incomplete contract. It is shown that the efficiency of these solutions is very sensitive to the characteristics of the good or … increasing the quality of law. -- contract ; law and economics ; reputation ; repeated games ; incomplete contracts … ; transactions costs ; institutional economics ; contract enforcement …

those items are undescribable ex ante. In presence of this `quality-choice problem', no initial contract may induce …

What information should courts utilize when assessing contract damages? Should they award damages that were rationally … damages are more efficient than ex post actual damages through a simple model of costly litigation for contract breach, where …

in which enforcement of default remedies for breach of contract is imperfect, an optimal performance standard grants … and the seller said to be in "material breach" of contract. This optimal performance standard implements efficient …

two economically equivalent contracts – a fixed-term renewable and an open-ended at-will contract. Each contract provides … partners with full flexibility regarding the length and termination of their interaction. When only one contract type is … contract type. However, when both contracts are available offering a fixed-term instead of an open-ended contract is perceived …

contracting model, absent judicial idiosyncrasies, the parties always write a contract contingent on the state of nature so as to …

This article proposes relational contract as a model for analyzing marriage under Canadian law. In contrast, in … instead go to compensation, including reliance and expectations. This article uses relational contract to critique Bracklow …