Short-term, Long-term, and Continuing Contracts
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Parties often regulate their relationships through continuing contracts that are neither long-term nor short-term but usually roll over. We study the trade-off between long-term, short-term, and continuing contracts in a two period model where gains from trade exist in the first period, and may or
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美国国家经济研究局创建时间：
2015-03-01
