Contracts as Reference Points
收藏NBER2006-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12706
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资源简介：
We argue that a contract provides a reference point for a trading relationship: more precisely, for parties' feelings of entitlement. A party's ex post performance depends on whether he gets what he is entitled to relative to outcomes permitted by the contract. A party who is shortchanged shades on
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美国国家经济研究局创建时间：
2006-11-01
