Monday, July 31, 2006

Chris Masse's North Korean contract roundup

Lots of input, here. Includes input from John Delaney, CEO of TS, as well as luminaries like Eric Crampton.

This blog has also posts here, here, and here.

My personal view remains that a poorly constructed contract creates a lose-lose situation. TS will either lose credibility on strict contract enforcement, or else it will lose credibility at providing contracts that make predictive sense. How can TS gain get past this lose-lose situation? Comments welcome!

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