• Do non-enforceable contracts matter? Evidence from an international lab experiment 

      Cappelen, Alexander Wright; Hagen, Rune Jansen; Sørensen, Erik Øiolf; Tungodden, Bertil (Peer reviewed; Journal article, 2014-03)
      Many verifiable contracts are impossible or difficult to enforce. This applies to contracts among family and friends, contracts regulating market transactions, and sovereign debt contracts. Do such non-enforceable contracts ...