D'Acunto, Francesco; Xie, Jin; Yao, Jiaquan - 2022
Trust between parties should drive contract design: if parties were suspicious about each others' reaction to unplanned … across space and over time, we find that lower trust increases contract completeness. Not only the complexity but also the …-analysis-based measures of contract completeness and do not arise in falsification tests. At the clause level, we find that non …