Non-contractability and Revenge

Intra-Firm Trade and Product Contractability

Forty-six percent of U.S. imports occur between related parties. This aggregate statistic, however, obscures considerable variation in intrarm intensity across import partners as well as products. Indeed, while 74 percent of U.S. imports from Japan are intrarm, the gure for Bangladesh is just 2 percent. Likewise, trade between related parties accounted for 2 percent of U.S. imports of rubber an...

Asset Ownership and Contractability of Interaction

In a property-rights framework, we study how the organizational form and quantity contracts interact in generating investment incentives. Our model nests standard property-rights and hold-up models as special cases. We admit general message-dependent contracts but provide conditions under which non-contingent contracts are optimal. This allows to fully characterize optimal contracts. First, we ...

Natural revenge over cytomegalovirus.

Natural revenge over cytomegalovirus ---------------------------------------------------------------------------------------------------------------Andrea Velardi UNIVERSITY OF PERUGIA In this issue of Blood, Foley et al show that, in allogeneic hematopoietic transplant recipients, donor-derived natural killer (NK) cells respond to cytomegalovirus (CMV) by acquiring features that are reminiscen...

ADAMTS revenge on Eve?

Review of “Forgiveness and Revenge”