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Market Discipline and Contracts: Theory, Empiric Analysis, Law

Author

Listed:
  • Radygin Alexandr

    (Gaidar Institute for Economic Policy)

  • Entov Revold

    (Gaidar Institute for Economic Policy)

  • Apevalova E.

    (Gaidar Institute for Economic Policy)

  • Shvetsov P.

    (Gaidar Institute for Economic Policy)

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.

Suggested Citation

  • Radygin Alexandr & Entov Revold & Apevalova E. & Shvetsov P., 2008. "Market Discipline and Contracts: Theory, Empiric Analysis, Law," Research Paper Series, Gaidar Institute for Economic Policy, issue 117P.
    • Handle: RePEc:gai:rpaper:94
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    References listed on IDEAS

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    More about this item

    Keywords

    Market Discipline; Contracts;

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • K12 - Law and Economics - - Basic Areas of Law - - - Contract Law
    • P14 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Property Rights

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