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We first consider the case where the service provider proposes only one contract and characterize the optimal contract in terms of price as well as guaranteed uptime level assuming that the service provider's cost function is convex.
The determination of a beneficial solution, i.e., a respective contract in terms of a common schedule, is particularly difficult due to information asymmetry and self-interested behavior of the involved agents.
The amended French Forest Law of 2001 provides for schemes with a voluntary contract, in terms of which private forest owners are paid to maintain an open-access forest for nature-based recreational activities, which are largely public goods.
In particular, we utilize a real case study and by means of simulation assess the benefits associated with the proposed contract in terms of emergence of stable industrial symbiosis relationships.
Milbury and Gandler have been discussing a long-term deal for the last month, one that could lock Yashin up for as many as 10 years for up to $90 million in what would be the most lucrative contract, in terms of total money, in National Hockey League history.
We will model defaultability of the two parties to the contract in terms of their default times.
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Let's write contracts in terms of something else.
"I don't look at contracts in terms of countries of origin," he said.
"I look at the contracts in terms of what is required".
Let's not write contracts in terms of money, let's write in terms of something else.
We're used to thinking in terms of money and so we write contracts in terms of money all the time.
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