Two parties sign a contract but before they fully perform they modify the contract. Should courts enforce the modified … to write a contract that is robust to hold-up or that makes the facts relevant to modification verifiable. But … contract technology, e.g., the use of liquidated damages, to ensure commitment are disfavored by courts and subject to …

contract. Still, agents tend to resolve conflicts up-front by writing more complete initial contracts. A more complete contract …

argument is the written contract and whose value is another contract, the interpreted contract, which is what actually governs …

also find that contract length and the frequency of rigidity clauses increases in political contestability and closer to …

relational contract models to the data. We then discuss the relationship between relational contracting and firms' performance …

employment contract. Each period the employer makes an irrevocable wage offer to the worker who then chooses an effort level. UK …