Sentence examples for contractual hazards from inspiring English sources
Suppliers recognize that they can lower their contractual hazards by working with partners they can trust.
Contrary to some classical arguments, these findings suggest that an explicitly long-term contract is not always needed to protect against contractual hazards.
Therefore, stakeholders involved in the management of innovation (including innovators, financiers and users) must find way to design optimal contracts which provide incentives to disclose private information and hamper the negative effects of contractual hazards and opportunistic behaviours.
This study identifies the post contractual moral hazard problem, and provides a model involving performance-based concession fees to align successfully the Port Authorities' interests with those of the terminal operators.
Yet this article shows that the governance architecture established in the 2010 Brazilian oil framework will deter investments in several ways, giving rise to agency problems among entities and moral hazard situations because of contractual legal liabilities.
If one state can impose such a condition others can, and in that way corporations engaged in interstate commerce can be subjected to great embarrassment and serious hazards in the enforcement of contractual rights directly arising out of and connected with such commerce.
The theory of contracts, emphasizing contractual incompleteness and the problem of moral hazard.
Moral hazard arises when two or more parties form an agreement or contractual relationship and the arrangement itself provides the incentive for misbehavior by insuring one party against responsibility.
Addressing moral hazard and opportunism, Spulber characterises intermediary firms as "market-commitment devices" that reduce transaction costs and contractual opportunism [38].
Addressing moral hazard and opportunism, Spulber characterises intermediary firms as "market-commitment devices" that reduce transaction costs and contractual opportunism [ 38].
