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Claudine Desrieux and Jean Beuve
 
''Relational contracts as a foundation for contractual incompleteness''
( 2011, Vol. 31 No.3 )
 
 
Contractual incompleteness is generally defined by a trade-off between costs and benefits. We examine this trade-off in a dynamic setting and show how the ability of the parties to sustain a relational contract leads to more incomplete contracts.
 
 
Keywords: Contractual incompleteness, Relational Contract, Reputation, Repeated Games
JEL: L2 - Firm Objectives, Organization, and Behavior: General
D2 - Production and Organizations: General
 
Manuscript Received : Mar 27 2011 Manuscript Accepted : Jul 08 2011

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