Victor P. Goldberg

in The Oxford Handbook of Capitalism

Published in print April 2012 | ISBN: 9780195391176
Published online November 2012 | | DOI:

Series: Oxford Handbooks


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This article focuses on the general problems confronting parties designing a contractual relationship. Contracts concern the future, which is both uncertain and influenced by the behavior of the parties. This presents the parties with a number of problems, the solutions for which are imperfect. Contract doctrine can facilitate their efforts, but it can also be an impediment. Contract design and contract law are discussed.

Keywords: contractual relationships; contract doctrine; contract design; contract law

Article.  12657 words. 

Subjects: Economics ; Industry Studies ; Financial Institutions and Services

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