Foundations of Incomplete Contracts
评估了对不完全合同理论的批评，特别是Maskin和Tirole（1998a）的批评，并构建了一个为合同不完全性提供严格基础的模型。
In the last few years, a new area has emerged in economic theory, which goes under the heading of 'incomplete contracting'. However, almost since its inception, the theory has been under attack for its lack of rigorous foundations. In this paper we evaluate some of the criticisms that have been made of the theory, in particular, those in Maskin and Tirole (1998a). In doing so, we develop a model that provides a rigorous foundation for the idea that contracts are incomplete.