Credible commitments in contract relations: Where are the limits of the possible?

Credible commitments are the most important condition for contracts sustainability. The effects and ways of ensuring the commitments credibility are discussed in the new institutional economics and game theory. At the same time, there is a number of unresolved issues related to the microeconomic asp...

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Bibliographic Details
Main Author: Andrey E. Shastitko
Format: Article
Language:English
Published: Ural State University of Economics 2022-05-01
Series:Управленец
Subjects:
Online Access:https://upravlenets.usue.ru/images/96/2.pdf