Contractual Incompleteness, Contingent Control Rights, And The Design Of Internet Portal Alliances
- Topics:
- Negotiations and Contracts
- Source:
- Harvard University
FREE Registration is required
Overview: This paper is part of an ongoing investigation into contracting by Internet portals at the outset of the industry. This paper analyzes the use of contingent control rights in alliances between Internet portals and other firms. In the agreements that they analyze, these states of the world relate to specific measures that provide information about the commercial or technical performance of the alliance. It was found that these contingent control rights are important features of many, but not all, alliance contracts in our sample. The question of why some contracts uses available performance-based contingent control rights more intensively than others (and still other contracts use them not at all) is the central issue that we seek to address here.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: PDF | Size: 1,034KB | Date: May 2004 | Pages: 42
