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When No Bad Deed Goes Punished: Relational Contracting in Ghana versus the UK

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NBER2017-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23123
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Experimental evidence to date supports the double theoretical prediction that parties transacting repeatedly punish bad contractual performance by reducing future offers, and that the threat of punishment disciplines opportunistic breach. We conduct a repeated gift-exchange experiment with
提供机构:
美国国家经济研究局
创建时间:
2017-02-01
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