Workshop on Relational Contracts

The program of 5th Workshop on Relational Contracts can be found below (here is a link to the pdf). It will be hosted by the  Economics Department of Universidad Carlos III on June 24 – 25, 2019.

If you want to attend the workshop, send a mail to by June 01st, 2019. We recommend participants to stay in the hotel TRYP Atocha (the bus to the conference venue leaves from there). To get your room, please contact Paqui at the Corte Ingles travel agency in UC3M. Her email is and her telephone numbers are (+34) 916 963 314 and (+34) 916 245 791. Use relational contracts conference (and William Fuchs if that fails) as a reference. 

This workshop provides a forum for researchers to meet, present papers, and discuss recent developments in relational governance and dynamic contracts. A keynote lecture will be given by Andy Skrzypacz (Stanford), the local organizers are William Fuchs, Martin Dumav, Aditya Kuvalekar and Eduardo Melero.

Program of the 5th Workshop on Relational Contracts

Sunday, June 23

21:30              Dinner at El Pimiento Verde

Monday, June 24

9:15                 Pick up at Hotel TRYP Atocha, Calle de Atocha, 83

10:00-11:00    Heikki Rantakari (University of Rochester)

Simon Says? (Interpersonal) Authority in Organization

Discussant:     Ricardo Alonso (London School of Economics)

11:00-11:15    Coffee Break

11:15-12:15    Michael Powell (Kellogg School of Management)

Chains of Opportunity Revisited (with Nicola Bianchi, Giulia Bovini, Jin Li, Matteo Paradisi)

Discussant: Guillermo Caruana (CEMFI)

12:15-13:15    V Bhaskar (University of Texas at Austin)

Robust Relational Contracts when Performance Evaluation is Subjective (with Thomas Wiseman)

Discussant:     Joyee Deb (Yale SOM)

13:15-14:30    Lunch

14:30-15:30    Nick Vikander (University of Copenhagen)

Contracting, Bargaining, and Profit Sharing (with Jin-Hyuk Kim)

Discussant:     Radoslawa Nikolowa (Queen Mary University)

15:30-15:50    Coffee Break

15:50-16:50    Aditya V. Kuvalekar (Universidad Carlos III de Madrid)

When and How to Reward Bad News (with Nishant Ravi)

Discussant:     Inga Deimen (University of Arizona)

16:50-17:10    Coffee Break

17:10-18:10    Keynote Lecture

                            Andrzej Skrzypacz (Stanford University)

Chair: Bob Gibbons (MIT)

18:15              Return to the hotel

21:00              Dinner at Bodega de los Secretos

Tuesday, June 25

9:30                 Pick up at Hotel TRYP Atocha, Calle de Atocha, 83

10:00-10:15    Coffee Break

10:15-11:15    Volker Nocke (University of Mannheim)

Collective Reputation (with Roland Strausz)

Discussant:     Nageeb Ali (Penn State)

11:15-11:30    Coffee Break

11:30-12:30    Trond Olsen (NHH Bergen)

Relational Incentive Contracts and Performance Measurement (with Chang Koo Chi)

Discussant:     James Malcomson (University of Oxford)

12:30-13:45    Lunch

13:45-14:45    Francesc Dilme (University of Bonn)

Relational Contracts: Public versus Private Savings (with Daniel Garrett)

Discussant:     Matthias Fahn (JKU Linz)

14:45-15:05    Coffee Break

15:05-16:05    Ce Liu (UC San Diego)

Stability in Repeated Matching Markets

Discussant:     Martin Dumav (Universidad Carlos III de Madrid)

16:05-16:25    Coffee Break

16:25-17:25    Marta Troya Martinez (New Economic School, Moscow)

Weak Institutions and Relational Taxation in the Oil & Gas Industry (with Radoslaw Stefanski, Gerhard Toews)        

Discussant:     Francine Lafontaine (University of Michigan)

17:30              Return to the hotel

20:30              Informal Dinner

The annual Workshop on Relational Contracts is organized by Daniel Barron, Matthias Fahn, Marta Troya Martinez and Giorgio Zanarone. We want to provide a forum to discuss research related to relational contracts. Please contact us if you have any question.