Changes in public policy and corporate strategy have enhanced the role of contracts as mechanisms of economic governance. The understanding that norms, standards and other forms of regulatory mechanism can affect the structure of incentives and the quality of contractual outcomes has helped to stimulate a wider debate concerning institutions and economic performance. Among the themes explored in this Special Issue, which draws on the UK ESRC's Contracts and Competition Programme, are the need...Expand abstract
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- Peer reviewed
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- Cambridge Political Economy Society
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- N.B. Professor Michie was based at the University of Cambridge when this article was first published. The full-text of this article is not available in ORA at this time. Citation: Deakin, S. & Michie, J. (1997). 'Contracts and competition: an introduction', Cambridge Journal of Economics, 21(2), 121-125. [Available at http://cje.oxfordjournals.org/].