GMU playbook: Agile contracting
In this week’s blog post on our acquisition playbook study, we discuss agile contracting. When technical solutions are uncertain, it is wise to provide room for […]
Oliver Hart
How formal relational contracts can improve defense outcomes
When Dell originally selected FedEx, in 2005, to handle all aspects of its hardware return-and-repair process, the companies drew up a traditional supplier contract. The 100-page-plus […]