Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10001481180
The use of standard contracts is usually explained by generic transaction costs. In a model where more resourceful parties can distort enforcement, we show that standard contracts reduce enforcement distortions by simplifying judicial interpretation of preset terms, training judges on a subset...
Persistent link: https://www.econbiz.de/10014191830
public finance, industrial organization, and trade theory, as well as environmental economists. Integrating both theoretical …
Persistent link: https://www.econbiz.de/10012684960