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- Publisher
- Annual Reviews
- Copyright
- Copyright © 2012 by Annual Reviews. All rights reserved JEL C00, C90, D03, D86, K12, Z13
- ISSN
- 1550-3585
- eISSN
- 1550-3631
- DOI
- 10.1146/annurev-lawsocsci-011912-083704
- Publisher site
- See Article on Publisher Site
Abstract
Since the mid-2000s, a cottage industry has slowly blossomed of empirical research dedicated to advancing our knowledge of contracts on the books—accounting for what contracts tend to purportedly obligate signers to do—and contracts in action—accounting for how contracting parties tend to behave. This article reviews this literature, focusing on the past seven years, and identifies eight questions organized by two propositions that span across disciplines that have most contributed empirical research on contracts, such as law, economics, and management. The article highlights key findings and points of consensus in this research and notes areas most pressingly in need of additional research.
Journal
Annual Review of Law and Social Science – Annual Reviews
Published: Dec 1, 2012