Item description for Unreliability: Contract Discipline and Contract Governance under Economic Transition (ICS) by Robert Ivan Gal & R¢bert Iv n G l...
Notorious unreliability of the actors is a typical feature of a command economy. Does it change in the process of transition to a market economy? Yes, it does, tremendously. Though the symptoms of unreliability are rather well known, they have been the subject of hardly any systematic analysis. Moreover, the usual bilateral approach of contract analysis, though dealing with opportunistic actors, does not admit the possibility that unreliability can be typical. Not that the actors would be morally constrained, but their partners would not tolerate being cheated on a regular basis. In this book an extended model of contracting is presented that accounts for the more tolerant character of the actors in a command economy and the growing intolerance in an economy under transition with regard to being the victim in contracting.
Promise Angels is dedicated to bringing you great books at great prices. Whether you read for entertainment, to learn, or for literacy - you will find what you want at promiseangels.com!
Studio: Purdue University Press
Est. Packaging Dimensions: Length: 8.7" Width: 5.8" Height: 0.4" Weight: 0.5 lbs.
Release Date Mar 1, 1997
Publisher Purdue University Press
ISBN 9051704275 ISBN13 9789051704273