prosecutions, as breaking an employee contract was a criminal offense until 1875. We first reproduce all regression tables in Naidu …

Given a choice between two systems of contract rules, a court or legislature may have a normative obligation to adopt … the rule that is more susceptible to coding and automation. This paper explores the ramifications of that normative … proposition through the lens of multiple contract doctrines that traditionally involve “messy” judgments or multiple interacting …

Given a choice between two systems of contract rules, a court or legislature may have a normative obligation to adopt … the rule that is more susceptible to coding and automation. This paper explores the ramifications of that normative … proposition through the lens of multiple contract doctrines that traditionally involve “messy” judgments or multiple interacting …

If a seller delivers a good non-conforming to contract, European and US warranty law allows consumers to choose between … use non-conformity as a pretext for getting rid of a contract he no longer wants. We show that this possibility of …

We relate the design of contract law to the process of development. In this paper, contract law defines which private … levels of effort and trading among agents. The solution to this problem requires a social contract which meets two conditions …: (i) an economywide delegate (judge) responsible for the enforcement of the social contract and (ii) a set of non …

about the asset? How do the disclosure rules of contract law influence the investigation decision? Shavell (1994) showed …-disclosure rule, which requires disclosure of material information, but only after the contract is concluded. We show that this rule … can be more efficient than both voluntary disclosure and mandatory (pre-contract) disclosure …

). New contract language also includes dispute resolution provisions (e.g., jury waivers, forum selection clauses) that are …

We consider default rules for instances in which parties to a contract did not allocate the risk of a certain … contingency, and both sides could have helped avoid the occurrence of breach of the contract or lessen the damages from it … the optimal level of precautionary costs and to allocate the steps to be taken to the low cost bearer. -- Contract Law …