Reputation and the Dynamics of Contractual Incompleteness.

1 juin 2011

Numéro: 2011-6 Reputation and the Dynamics of Contractual Incompleteness. Claudine Desrieux and Jean Beuve Abstract: This article examines why in some cases parties are willing to sign agreements that are left intentionally incomplete with regard to future contingencies, and why they prefer to choose more complete agreements in some other situations. More complete contracts allow avoiding ex-post…

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