Economic Analysis of Contract Law
eBook - ePub

Economic Analysis of Contract Law

Incomplete Contracts and Asymmetric Information

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

Economic Analysis of Contract Law

Incomplete Contracts and Asymmetric Information

About this book

This book examinesthe main issues arising in economic analysis of contract law with special attention given to the incomplete contracts. It discusses both the main features of contract law as they relate to the problem of economic exchange, and how the relevant legal rules and the institutions can be analysed from an economic perspective.Evaluate the welfare impacts, analyses the effects and the desirability of different breach remedies andexamines the optimal incentive structure of party-designed liquidated damages under the different dimensions of informational asymmetry. Overall the book aims to contribute to the legal debate over the adoption of the specific breach remedies when the breach victim's expectation interest is difficult to assess, andto the debate over courts' reluctance to implement large penalties in the event of breach of contracts.

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Yes, you can access Economic Analysis of Contract Law by Sugata Bag in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over one million books available in our catalogue for you to explore.

Information

Table of contents

  1. Cover
  2. Front Matter
  3. 1.Ā Introduction
  4. 2.Ā Basics of Economic Theory of Contract
  5. 3.Ā Economics of Damage Remedies I: Unilateral Reliance, One-Sided Information Asymmetry
  6. 4.Ā Economics of Damage Remedies II: Bilateral Reliance, One-Sided Information Asymmetry
  7. 5.Ā Economics of Damage Remedies III: Incentives Under Expectation Damage With One-Sided Private Information – A Mechanism Design Approach
  8. 6.Ā Economics of Damage Remedies IV: Incomplete Contracts, Bilateral Reliance, Two-Sided Asymmetric Information
  9. 7.Ā Concluding Notes
  10. Back Matter