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This paper aims at challenging this view and, more particularly, the view that contractual rigidity for transport concessions is exogenous.
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Using a transaction cost framework, we disentangle between three main determinants of contractual rigidity: traffic uncertainty; connivance between contracting parties; quality of the institutional environment.
The rigidity for HOM is assumed to be 35 GPa (deformation for homogeneous model is independent of rigidity).
Then, the equivalent rigidity for a lamella mesh is determined.
To think that this is sufficient for non-rigidity, Williamson complains, is to confuse non-rigidity for indexicality.
Tells how Wirtschafter negotiated Halle Berry's contractual demands for the new film "Perfect Stranger".
"The last contractual day for all employees leaving the company will be 23 May".
Employers were required to report information on contractual conditions for all workers since 1996.
Hence, crowdsourcing is better than internal and contractual search for solving some problems.
We present contractual equations for swaptions and discuss their pricing and risk management.
Marketing - Contractual arrangements for the sale of virtually all initial production.
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