From contract to hierarchy

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Chapter 24 in The Economic Analysis of Civil Law, 2022, pp 565-574 from Edward Elgar Publishing

Abstract: The discrete contract is a largely underlying concept of the contractual provisions in civil codes. In addition, the law also recognises continuing obligations (tenancy agreement, employment contract) and articles of association. A glance at the legal reality shows a highly differentiated picture of contract types, with the discrete contract only representing one end on a spectrum which extends to networks of rising complexity up to hierarchical organisations (e.g., corporations). Why do networks exist and what is the role of law to regulate them?

Keywords: Economics and Finance; Law - Academic (search for similar items in EconPapers)
Date: 2022
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