Legal Origin, Civil Procedure, and the Quality of Contract Enforcement
نویسندگان
چکیده
منابع مشابه
the investigation of the relationship between type a and type b personalities and quality of translation
چکیده ندارد.
The Transition from Relational to Legal Contract Enforcement
This paper studies the transition of contract enforcement institutions. The prevalence of relational contracts, low legal quality, strong cultural preference for personalistic relationships, low social mobility, and highly unequal endowment form a cluster of mutually reinforcing institutions that hinder economic development. The cultural element per se does not necessarily reduce social welfare...
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Does outsourcing compromise product quality? Does sound contract enforcement alleviate this concern? We offer a simple model to illustrate how outsourcing leads to lower product quality and how contract enforcement helps mitigate this problem. These theoretical predictions are borne out of a survey of 2,400 firms in China conducted by the World Bank in 2003.
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15 صفحه اولContract Enforcement: A Political Economy Model of Legal Development
This paper examines the development of legal contract enforcement in a political economy context. The key insight is that, in earlier times when relational contracts are used predominantly, the rich elite agents must have enjoyed comparative advantages in using relational contracts than the poor and thus would bene t less from investing in legal enforcement. The paper nds that high income ineq...
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ژورنال
عنوان ژورنال: Journal of Institutional and Theoretical Economics
سال: 2010
ISSN: 0932-4569
DOI: 10.1628/093245610790711591