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Showing 1 to 1 of 1 for “"rules versus standard"”.
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THE LAW&ECONOMICS OF INCOMPLETE CONTRACTS: THREE ESSATS.
… “Incompleteness of the Law and the Role of Standards in a Law&Economics Perspective”), by discussing the long-standing question about rules and standards, argues (presenting two recent economic models) that non-specific norms can cope with the issue of incompleteness. Furthermore, it tries …