Past and Future Developments in the Economics of Relational Contracts

Matthias Fahn, W. Bentley Macleod () and Gerd Muehlheusser ()
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Gerd Muehlheusser: University of Hamburg

No 16427, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper was written as an editorial preface to a "Symposium on Relational Contracts", that was jointly edited by the three authors, and that will appear in the Journal of Institutional and Theoretical Economics (JITE). The Symposium contains eleven contributions to the economics of relational contracts, written by many of the leading scholars in the field. This editorial preface provides a narrative that positions the eleven contributions within the broader context of relational contracts, as addressed by economists, and it explains how these contributions are linked to each other.

Keywords: relational contracts; organizational economics (search for similar items in EconPapers)
JEL-codes: C73 D82 D85 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2023-09
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