The impact of transaction costs in incomplete contracts on prices submitted in the tendering process

All contracts are inherently incomplete because although principals and agents agree ex ante to abide by the terms of the contract, their respective investments differ. In anticipation of performance, both recognise incentives for opportunistic behaviour. Investigating the perceptions of both partie...

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Bibliographic Details
Main Author: Fourie, Johannes Antonie
Other Authors: Holland, Mike
Language:en
Published: 2014
Subjects:
Online Access:http://hdl.handle.net/2263/40071
Fourie, JA 2014-06-08, The impact of transaction costs in incomplete contracts on prices submitted in the tendering process, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/40071>