Economic Review 1985, 26(1):233-50.
16. Gilson R, Sabel C, Scott R. " Contracting for Innovation: Verical Disintegration and Interfirm Collaboration" Columbia Law Review 2008, 109:431-502.
17. Gittins J C. " Bandit Processes and Dynamic Allocation Indices" Journal of the Royal Statistical Society, Series B 1979, 41(2):148-77.
18. Gittins J C, Jones D M. " A Dynamic Allocation Index for the Sequential Design of Experiments" Progress in Statistics 1974, Gani J, Sarkadi KVincze I. in, (eds.), New York, North Holland
19. Grossman S J, Hart O D. " The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration" Journal of Political Economy 1986, 94:691-719.
20. Hart O D. Firms, Contracts, and Financial Structure: (Clarendon Lectures in Economics) 1995, Oxford University Press
21. Hart O, Moore J. " Incomplete Contracts and Renegotiation" Econometrica 1988, 56:755-785.
22. Hart O, Moore J. " Contracts as Reference Points" Quarterly Journal of Economics 2008, 123:1-48.
23. Holmstrom B, Tirole J. " Private and Public Supply of Liquidity" Journal of Political Economy 1998, 106:1-40.
24. Kaplan S, Martel F, Stromberg P. " How do Legal Differences and Experience Affect Financial Contracts?" Journal of Financial Intermediation 2007, 16(3):273-311.
25. Macleod W B. " Complexity and Contract" Revue d'Economie Industrielle 2000, 92:149-178.
26. Maskin E, Tirole J. " Unforeseen Contingencies and Incomplete Contracts" Review of Economic Studies 1999, 66:83-114.
27. Radner R. " Satisficing" Journal of Mathematical Economics 1975, 2(2):253-262.
28. Radner R, Rothschild M. " On the Allocation of Effort" Journal of Economic Theory 1975, 10(3):358-376.
29. Rothschild M. " A Two-Armed Bandit Theory of Market Pricing" Journal of Economic Theory 1974, 9:185-202.
30. Rubinstein A. " Perfect Equilibrium in a Bargaining Model" Econometrica 1982, 50:97-109.
31. Simon H. " A Behavioral Model of Rational Choice" Quarterly Journal of Economics 1955, 69(1):99-118.
32. Tirole J. " Incomplete Contracts: Where Do We Stand?" Econometrica 1999, 67(4):741-781.
33. Tirole J. " Cognition and Incomplete Contracts" American Economic Review 2009, 99:265-294.
34. Whittle P. " Multi-Armed Bandits and the Gittins Index" Journal of the Royal Statistical Society 1980, 42:143-149.
35. Whittle P. Optimization Over Time: Dynamic Programming and Stochastic Control 1982, New York, John Wiley
36. Williamson O. " Transaction-Cost Economics: The Governance of Contractual Relations" Journal of Law & Economics 1979, 22:233-261.
37. Williamson O. The Economic Institutions of Capitalism 1985, New York, Free Press