Visual Contracts

Bureaucracy is stodgy, and change is a struggle, but it might become easier soon.

Anyone heard of "visual contracts"?

Read this: Assessing the efficacy of visual contracts: an empirical study of transaction costs (2023).

You can access a full pdf here:

https://www.tandfonline.com/doi/full/10.1080/00036846.2023.2174942#abstract

Read Part I, Introduction, and Part IV, Conclusions. Parts II and III are technical explanations of the study and the data.

And see this: https://www.icertis.com/research/blog/why-visual-contracting-is-an-emerging-paradigm-in-business/

And this: https://visualcontracts.eu/

And this: https://clearconsultinggroup.co.uk/the-pros-cons-of-diagram-image-based-contracting-agreements-what-works-best-where-there-is-no-common-single-language/

And this: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4944009

There's a lot more. Quite a lot. Interesting.