International trade negotiations have traditionally been viewed as a two-level political bargain between trading … trade negotiations, its focus on politics tends to obscure the economic consequences of trade agreements. Drawing upon … insights from contract theory in economics, this Article analyzes three ingredients of transaction costs that lead to the …

address this problem, we propose a practical contract mechanism that encourages each buyer to purchase a coverage amount that …

. The findings of this study reveal that Chinese courts favour damages over SP in breach of contract cases. In addition …

I study bargaining over contract arrangements—contractual flexibility and rental payments—that profoundly affects the … flexibility. Second, social proximity helps non-stranger entrepreneurs obtain low-flexibility contracts without fully compensating …

The strict liability rule applies in Chinese Contract Law. This article analyses the features of the Chinese Contract … Law relating to "liabilities under pre-contract" and "pre-contractual liabilities" …