Rex Salisbury
Jul 21, 2017 · 1 min read

Contracts are hard. There can be bugs in the contract, which is what happened here, or there can be an unexpected state of the world for which the contract has no contingency. The 2016 Nobel prize in economic went to Oliver Hart and Bengt Holmstrom for their work on incomplete contracts.

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    software dev, yimby, econ nerd, fintech enthusiast, lover of mountains

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