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 …

In order to contribute to the debate on the “edges of contract law,” especially on the value of the privity rule in an … age of network contracts and sharing economy, this Essay analyzes some approaches and solutions chosen by continental or … specifically the effect in one relationship of the fact that a contracting partner also has a contract with a third party. First …

agents in a social network. The extent of externality that each agent receives from the consumption of neighboring agents is … privately held and is unknown to the firm. By explicitly characterizing the optimal multilateral contract, we demonstrate how … inefficiency in an agent’s trade propagates through the network and creates unequal and network-dependent downward distortion in …

o er a theory of simultaneous contract o ffers that generalizes the "Colonel Blotto" game. Nielsen illustrates the full … buyer. The vertical contracts are complementary, in that each contract relaxes the individual-rationality constraint in the …

The rise of the network as a form of economic organization renders problematic our standard understanding of how … capitalism is governed. As the governance of production shifts from vertical integration to horizontal contract, a puzzle arises … that firms govern their collaborations through a number of new contract mechanisms, the summation of which is a novel …

Herein I outline an alternative theory of contract and contract enforcement. This theory is based upon two claims, one … the traditional contextualist and the ascendant neoformalist approaches to contract enforcement undermine this new form of … contract, a new philosophy is needed. A hybrid approach, integrating both formalism and problem-solving judicial intervention …

This essay studies the availability of market-based damages for breach of contract as a substitute for standard … for the International Sales of Goods, 1980 (CISG) and the European Principles of Contract Law, 2003 (PECL), as well as on …

Recent studies emphasize the role of the network structure of production input interlinkages for a wide range of … network formation. Here we provide evidence on the evolution of production input interlinkages on the most granular level of … economy. We review the main empirical properties of the Japanese production network level and find that these features are …

possible outcomes, a flexible contract allows for future adaptation but is associated with ex post haggling cost. By specifying … a single outcome, a rigid contract eliminates future disagreement but precludes beneficial adjustments to the occurring …