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Dual anchors in the shadow of the future: how renewal expectations and relational history govern behavior in public contracts.

This study extends relational contract theory by showing how behavioral reference points can be established through policy. We theorize that contracts are governed by dual anchors: backward-looking relational history and forward-looking renewal expectations. Analyzing 430 public legal service contra...

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Published in:Journal of Public Administration Research & Theory Vol. 36; no. 3; pp. 329 - 343
Main Authors: Malatesta, Deanna, Cheema, Faisal Saeed
Format: Article
Published: Oxford University Press / USA Jul2026
Subjects:
Public contracts
Contract theory
Corporate purchasing
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