Data-driven proactive contracting: a mathematical framework for enhancing strategic agility, risk management and value creation

Traditional contracts assume that all future contingencies can be anticipated and explicitly addressed at the outset. However, due to uncertainty, information asymmetry and evolving business conditions, contracts inevitably leave gaps, limiting their ability to function as effective governance tools...

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Bibliographic Details
Main Authors: Mohammadi Mohammad Naji Shah, Pirmoradian Azam, Shokrollahi Foad, Pirmoradian Peiman
Format: Article
Language:English
Published: Sciendo 2025-03-01
Series:TalTech Journal of European Studies
Subjects:
Online Access:https://doi.org/10.2478/bjes-2025-0004
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