Relational Contract and Endogenous Contractual Incompleteness. Experimental Evidence.

1 mai 2011

Numéro: 2011-5 Relational Contract and Endogenous Contractual Incompleteness. Experimental Evidence. Jean Beuve and Claudine Desrieux Abstract: This paper empirically investigates the interaction between relational contracting and endogenous contractual incompleteness. To account for contractual relationships with perspective of future interactions, we design an infinitely repeated games experiment between identifiable players. In this experiment, the probability of continuation and…

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