Market Discipline and Contracts: Theory, Empiric Analysis, Law

Alexander Radygin, Revold Entov, Elena Apevalova and Shvetsov P.
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Shvetsov P.: Gaidar Institute for Economic Policy

Research Paper Series, 2008, issue 117P

Abstract: The majority of transactions between economic entities presently represent contractual relations which set rights and engagements of the parties. The authors analyse theoretical issues and approaches which give an idea about the contractual discipline in contemporary developed economy. In the framework of empirical analysis the authors examine economic relations with risks and limited horizon of planning, relations between agents and the law-court. The authors reveal the most important issues which hinder further development of economic contracts in Russian regions.

Keywords: Market Discipline; Contracts (search for similar items in EconPapers)
JEL-codes: G30 K12 P14 (search for similar items in EconPapers)
Date: 2008
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http://www.iep.ru/files/RePEc/gai/rpaper/94Radygin.pdf Revised version, 2012 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:gai:rpaper:94

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