•Academic research into contract design over the past twenty five years has been guided by waves of multi-disciplinarity: first economic theory, then econometrics, then behavioral science and now computer engineering.\r
•A persistent and core issue is the determination of what contract terms should be specified fully up front and what should be left to be determined later (such as through vague language).\r
•Current researchers are debating which of the functions in the contract life cycle can be automated and how much will continue to require human judgment.
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