| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26245 |
| 来源ID | Working Paper 26245 |
| Overcoming Contractual Incompleteness: The Role of Guiding Principles | |
| David Frydlinger; Oliver D. Hart | |
| 发表日期 | 2019-09-09 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | 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 other to behave “reasonably”, but given self-serving biases their views of reasonableness may not coincide, leading to aggrievement and deadweight losses. The adoption by the parties of guiding principles such as loyalty and equity in their contract can help. We provide supporting evidence in the form of case studies and interviews. |
| 主题 | Microeconomics ; Households and Firms ; Economics of Information ; Other ; Law and Economics |
| URL | https://www.nber.org/papers/w26245 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583917 |
| 推荐引用方式 GB/T 7714 | David Frydlinger,Oliver D. Hart. Overcoming Contractual Incompleteness: The Role of Guiding Principles. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w26245.pdf（486KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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