We survey recent models of unforeseen contingencies, discussing both epistemic and decision-theoretic approaches. We also briefly comment on the hurdles which remain for applying these models to contract theory. (C) 1998 Elsevier Science B.V. All rights reserved.
Dekel, E., Lipman, B., & Rustichini, A. (1998). Recent developments in modeling unforeseen contingencies. European Economic Review, 42(3-5), 523-542. https://doi.org/10.1016/S0014-2921(97)00114-1 (Original work published 1998)