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【编者按】所谓完全契约是指缔约双方都能完全预见契约期内所可能发生的重要事件,愿意遵守双方所签订的契约条款,当契约双方对契约条款产生争议时,第三方比如说法院能够强制执行。不完全契约正好相反:由于个人的有限理性,外在环境的复杂性、不确定性,信息的不对称和不完全性,契约当事人或契约的仲裁者无法证实或观察一切,就造成了契约条款是不完全的。概括地说,契约中总留有未被指派的权利和未被列明的事项,这样的契约就是不完全契约。契约的不完全性主要表现在两个方面:一是契约可能不会提及某些
【Editor’s note】 The so-called complete contract means that both parties can fully anticipate the important events that may occur during the contract period. They are willing to abide by the contractual terms signed by both parties. When the parties to a contract dispute the contractual terms, the third party, for example, Enforced Incomplete contract is just the opposite: due to individual bounded rationality, complexity of the external environment, uncertainty, information asymmetry and incomplete, contractual parties or contract arbitrators can not confirm or observe everything, resulting in contract terms Is not complete. In a nutshell, there are always unassigned rights and unlabeled matters in the contract. Such a contract is an incomplete contract. Incompleteness of the contract mainly in two aspects: First, the contract may not mention some