Framing Contract Law
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Framing Contract Law

An Economic Perspective

Victor Goldberg

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eBook - PDF

Framing Contract Law

An Economic Perspective

Victor Goldberg

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About This Book

The central theme of this book is that an economic framework--incorporating such concepts as information asymmetry, moral hazard, and adaptation to changed circumstances--is appropriate for contract interpretation, analyzing contract disputes, and developing contract doctrine. The value of the approach is demonstrated through the close analysis of major contract cases. In many of the cases, had the court (and the litigators) understood the economic context, the analysis and results would have been very different. Topics and some representative cases include consideration (Wood v. Lucy, Lady Duff Gordon), interpretation (Bloor v. Falstaff and Columbia Nitrogen v. Royster), remedies (Campbell v. Wentz, Tongish v. Thomas, and Parker v. Twentieth Century Fox), and excuse (Alcoa v. Essex).

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Information

Publisher
Harvard University Press
Year
2012
ISBN
9780674272941
Topic
Law
Subtopic
Contract Law
Index
Law

Table of contents