Rights, Duties and Obligations of Counter-Parties following Default under Derivative Contracts

Rights and Duties

Whose Duties and Liabilities to Third Parties?

Long-Term Contracts Under the Threat of Supplier Default

C with suppliers prone to default is an increasingly common problem in some industries, particularly automotive manufacturing. We model this phenomenon as a two-period contracting game with two identical suppliers, a single buyer, deterministic demand, and uncertain production costs. The suppliers are distressed at the start of the game and do not have access to external sources of capital; hen...

Rights, Duties and Commitments between Agents

In this paper we introduce a multi agent de-ontic update semantics, that builds on a logic of prescriptive obligations (norms) and a logic of descriptive obligations (normative propositions). In this preference-based logic we formalize rights as a new type of strong prescriptive permissions and duties and commitments as prescriptive obligations between agents. 1 Introduction In groups of agents...

Rights, Duties, HIV/AIDS and Corrections