Market Discipline and Contracts: Theory, Empiric Analysis, Law
AbstractThe 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.
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Bibliographic InfoArticle provided by Gaidar Institute for Economic Policy in its journal Research Paper Series.
Volume (Year): (2008)
Issue (Month): 117P ()
Market Discipline; Contracts;
Find related papers by JEL classification:
- G30 - Financial Economics - - Corporate Finance and Governance - - - General
- K12 - Law and Economics - - Basic Areas of Law - - - Contract Law
- P14 - Economic Systems - - Capitalist Systems - - - Property Rights
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- Revold Entov & Alexander Radygin, 2012. "Failures of the State: Theory and Policy," Working Papers 0053, Gaidar Institute for Economic Policy, revised 2013.
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