Economic Analysis of Contract Law - Incomplete Contracts and Asymmetric Information (Hardcover, 1st ed. 2018)

This book examines the 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 and examines 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, and to the debate over courts' reluctance to implement large penalties in the event of breach of contracts.

General

Imprint:	Springer International Publishing AG
Country of origin:	Switzerland
Release date:	February 2018
First published:	2018
Authors:	Sugata Bag
Dimensions:	210 x 148mm (L x W)
Format:	Hardcover
Pages:	203
Edition:	1st ed. 2018
ISBN-13:	978-3-319-65267-2
Categories:	Books > Business & Economics > Economics > General Books > Law > Laws of other jurisdictions & general law > Private, property, family law > Contract law
LSN:	3-319-65267-2
Barcode:	9783319652672

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