This paper o¤ers an explanation of rationally incomplete contracts where incompleteness refers to unforeseen contingencies. Agents enter a relationship with two-sided moral hazard in which a commitment to discard parts of the joint resources may be ex ante e¢cient. This happens through costly legal dispute which arises when contract terms are missing for the undesirable outcomes. We show that a...

For close to fifty years, the territorial dispute between Nigeria and Cameroon continued over the region along their border known as the Bakassi peninsula. The dispute almost led to war in the mid-1990s, was settled by the International Court of Justice in 2002, and resulted in hand-off of the territory by Nigeria to Cameroon in 2008. Content analysis of newspapers from Nigeria and Cameroon for...

language, science and politics go together and learning these genres is to learn a language created for codifying, extending and transmitting scientific and political knowledge. grammatical metaphor is divided into two broad areas: ideational and interpersonal.this paper focuses on the first type i.e. ideational grammatical metaphor (igm), which includes process types and nominalization.  the m...