WorldCat Identities

Moore, John 1954-

Overview
Works: 67 works in 280 publications in 1 language and 1,704 library holdings
Genres: History  Lists‡vLists of vessels 
Roles: Honoree
Classifications: HB1, 623.8250973
Publication Timeline
Key
Publications about  John Moore Publications about John Moore
Publications by  John Moore Publications by John Moore
Most widely held works by John Moore
Jane's American fighting ships of the 20th century by John Moore ( Book )
3 editions published between 1991 and 1995 in English and held by 300 WorldCat member libraries worldwide
A guide to the U.S. Navy as it has changed and developed over this century
Default and renegotiation : a dynamic model of debt by Oliver D Hart ( Book )
28 editions published between 1989 and 1998 in English and held by 128 WorldCat member libraries worldwide
We analyze the role of debt in persuading an entrepreneur to pay out cash flows, rather than to divert them. In the first part of the paper we study the optimal debt contract -- specifically, the trade-off between the size of the loan and the repayment -- under the assumption that some debt contract is optimal. In the second part we consider a more general class of (non-debt) contracts, and derive sufficient conditions for debt to be optimal among these
Foundations of incomplete contracts by Oliver D Hart ( Book )
19 editions published between 1998 and 1999 in English and held by 117 WorldCat member libraries worldwide
In the last few years a new area has emerged in economic theory, which goes under the heading of However, almost since its inception, the theory has been under attack for its lack of rigorous foundations. In this paper, we evaluate some of the criticisms that have been made of the theory, in particular, those in Maskin and Tirole (1998a). In doing so, we develop a model that provides a rigorous foundation for the idea that contracts are incomplete
On the design of hierarchies : coordination versus specialization by Oliver D Hart ( Book )
18 editions published between 1999 and 2000 in English and Undetermined and held by 106 WorldCat member libraries worldwide
We develop a model of hierarchies based on the allocation of authority. A firm's owners have ultimate authority over a firm's decisions, but they have limited time or capacity to exercise this authority. Hence owners must delegate authority to subordinates. However, these subordinates also have limited time or capacity and so further delegation must occur. We analyze the optimal chain of command given that different agents have different tasks: some agents are engaged in coordination and others in specialization. Our theory throws light on the nature of hierarchy, the optimal degree of decentralization, and the boundaries of the firm
Cooperatives vs. outside ownership by Oliver D Hart ( Book )
18 editions published between 1997 and 1998 in English and held by 104 WorldCat member libraries worldwide
We are concerned with the design of a constitution for a firm -- an ex ante contract which assigns residual rights of control (and possibly residual income rights) without reference to the issue to be decided. We focus attention on two polar constitutions: nonprofit cooperatives and outside ownership. In the former, ownership is shared among a group of consumers on a one member, one vote basis. In the latter, all control rights and rights to residual income are allocated to an outsider. Ex post, agents are assumed to have asymmetric information, which rules out recontracting. We have two main results. First, in the case of perfect competition, an outside owner achieves the first-best; a cooperative typically does not because the rent from any cost advantage relative to the market is used to shield members from competitive pressure, and the median voter's preferences may not reflect average preferences. Second, in the case where the members of a cooperative have common preference orderings they unanimously vote for the first-best; an outside owner typically makes inefficient decisions, tailored to the marginal rather than to the average customer
Credit cycles by Nobuhiro Kiyotaki ( Book )
18 editions published in 1995 in English and Undetermined and held by 100 WorldCat member libraries worldwide
This paper is a theoretical study into how credit constraints interact with aggregate economic activity over the business cycle. We construct a model of a dynamic economy in which lenders cannot force borrowers to repay their debts unless the debts are secured. In such an economy, durable assets such as land, buildings and machinery play a dual role: they are not only factors of production, but they also serve as collateral for loans. Borrowers' credit limits are affected by the prices of the collateralized assets. And at the same time, these prices are affected by the size of the credit limits. The dynamic interaction between credit limits and asset prices turns out to be a powerful transmission mechanism by which the effects of shocks persist, amplify, and spill over to other sectors. We show that small, temporary shocks to technology or income distribution can generate large, persistent fluctuations in output and asset prices
Debt and seniority : an analysis of the role of hard claims in constraining management by Oliver D Hart ( Book )
12 editions published between 1993 and 1995 in English and held by 88 WorldCat member libraries worldwide
We argue that long-term debt has a role in controlling management's ability to finance future investments. A company with high (widely-held) debt will find it hard to raise capital, since new security holders will have low priority relative to existing creditors. Conversely for a company with low debt. We show there is an optimal debt-equity ratio and mix of senior and junior debt if management undertakes unprofitable as well as profitable investments. We derive conditions under which equity and a single class of senior long-term debt work as well as more complex contracts for controlling investment behavior
