Well-functioning markets and contract law -- The moral consequences of well-functioning markets -- Contract law, efficiency, and morality -- Consideration -- Remedies -- Boilerplate -- Pernicious markets and the limits of contract law

The Economics of Contracts provides a guided tour to the leading ideas in contract theory. It assembles some of the foundational writings on contracting under limited and asymmetric information, incentives and mechanism design. It contains, in particular, the key contributions of five recent...

Chapter 1. Introduction -- Chapter 2. Theories of Contract and Contract Law -- Chapter 3. Disagreement, Conflict, and Retaliation in Breach of Contract -- Chapter 4. Reciprocity and Legal Relief in Breach of Contract -- Chapter 5. Retaliation, Remedies, and Contracts -- Chapter 6. Implications...