Readings in the Economics of Contract Law

Etukansi
Victor P. Goldberg
Cambridge University Press, 1989 - 252 sivua
Economic analysis is being applied by scholars to an increasing range of legal problems. This collection brings together some of the main contributions to an important area of this work, the economics of contract law. The essays and illuminating notes, questions, and introductions provided by the editor outline the Law and Economics framework for analyzing contractual relationships. The first two parts of the book present a number of useful concepts--adverse selection, moral hazard, and rent seeking--and a general way of thinking about the economics of contracting and contract law. The remainder of the book considers a wide range of topics and issues. The recurring theme is that contracting parties want to assign the responsibility for adjusting to particular contingencies to the party best able to control the costs of adjustment. The adjustment problem is exacerbated by the fact that the parties might engage in various types of strategic behavior, such as opportunism, moral hazard, and rent-seeking. Many contract law doctrines can best be understood as attempts to replicate how reasonable parties might resolve this adjustment problem.
 

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Sisältö

I
II
4
III
16
IV
21
V
24
VI
29
VII
31
VIII
33
XXV
128
XXVI
133
XXVII
139
XXVIII
147
XXIX
152
XXX
161
XXXI
164
XXXII
169

IX
35
X
43
XI
53
XII
61
XIII
69
XIV
72
XV
77
XVI
80
XVII
84
XVIII
86
XIX
92
XX
99
XXI
106
XXII
114
XXIII
122
XXIV
126
XXXIII
174
XXXIV
185
XXXV
188
XXXVI
194
XXXVII
199
XXXIX
201
XL
208
XLI
212
XLII
221
XLIII
225
XLIV
236
XLV
241
XLVI
247
XLVII
251
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