seriously engage to approximate the legislation with well known international standards by applying international contract … internationally recognised. Alternative possibilities of entrance in trade, guaranteed by contract law of every country and which …

project specification endogenously. The contract between the procurer and the winner of the auction is incomplete in that the … find that ignoring the existence of contract incompleteness in the structural analysis of the bidding data leads to …

contract enforcement behavior in a market with incomplete contracts and repeated interactions. Dismissal barriers are shown to … entirely offsetting the negative incentive and efficiency effects of dismissal barriers. Nevertheless, contract enforcement …. Our results show that market outcomes are the result of a complex interplay between contract enforcement policies and the …

entitled to prematurely terminate the relation after the other party's choice. We show that under such a contract it is always …. Indeed, the first-best efficient solution can be obtained by such a contract. …

. When writing a long-term contract the parties have to rely on renegotiations in order to ensure materially efficient trade … ex post. The type of the concluded long-term contract affects the buyer’s expectations regarding the outcome of …

An inventor can invest research effort to come up with an innovation. Once an innovation is made, a contract is …