can run autonomously as a smart contract on a blockchain platform, and hence it does not rely on a central trusted …

information. This strategy affects the properties of the optimal contract, which grows closer to the first best. This research … provides insights into the implications of mentalizing for agency theory. …

While much has been written about how individual rules of contract law impact parties' sharing of information, we do … not yet have a general theory of the legal regulation of information in contractual relationships. In his recent article …, Taking Information Seriously: Misrepresentation and Nondisclosure in Contract Law and Elsewhere, 92 Va. L. Rev. 565 (2006 …

multiplicative separability condition, the optimal mechanism offers a single contract. This condition holds, for example, when output … likelihood ratio property, the mechanism offers a single debt contract. Our results generalize if the output distribution is … “close” to multiplicatively separable. Our model suggests that offering a single contract may be optimal in environments with …

transmitted to the public through contract litigation. In a career concern framework, the performance of the long-lived seller is … additional legal cost which induces her to settle privately. A strong reputation concern effectively voids the incentive contract …