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From contract to hierarchy

In: The Economic Analysis of Civil Law

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Abstract

The discrete contract is a largely underlying concept of the contractual provisions in civil codes. In addition, the law also recognises continuing obligations (tenancy agreement, employment contract) and articles of association. A glance at the legal reality shows a highly differentiated picture of contract types, with the discrete contract only representing one end on a spectrum which extends to networks of rising complexity up to hierarchical organisations (e.g., corporations). Why do networks exist and what is the role of law to regulate them?

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  • ., 2022. "From contract to hierarchy," Chapters, in: The Economic Analysis of Civil Law, chapter 24, pages 565-574, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14501_24
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    Economics and Finance; Law - Academic;

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