paradigm relation, i.e. a management contract. In this analysis we use MacNeil's norms model and we test in relation to twelve … unilateral and bilateral obligations of a standard management contract relation. We examine which norms and to what extent apply …

Rational parties enter into a contract if the agreement is mutually beneficial. However, after the contract is formed …, changes to the costs and/or benefits of performance may render the original contract undesirable. In this paper, we carry out … contractual obligations. After entering into a contract, experimental subjects observe symmetrical changes to the original costs …

Among default remedies for breach of contract, expectation damages are believed superior to property rules such as …

Contract today increasingly links entrepreneurial innovations to the efforts and finance necessary to transform ideas … into value. In this Chapter, we describe the match between a form of contract that "braids" formal and informal contractual … contract have emerged first in markets, and that the common law, and the theory of contract, then play catch-up. Between the …

This paper shows that geographical elements can form an essential component of contract design in addition to more … the pricing of the VC investment and the entrepreneur's monetary incentives. We construct an index of “contract harshness … companies that raise larger amounts of VC financing. However, we find that geography plays a crucial role in VC contract design …

Given a choice between two systems of contract rules, a court or legislature may have a normative obligation to adopt … proposition through the lens of multiple contract doctrines that traditionally involve “messy” judgments or multiple interacting … differences between contract rules that require human analysis versus those that can be applied with strong reliability by …

judiciary embraces PLAs has afforded them a status of “super contract,” a status that transcends traditional rules of contract …

The term “liberty of contract” is usually associated with the doctrine that the due process clause of the United States … free-market advocates embrace the liberty of contract doctrine because they are averse to State interference with private … market transactions. But the term is ironic because a contract is only legally binding if courts will enforce it. Since …

This article presents empirical estimates that two thirds of the people perceive breach of contract followed by … the main factor. Contract law reflects interpersonal morality and allows courts to rescind the contract on grounds of …