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Breach of Contract

An Economic Analysis of the Efficient Breach Scenario

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Exploring the concept of "efficient breach," this book delves into how market structures, information asymmetries, and rational choice deviations influence contract performance. It offers a fresh perspective on the remedies that effectively motivate parties to fulfill contracts only when it is economically beneficial, contributing to the ongoing discourse in law and economics. Through thorough analysis, it addresses the complexities surrounding contractual obligations and efficiency.

Vydanie

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Breach of Contract, Oliver Hofmann

Jazyk
Rok vydania
2021
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Podtitul
An Economic Analysis of the Efficient Breach Scenario
Jazyk
anglicky
Rok vydania
2021
Väzba
pevná
Počet strán
276
ISBN13
9783030625245
Série
Anotácia
Exploring the concept of "efficient breach," this book delves into how market structures, information asymmetries, and rational choice deviations influence contract performance. It offers a fresh perspective on the remedies that effectively motivate parties to fulfill contracts only when it is economically beneficial, contributing to the ongoing discourse in law and economics. Through thorough analysis, it addresses the complexities surrounding contractual obligations and efficiency.