CORDIS Project
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This project analyzes relational contracting in situations where parties lack precise information about actions and outcomes. It aims to understand how ambiguity affects relationships in various fields, including publishing and policy-making, to improve decision-making processes.
This project aims to provide the first analysis of relational contracting when the parties do not (initially) have precise information about the various courses of actions, and experiment them through the relationship.
Examples include innovative activeties such as book publishing, research and development, technology adoption in developing countries, and drafting rules and laws in bureaucratic setting.We introduce in relational contracts framework imprecision about the prospects of actions.
Imp…
UNIVERSIDAD CARLOS III DE MADRID
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THE UNIVERSITY OF TEXAS SYSTEM
United States, Austin
Type: University / higher education
Activity type: Higher or Secondary Education Establishments
SME: No
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