Arruñada, Benito; Garicano, Luis; Vázquez, Luis - In: Review of Law & Economics 1 (2005) 1, pp. 149-173
This article illustrates how contracts are completed ex post in practice and, in so doing, indirectly suggests what the real function of contracts may be. Our evidence comes from the contracts between automobile manufacturers and their dealers in 23 dealership networks in Spain. Franchising...
