Theory and Applications of Contracts Conference

Theory and Applications of Contracts Conference, Bristol, 16-17 May 2024

Previous conferences:

Theory and Applications of Contracts Conference, Imperial College London, 30 June - 1 July 2022.

Contract Theory Workshop, Bristol, 20-21 June 2019.

2019 Programme

Thursday 20 June

10 – 11 Keynote lecture

Chair: Paul Grout (Bristol)

Introduction: Judith Squires, DVC & Provost (Bristol)

Oliver Hart (Harvard) Overcoming Contractual Incompleteness: The Role of Guiding Principles

11 – 11.30 coffee

11.30 – 1 Principles-based contracts

Chair: Maija Halonen-Akatwijuka (Bristol)

Tim Cummins (Founder of IACCM) Deriving Contract Economics through Principles-Based Contracts

Hal Bretan (Chief Counsel, BT Americas Inc.) A Practitioner’s Perspective: The Need to Rethink Contracting Strategies

Discussant: David Frydlinger (Managing Partner, Cirio law firm)

1 – 2 lunch

2 – 3.30 Smart contracts

Chair: Sarah Green (Bristol)

Stephanie Hurder (Founding Economist, Prysm Group) The Economic Benefits and Challenges of Smart Contracts

Sarah Green (Bristol) Smart Contracts: A Matter of Interpretation

Discussant: Paul Grout (Bristol)

3.30 – 4 coffee

4 – 5.30 Contracts and reference points

Chair: Tai-Wei Hu (Bristol)

Klaus Schmidt (LMU Munich) Organizational Change and Reference Dependent Preferences

Discussant: James Dow (London Business School)

Christian Zehnder (HEC Lausanne) Contracts, Conflicts and Communication

Discussant: Eugenio Proto (Bristol)

Friday 21 June

9.45 – 11.15 Procurement contracts

Chair: Albert Sanchez Graells (Bristol)

Albert Sanchez Graells and Nina Boeger (Bristol) The Use of Public Contracts to Regulate the Provision of Outsourced Services

Piotr Bogdanowicz (Warsaw) Modification and Eventual Termination of Complex Public Contracts

Discussant: Susie Smith (Consultant, Bevan Brittan LLP)

11.15 – 11.45 coffee

11.45 – 12.30 Compensation contracts

Chair: Battal Dogan (Bristol)

Eirik Gaard Kristiansen (Norwegian School of Economics) Fair and Square: A Theory of Managerial Compensation

Discussant: Øyvind Aas (ECARES Brussels)

12.30 – 2 Lunch

2 - 3 Closing discussion: Contract theory – The next steps

Chair: Maija Halonen-Akatwijuka (Bristol)

Panel members: Sarah Green (Bristol), Oliver Hart (Harvard), Henrik Lando (Copenhagen Business School)

Organisers

Maija Halonen-Akatwijuka (Chair) Sarah Green

Paul Grout Albert Sanchez Graells

In-Uck Park University of Bristol Law School

School of Economics, Finance and Management