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Incomplete Contracts: Where do We Stand?
Citations:
1216
References:
106
Abstract
The paper takes stock of the advances and directions for research on the incomplete contracting front. It first illustrates some of the main ideas of the incomplete contract literature through an example. It then offers methodological insights on the standard approach to modeling incomplete contracts; in particular it discusses a tension between two assumptions made in the literature, namely ratio...
Keywords
1999
Article
Open Access
Publisher
2-Y Citation Average
8.686
Language
Country
Incomplete Contracts: Where do We Stand?
Citations:
1216
References:
106
Abstract
The paper takes stock of the advances and directions for research on the incomplete contracting front. It first illustrates some of the main ideas of the incomplete contract literature through an example. It then offers methodological insights on the standard approach to modeling incomplete contracts; in particular it discusses a tension between two assumptions made in the literature, namely ratio...
Keywords
1999
Article
Open Access
Publisher
2-Y Citation Average
8.686
Language
Country