Nobel for their fundamental contributions to contract theory. This article offers a short summary and discussion of their …

recourses. Within this apparent variety lurk two fundamental alternatives. The aggrieved party may (i) 'affirm' the contract and … seek money damages or specific performance; or (ii) 'disaffirm' the contract with the remedy of rescission and restitution …. This simple dichotomy of contract remedies applies broadly in both common law and civil law practice. We show here that …

. We find that it is optimal to write an augmented Cadillac contract that sets one threshold such that it cannot be met …

This paper studies cross-border intellectual property rights (IPR) as a North-South contract using a Nash bargaining … effective in preventing contract violation up to a critical level of absorptive capacity. We relate this to the US Trade … from, continue to remain on the list. -- Intellectual Property Rights ; TRIPS ; Nash Bargaining ; Contract …

constraints ensuring that trading partners do not breach contracts unduly. Whether a long-term contract is enforceable does not … optimal contract would remain stationary, non-stationarity might arise under asymmetric information. Enforcement constraints … at high prices at the beginning of the relationship before breaching the contract later on. Yet, such take …

This paper studies cross-border intellectual property rights (IPR) as a North-South contract using a Nash bargaining … effective in preventing contract violation up to a critical level of absorptive capacity. We relate this to the US Trade …

This paper studies cross-border intellectual property rights (IPR) as a North-South contract using a Nash bargaining … effective in preventing contract violation up to a critical level of absorptive capacity. We relate this to the US Trade …