Citations: Morjaria, Ameet, Rocco Macchiavello. 2023. Relational Contracts: Recent Empirical Advancements and Open Questions. journal of institutional and theoretical economics. (3-4)673-700.

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 ...

We tend to think that relationships between management and employees in an organization are based on formal contracts and the underlying laws and regulations thereof. However, it is wrong to see ...