Bilateral Contracts

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Bilateral Contracts

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Title: Bilateral Contracts
Author: Green, Jerry; Honkapohja, Seppo

Note: Order does not necessarily reflect citation order of authors.

Citation: Green, Jerry and Seppo Honkapohja. 1983. Bilateral contracts. Journal of Mathematical Economics 11(2): 171-187.
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Abstract: A mathematical characterization of self-enforcing bilateral contracts is given. Contracts where both parties exercise some control over the quantity traded can sometimes be superior to contracts that rest control entirely with one side. Some qualitative characteristics of these contracts are given.
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