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I have started learning contract theory of late, and I find some of the assumptions and findings of the theory are too technical. Are there empirical studies that have validated concepts in contract theory? Or are there papers that talk about its relevance to practitioners (economists or operations managers)?

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closed as too broad by skv, EnergyNumbers, nicael, curiousdannii, King Nov 19 '14 at 22:50

There are either too many possible answers, or good answers would be too long for this format. Please add details to narrow the answer set or to isolate an issue that can be answered in a few paragraphs.If this question can be reworded to fit the rules in the help center, please edit the question.

This question in imho in this form too broad to be answered. There many results in contract theory and many of them validated. And what do you mean by "too technical"? – The Almighty Bob Nov 19 '14 at 13:50

An excellent (if slightly old) survey on the empirics of contracts can be found in

Pierre-André Chiappori and Bernard Salanie (2003) "Testing Contract Theory: A Survey of Some Recent Work", in Advances in Economics and Econometrics, vol 1, M. Dewatripont, L. Hansen and S. Turnovsky eds, Cambridge University Press.

It is mostly non-technical. Bernard Salanie (literally) wrote the book on contract theory. An ungated pdf of the chapter is available here.

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