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正式契约是一种由法律等第三方保证实施的承诺或责任。但事实上,由于交易的不可验证性,正式契约可能并不能完全反应交易双方的收益情况,这就抑制了交易主体之间部分交易的建立和实现,关系性契约正是弥补了正式契约在这方面的局限性而产生的。自我履约是关系性契约的本质特征。长期商业关系的一种可能是自我履约协议。在这种方式中,一方针对另一方违反合约条款的唯一办法是终止合约。
A formal contract is a promise or responsibility guaranteed by a third party such as a law. However, due to the unverifiable nature of the transaction, the formal contract may not fully reflect the return of the parties to the transaction, which inhibits the establishment and realization of partial transactions between the parties to the transaction. The relational contract just makes up the formal contract here The limitations of the resulting. Self-compliance is the essential feature of the contractual relationship. One possibility of long-term business relationships is a self-performing agreement. In this way, the only way one party violates the contractual terms against the other is to terminate the contract.