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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.

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Breach of Contract, Oliver Hofmann

Idioma
Publicado en
2021
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Subtítulo
An Economic Analysis of the Efficient Breach Scenario
Idioma
Inglés
Publicado en
2021
Formato
Tapa dura
Páginas
276
ISBN13
9783030625245
Serie
Descripción
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.