Thursday, March 12, 2009

contract theory

Ultimately though the single most limiting factor on deal negotiations is each side's willingness to actually read and understand the terms of the contract that don't interest them, and I don't see how this website would ever change that.

commenter on marginal revolution on making deals online

Truer words never spoken. My old publishers' attitude: as long as we put the contract in a drawer without looking at it, we can do anything we want!

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