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contract away their right to an injunction when it is efficient for them to do so. The result was to cement for many the … bear in his path-breaking article is extremely important. But it is incomplete. True, parties can contract around … inefficient property rules in IP cases. But as I show in this paper, they can - and do - contract around inefficient liability …
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Nobel for their fundamental contributions to contract theory. This article offers a short summary and discussion of their …
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