Agreeing now to agree later : contracts that rule out but do not rule in by Oliver D Hart ( Book )
14 editions published in 2004 in English and held by 76 WorldCat member libraries worldwide
"We view a contract as a list of outcomes. Ex ante, the parties commit not to consider outcomes not on the list, i.e., these are ruled out'. Ex post, they freely bargain over outcomes on the list, i.e., the contract specifies no mechanism to structure their choice; in this sense outcomes on the list are not ruled in'. A loose' contract (long list) maximizes flexibility but may interfere with ex ante investment incentives. When these incentives are important enough, the parties may write a tight' contract (short list), even though this leads to ex post inefficiency"--National Bureau of Economic Research web site
The economics of bankruptcy reform by Philippe Aghion ( Book )
15 editions published between 1992 and 1994 in English and held by 75 WorldCat member libraries worldwide
We propose a new bankruptcy procedure. Initially, a firm's debts are cancelled, and cash and non-cash bids are solicited for the 'new" (all-equity) firm. Former claimants are given shares, or options to buy shares, in the new firm on the basis of absolute priority. Options are exercised once the bids are in. Finally, a shareholder vote is taken to select one of the bids. In essence, our procedure is a variant on the U.S. Chapter 7, in which non-cash bids are possible; this allows for reorganization. We believe our scheme is superior to Chapter 11 since it is simpler, quicker, market-based, avoids conflicts, and places appropriate discipline on management
Denmark by Ian Grimble ( Book )
1 edition published in 1966 in English and held by 66 WorldCat member libraries worldwide
Jane's fighting ships of World War I by Fred T Jane ( Book )
3 editions published between 1909 and 2001 in English and held by 61 WorldCat member libraries worldwide
Reproduced from the wartime editions of Jane's All the World's Ships
A theory of debt based on the inalienability of human capital by Oliver D Hart ( Book )
15 editions published between 1991 and 1995 in English and held by 58 WorldCat member libraries worldwide
Consider an entrepreneur who needs to raise funds from an investor, but cannot commit not to withdraw his human capital from the project. The possibility of a default or quit puts an upper bound on the total future indebtedness from the entrepreneur to the investor at any date. We characterize the optimal repayment path and show how it is affected both by the maturity structure of the project return stream and by the durability and specificity of project assets. Our results are consistent with the conventional wisdom about what determines the maturity structure of (long-term) debt contracts
Contracts as reference points by Oliver D Hart ( )
9 editions published in 2006 in English and held by 58 WorldCat member libraries worldwide
"We argue that a contract provides a reference point for a trading relationship: more precisely, for parties' feelings of entitlement. A party's ex post performance depends on whether he gets what he is entitled to relative to outcomes permitted by the contract. A party who is shortchanged shades on performance. A flexible contract allows parties to adjust their outcome to uncertainty, but causes inefficient shading. Our analysis provides a basis for long-term contracts in the absence of noncontractible investments, and elucidates why "employment" contracts, which fix wage in advance and allow the employer to choose the task, can be optimal"--John M. Olin Center for Law, Economics, and Business web site
A theory of corporate financial structure based on the seniority of claims by Oliver D Hart ( Book )
8 editions published in 1990 in English and held by 49 WorldCat member libraries worldwide
Abstract: to existing senior creditors. Conversely for a company with lew debt. We
Granny Stickleback by John Moore ( Book )
1 edition published in 1981 in English and held by 29 WorldCat member libraries worldwide
Liquidity, business cycles, and monetary policy by Nobuhiro Kiyotaki ( )
2 editions published in 2012 in English and held by 26 WorldCat member libraries worldwide
The paper presents a model of a monetary economy where there are differences in liquidity across assets. Money circulates because it is more liquid than other assets, not because it has any special function. There is a spectrum of returns on assets, reflecting their differences in liquidity. The model is used, first, to investigate how aggregate activity and asset prices fluctuate with shocks to productivity and liquidity; second, to examine what role government policy might have through open market operations that change the mix of assets held by the private sector. With its emphasis on liquidity rather than sticky prices, the model harks back to an earlier interpretation of Keynes (1936), following Tobin (1969)
Whitbread craftsmen by John Moore ( Book )
2 editions published in 1948 in English and held by 23 WorldCat member libraries worldwide
The governance of exchanges : members' co-operatives versus outside ownership by Oliver D Hart ( Book )
8 editions published between 1995 and 1996 in English and held by 19 WorldCat member libraries worldwide
The value of ownership by John Moore ( Book )
2 editions published in 1986 in Undetermined and English and held by 15 WorldCat member libraries worldwide
Privatisation everywhere : the world's adoption of the British experience by John Moore ( Book )
1 edition published in 1992 in English and held by 15 WorldCat member libraries worldwide
 
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Audience Level
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  Kids General Special  
Audience level: 0.68 (from 0.06 for Granny Sti ... to 0.94 for A theory o ...)
Alternative Names
Halstead Hardman Moore, John, 1954-
Hardman Moore, John, 1954-
Moore, John H. 1954-
Moore, John Halstead Hardman, 1954-
Moore, John Hardman, 1954-
Languages
English (194)