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Agreeing Now to Agree Later: Contracts that Rule Out but do not Rule In

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NBER2004-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10397
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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
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美国国家经济研究局
创建时间:
2004-03-01
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