I’ve uploaded a revised version of my “Contracts and Friendships” here. This version incorporates discussion of the business school literature on businesss friendships, as well as some very relevant economic sociology that goes beyond the Macaulay 1963 work that is traditionally utlized within relational contract theory in law schools. It took a while for me to get exposed to this very interesting work, in part because there is almost no uptake of it in the legal scholarship. I do hope people start reading this stuff because it has some very important ramifications for several debates about relational contract theory as well as debates about trust and the “crowding thesis” (that legal norms crowd out social norms).
If we have any readers in Istanbul, I’ll be there all next week for this conference. Track me down by email — and show me around.
Posted by Ethan Leib on April 8, 2009 at 12:28 PM