Contracts, Co-operation, and Competition
Studies in Economics, Management, and Law
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Product details:
- Publisher OUP Oxford
- Date of Publication 27 November 1997
- ISBN 9780198292661
- Binding Hardback
- No. of pages436 pages
- Size 242x161x30 mm
- Weight 785 g
- Language English
- Illustrations line figures, tables 0
Categories
Short description:
This book reassesses the links between contracts, co-operation, and economic competitiveness. It uses new theoretical research and case studies to show how the economic theory of contract is being reshaped by the role of institutions in promoting co-operation and trust. It makes an important and topical contribution to an area of interdisciplinary scholarship by drawing together the work of economists, sociologists, and lawyers.
MoreLong description:
The economic theory of contract is being reshaped in ways which resonate with the findings of socio-legal contract scholars and of industrial economists and sociologists in the Marshallian tradition, who emphasise the 'embeddedness' of organizations within their social and cultural environment. Contractual co-operation is seen as depending on institutional factors which serve to enhance 'trust', and arrangements which in the past were criticized as the product of collusion are being reassessed as potentially efficient responses to market failure.
An active debate has begun on how instruments of public policy can best be deployed to arrive at an effective balance between co-operation and competition. This affects both the competitiveness of private sector organizations and the success of deregulatory reforms in the public sphere. These issues are explored within four main areas: developments in private-sector contracting; contract and organization in the public sector; the economics of contract law; and competitiveness and competition policy.
Table of Contents:
Foreword
The Theory and Practice of Contracting
Part I. Trust, Co-operation, and Competition
Private Sector Business Contracts: The Text Between the Lines
A Longitudinal Study of the Management of Co-operative Strategies
Regulatory Change in the British Television Industry: Effects on Productivity and Competition
Contract Law, Trust Relations, and Incentives for Co-operation: A Comparative Study
Part II. Public Sector Contracting and Quasi-Markets
Hybrid Organization and Contractual Governance in the Provision of Local Authority Services
Control and Restraint in NHS Contracting
Conceptualizing Contractual Disputes in the NHS Internal Market
Contracts, Competition, and Accounting in Health and Education: Juridification at Work?
Part III. Contract Law and Economic Analysis
Contract Law, Co-operation, and Good Faith: The Movement from Static to Dynamic Market-Individualism
Quality Assurance and Contractual Practice
The Relational Constitution of Contract and the Limits of `Economics'
Part IV. Industrial Structure, Contracts, and Competition
Co-operation and Trust in Inter-Firm Relations: Beyond Competition Policy?
Inter-Firm Co-operation, Competition Law, and Patent Licensing: A USEC Comparison
Commercial Co-operation, International Competitiveness, and EC Competition Policy