Ambiguity and contractual incompleteness. Issue 11 (25th June 2023)
- Record Type:
- Journal Article
- Title:
- Ambiguity and contractual incompleteness. Issue 11 (25th June 2023)
- Main Title:
- Ambiguity and contractual incompleteness
- Authors:
- Wang, Zile
Chen, Meichen
Qin, Xiangdong
Shi, Yufeng - Abstract:
- ABSTRACT: We introduce ambiguous states into an experimental investigation of a tradeoff between contractual rigidity and flexibility. Ambiguity magnifies both parties' pessimism in an incomplete context. Ambiguity aversion is revealed in their choice. More complex interactions emerge in ambiguous environments.
- Is Part Of:
- Applied economics letters. Volume 30:Issue 11(2023)
- Journal:
- Applied economics letters
- Issue:
- Volume 30:Issue 11(2023)
- Issue Display:
- Volume 30, Issue 11 (2023)
- Year:
- 2023
- Volume:
- 30
- Issue:
- 11
- Issue Sort Value:
- 2023-0030-0011-0000
- Page Start:
- 1422
- Page End:
- 1427
- Publication Date:
- 2023-06-25
- Subjects:
- Incomplete contract -- ambiguity aversion -- shade -- experiment
D80 -- C90 -- J41
Economics -- Periodicals
Economics, Mathematical -- Periodicals
330 - Journal URLs:
- http://www.tandfonline.com/toc/rael20/current ↗
http://www.tandfonline.com/ ↗ - DOI:
- 10.1080/13504851.2022.2057909 ↗
- Languages:
- English
- ISSNs:
- 1350-4851
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 1571.972000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 27106.xml