In several contract situations, parties exchange promises of future performance, creating reciprocal obligations. In this paper, we extend the standard models of contract remedies to consider the incentives created by contracts where both parties provide only executory consideration and where...

In Williams v. Florida (399 U.S. 78 [1970]), the U.S. Supreme Court decided a case addressing the constitutionality of juries composed of fewer than 12 jurors, ruling that smaller juries are not inconsistent with the Sixth Amendment. In an effort to speed deliberation and reduce the rate of...

<DIV><I>The Supreme Court Economic Review</I> is a peer-reviewed, interdisciplinary series focusing on economic consequences, precedents, and reasoning based on the work and decisions of the U.S. Supreme Court. Recent topics have included the evolution of patent law at the Federal Circuit and Supreme Court...</i></div>

<DIV><DIV><I>Supreme Court Economic Review</I> is an interdisciplinary journal that seeks to provide a forum for scholarship in law and economics, public choice, and constitutional political economy. Its approach is broad ranging and contributions employ explicit or implicit economic reasoning for the analysis...</i></div></div>

<DIV><DIV><I>Supreme Court Economic Review </I>is an interdisciplinary, peer-reviewed series focusing on the economic consequences, precedents, and reasoning behind  United States Supreme Court decisions. Recent books have covered the evolution of patent law at the Federal Circuit and Supreme Court levels,...</i></div></div>

<DIV><I>The Supreme Court Economic Review </I>is a peer-reviewed, interdisciplinary series focusing on economic consequences, precedents, and reasoning based on the work and decisions of the U.S. Supreme Court. Recent topics have included the evolution of patent law at the Federal Circuit and Supreme Court...</i></div>