Relational Contracts: Recent Empirical Advancements and Open Questions

被引:4
|
作者
Macchiavello, Rocco [1 ,2 ,3 ]
Morjaria, Ameet [2 ,4 ,5 ]
机构
[1] London Sch Econ, London, England
[2] CEPR, London, England
[3] LSE, Dept Management, Houghton St, London WC2A 2AE, England
[4] Kellogg Sch Management, Managerial Econ & Decis Sci Dept, 2211 Campus Dr, Evanston, IL 60208 USA
[5] NBER, Cambridge, MA 02138 USA
关键词
relational contracts; contract theory; organizations; VERTICAL INTEGRATION; MANAGEMENT-PRACTICES; COOPERATION; STRATEGY; COMPETITION; ECONOMICS; COSTS;
D O I
10.1628/jite-2023-0048
中图分类号
F [经济];
学科分类号
02 ;
摘要
Relational contracts - informal self-enforcing agreements sustained by repeated interactions - are ubiquitous both within and across organizational boundaries. This review highlights recent empirical contributions in selected areas. We begin by reviewing some recent work that explicitly takes the dynamic enforcement constraints that underpin relational contract theory to the data. We then discuss the relationship between relational contracting and firms' performance. We conclude by pointing in directions that we consider to be particularly ripe for future work.
引用
收藏
页码:673 / 700
页数:28
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