, eds.), surveys major issues arising in the economic analysis of contract law. It begins with an introductory discussion of … contracts. These areas include freedom of contract (i.e., the scope of private power to create binding obligations), formation … of contracts (both the procedural mechanics of exchange, and rules that govern pre-contractual behavior), contract …

contract. For this purpose, an in-depth study of different types of risks which generally arisen in large sized construction … construction contract and different parties which are generally involved within a construction contract. In this section, the … the contract. Further, the paper discusses different types of risks availed by different parties so that raw data for …

Despite the existence of a near consensus on most of the specifics of common law contract law, there remains a great … deal of uncertainty about how doctrines of contractual fairness are to be applied to excuse a party from a contract, and no … contract is unfair, we must first determine why contract is enforced at all. The exceptions to contractual enforcement can then …

A smart contract is software designed to do the job of a legal contract: ensuring the performance of parties who might … not otherwise trust one another to do so. By running a smart contract on blockchain, users can lock themselves into future … economy.Some have argued that smart contracts represent a new type of legal contract, analogizing the software’s code to a …

The following case study investigates the contract enforcement institutions that enable German customers to purchase … developments in the field of information and communication technology. Overall, the importance of formal contract law in …

This paper illustrates the regulatory limits of the mandatory rule in contract law by undertaking an economic analysis … forcing the principal to make a mandatory end payment to the agent on termination of the contract. It is suggests that Article …

express or implied statutory rule, might require a party to contract with someone it does not want to. These cases involved … force a non-public party to enter into any contract. Only an Act of Parliament (it is accepted that an implication may be … sufficient) should force someone to contract with another person. Freedom of contract implies freedom not to contract. The …

bringing in more contract into the statutes regulating marriage, we suggest that marriage law can become a more efficient … introduce more contract into marriage, thus clearing away many of its religious and idealistic connotations. Economic analysis … with more elements of contract. We propose a new type of contract marriage and illustrate its key economic functions. We …

of damages awarded in tort and contract should be distinguished on the basis of the differing financial destinations to …