Baker, George P., Robert Gibbons, and Kevin J. Murphy. "Relational Contracts and the Theory of the Firm." Quarterly Journal of Economics 117, no. 1 (February 2002).

This is a preview. Log in through your library . Abstract ABSTRACT This paper focuses on the enormous growth of contract in the public sector over the last twenty years as part of the development of ...

How to build better long-term strategic partnerships by David Frydlinger, Oliver Hart and Kate Vitasek When Dell originally selected FedEx, in 2005, to handle all aspects of its hardware ...

Relational contracting is back in fashion, marked recently by the Australian Navy’s innovative approach for incorporating a relational contract that led to their winning the International Association ...

Two professors and economists—Oliver Hart and Bengt Holmström—received the Nobel Prize in Economic Sciences Monday for their insights into modern contract theory, specifically how businesses and ...