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allocation in oilfield contracts in Malaysia. In this regard, there is a prospect that the operators pass an unfair share of the … provisions of oilfield contracts in Malaysia. This paper seeks to analyse the deficiencies of the risk allocation provisions of … oilfield contracts in Malaysia and to consider whether the principle of reasonableness test as provided in UCTA could provide a …
Persistent link: https://www.econbiz.de/10011207833
This contribution discusses the question whether diversity of contract law among the European member states is a barrier to cross-border trade. This question is important in view of the ongoing debate about the need for a unified European private law. It has tried to answer the question by...
Persistent link: https://www.econbiz.de/10005835888
В статье приводится критический анализ использования критерия справедливости при оценке законодательства, описаны достоинства и недостатки базовых критериев...
Persistent link: https://www.econbiz.de/10011249021
Contract enforcement is acknowledged as a major issue in Law and in Economics. Contrasting substitution and complementary perspectives with respect to the role of private versus public enforcement institutions, this article analyses how contract law can support private institutions, and enhance...
Persistent link: https://www.econbiz.de/10011148953
<u><strong>Resumen</strong></u>This article explores the canonical contracting problem in a general set up of bilateral “selfish” reliance with post contractual one-sided asymmetric information, helping uncover the shape optimal contracts and the optimal damage remedies. The quantity choice of the traded commodity...
Persistent link: https://www.econbiz.de/10011152877
В данной статье рассмотрен экономический подход к определению размера компенсации в гражданском праве. Компенсация рассматривается не только как средство...
Persistent link: https://www.econbiz.de/10011218233
Статья посвящена вопросам дефектности юридического состава, возникающая без правонарушения при заключении договора. В рамках статьи анализ проблемы дается в...
Persistent link: https://www.econbiz.de/10011225451
This paper deals with the seeming paradox that intellectual property is not meant to allow full and direct appropriation of information, this being a « message » aimed at communication, but only to in some way reserve its exclusive use for specific purposes while maintaining free...
Persistent link: https://www.econbiz.de/10011020259
This paper provides some economic perspectives on the interaction between contract law and competition (antitrust) law. First it surveys some relevant aspects of the literature and provides some specific examples relating to:(i) The theory and development of contract enforcement institutions(ii)...
Persistent link: https://www.econbiz.de/10011199526
This study investigates the link between bankruptcy and security legislation and potential credit losses faced by banks based on a cross-country study for the United States (US), the United Kingdom (UK) and Germany. Focusing on corporate credit, we find that legislation produces the highest...
Persistent link: https://www.econbiz.de/10008876595