of contract theory over the past twenty years has been devoted to developing answers to those two questions. The same two …The economic analysis of contract law can be organized around two general questions: (1) what are the efficient or … welfare-maximizing substantive rules of contract law; and (2) once those rules have been identified, when if ever should they …

intermediaries. Insurance can be provided because in an equilibrium contract an up-front payment effectively locks in the agent with … given period, after having observed her income, the agent can walk away from the contract, while the intermediary cannot, i … autarky, but also partial and full insurance can obtain, depending on the relative patience of agents and financial …

The main objective of the paper is to discuss the EU private international law of the insurance contracts after the … discusses among others the division of conflict rules based on the nature of the risk concerned and the problem of the insurance …