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    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/95499

    Title: Notes on Up-front Payments
    Authors: Chen, Ho-Chyuan
    Contributors: 淡江大學產業經濟學系
    Keywords: 效率契約;殘值;違反契約;特別關係投資;依賴損失;Efficient Contract;Salvage Value;Contract Breach;Relationship-Specific Investment;Reliance Damage
    Date: 2000-06
    Issue Date: 2014-02-12 12:29:50 (UTC+8)
    Abstract: In contrast to Edlin (1996), this paper adopts a reliance damage measure to find reliance investment efficiency. In Edlin, efficiency is achieved under the expectation damage measure with a proper up- front payment, accompanied by a very low pre-specified price to assume away the buyer's breach. I find, however, that this device in general fails under the reliance damage measure and efficient reliance investment occurs only when trade is always efficient.
    Relation: 淡江大學 創校五十週年商學院國際學術研討會論文集=Marching into the New Millennium: Economic Globalization=Proceedings,頁155-166
    Appears in Collections:[產業經濟學系暨研究所] 會議論文

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