OxTalks will soon move to the new Halo platform and will become 'Oxford Events.' There will be a need for an OxTalks freeze. This was previously planned for Friday 14th November – a new date will be shared as soon as it is available (full details will be available on the Staff Gateway).
In the meantime, the OxTalks site will remain active and events will continue to be published.
If staff have any questions about the Oxford Events launch, please contact halo@digital.ox.ac.uk
We show that forward induction provides a rational foundation for contract renegotiation, and in turn for incomplete contracts and the property rights theory of the firm. However, this foundation places conditions on the contracting game, the violation of which allows ex post inefficiencies of the sort that can explain the internal organization of firms.