Overcoming Contractual Incompleteness: The Role of Guiding Principles
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https://www.nber.org/papers/w26245
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We consider a buyer and seller who contract over a service. The contract encourages investment and provides a reference point for the transaction. In normal times the contract works well. But with some probability an abnormal state occurs and the service must be modified. The parties expect each
提供机构:
美国国家经济研究局
创建时间:
2019-09-01



