Economic Analysis Of Information And Contracts
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Economic Analysis Of Information And Contracts
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Author : Gerald A. Feltham
language : en
Publisher: Springer Science & Business Media
Release Date : 1988-06-30
Economic Analysis Of Information And Contracts written by Gerald A. Feltham and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988-06-30 with Business & Economics categories.
The three coeditors knew John Butterworth for many years and had worked closely with him on a number of research projects. We respected him as a valuable colleague and friend. We were greatly saddened by his untimely death. This book is an attempt to remember him. We dedicate the volume to John with thanks for the contributions he made to our research, to the Faculty of Commerce and Business Administration at the University of British Columbia, and to the accounting profession. This volume contains twelve invited papers on the general topic of the economic theory of information and contracts. We asked leading scholars who had known John to contribute papers. The response was very gratifying. The authors provided us with new strong research papers that should make a lasting contribution to the accounting and information economics research literature, and make us all proud to have put this volume together. The research papers in the volume are in three sections: information evaluation in multi person conte)l:ts; contracting in agencies under moral hazard; and contracting in agencies with private information. We begin part I with Jerry Feltham's review of John Butterworth's pioneering contributions to the accounting and information economics literature. This is followed by an introduction to the papers in the volume and the papers themselves.
Economic Analysis Of Contract Law
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Author : Sugata Bag
language : en
Publisher: Springer
Release Date : 2018-01-24
Economic Analysis Of Contract Law written by Sugata Bag and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-24 with Law categories.
This book examines the main issues arising in economic analysis of contract law with special attention given to the incomplete contracts. It discusses both the main features of contract law as they relate to the problem of economic exchange, and how the relevant legal rules and the institutions can be analysed from an economic perspective. Evaluate the welfare impacts, analyses the effects and the desirability of different breach remedies and examines the optimal incentive structure of party-designed liquidated damages under the different dimensions of informational asymmetry. Overall the book aims to contribute to the legal debate over the adoption of the specific breach remedies when the breach victim’s expectation interest is difficult to assess, and to the debate over courts' reluctance to implement large penalties in the event of breach of contracts.
Economic Analysis Of Information And Contracts
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Author : Gerald A Feltham
language : en
Publisher:
Release Date : 1988-06-30
Economic Analysis Of Information And Contracts written by Gerald A Feltham and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988-06-30 with categories.
Economic Analysis Of The Dcfr
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Author : Filomena Chirico
language : en
Publisher: Walter de Gruyter
Release Date : 2010-03-12
Economic Analysis Of The Dcfr written by Filomena Chirico and has been published by Walter de Gruyter this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-03-12 with Law categories.
The Economic Impact Group (EIG) was created to support the work on the DCFR with insights from law and economics. It brings together a number of leading European law and economics scholars. The Group looked at the main elements of the DCFR with two questions in mind: from an economic perspective, is it sensible to harmonize private law across Europe for this specific element, and is the solution chosen in the DCFR optimal? This book presents the outcome of the work of the EIG. It deals with key issues such as the function of contract law, contract formation, good faith, non-discrimination, specific performance versus damages, standard contractual terms and consumer protection in contract law. The EIG complements the work of the drafters of the DCFR with insightful and critical assessments, based on the well-established law and economics literature.
Applied Economic Analysis Of Information And Risk
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Author : Moriki Hosoe
language : en
Publisher: Springer Nature
Release Date : 2020-03-25
Applied Economic Analysis Of Information And Risk written by Moriki Hosoe and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-25 with Business & Economics categories.
This book examines interesting new topics in applied economics from the perspectives of the economics of information and risk, two fields of economics that address the consequences of asymmetric information, environmental risk and uncertainty for the nature and efficiency of interactions between individuals and organizations. In the economics of information, the essential task is to examine the condition of asymmetric information under which the information gap is exploited. For the economics of risk, it is important to investigate types of behavior including risk aversion, risk sharing, and risk prevention, and to reexamine the classical expected utility approach and the relationships among several types of the changes in risk. Few books have ever analyzed topics in applied economics with regard to information and risk. This book provides a comprehensive collection of applied analyses, while also revisiting certain basic concepts in the economics of information and risk. The book consists of two parts. In Part I, several aspects of applied economics are investigated, including public policy, labor economics, and political economics, from the standpoint of the economics of (asymmetric) information. First, several basic frameworks of the incentive mechanism with regard to transaction-specific investment are assessed, then various tools for market design and organization design are explored. In Part II, mathematical measures of risk and risk aversion are examined in more detail, and readers are introduced to stochastic selection rules governing choice behavior under uncertainty. Several types of change in the random variable for the cumulative distribution function (CDF) and probability distribution function (PDF) are discussed. In closing, the part investigates the comparative static results of these changes in CDF or PDF on the general decision model, incorporating uncertain situations in applied economics.
Breach Of Contract
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Author : Oliver Hofmann
language : en
Publisher:
Release Date : 2021
Breach Of Contract written by Oliver Hofmann and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.
"Efficient breach" is one of the most discussed topics in the literature of law and economics. What remedy incentivizes the parties of a contract to perform contracts if and only if it is efficient? This book provides a new perception based on an in-depth analysis of the impact the market structure, asymmetry of information, and deviations from the rational choice model have, comprehensively. The author compares the two predominant remedies for breach of contract which have been adopted by most jurisdictions and also found access to international conventions like the Convention on Contracts for the International Sale of Goods (CiSG): Specific performance and expectation damages. The book illustrates the complexity such a comparison has under more realistic assumptions. The author shows that no simple answer is possible, but one needs to account for the circumstances. The comparison takes an economic approach to law applying game theory. The game-theoretic models are consistent throughout the entire book which makes it easy for the reader to understand what effects different assumptions about the market structure, the distribution of information, and deviations from the rational choice model have, and how they are intertwined.
Readings In The Economics Of Contract Law
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Author : Victor P. Goldberg
language : en
Publisher: Cambridge University Press
Release Date : 1989
Readings In The Economics Of Contract Law written by Victor P. Goldberg and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Business & Economics categories.
This collection brings together some of the main contributions to an important area of this work, the economics of contract law.
Contract Law And Economics
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Author : Gerrit de Geest
language : en
Publisher: Edward Elgar Publishing
Release Date : 2010-10
Contract Law And Economics written by Gerrit de Geest and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-10 with Law categories.
This unique and timely book offers an up-to-date, clear and comprehensive review of the economic literature on contract law. The topical chapters written by leading international scholars include: precontractual liability, misrepresentation, duress, gratuitous promises, gifts, standard form contracts, interpretation, contract remedies, penalty clauses, impracticability and foreseeability. Option contracts, warranties, long-term contracts, marriage contracts, franchise contracts, quasi-contracts, behavioral approaches, and civil contract law are also discussed. This excellent resource on contract law and economics will be particularly suited to contract law scholars, law teachers, policy makers, and judges. For experts in and practitioners of contract law this will be a key book to buy.
Economics Of Contract Law
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Author : Douglas G. Baird
language : en
Publisher: Edward Elgar Publishing
Release Date : 2007
Economics Of Contract Law written by Douglas G. Baird and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business & Economics categories.
This important volume presents a rich collection of ideas on and insights into the law and economics of contracts. It includes material relevant to a large number of legal fields. Many of the articles are classics that have, over the years, become focal points for continuing debate; others provide an easily accessible account of particular areas. The editor's comprehensive introduction provides an overview of law and economics scholarship in contracts over the past few decades and a portal into an evolving field. Topics include: the economics of contracting; efficient breach and renegotiation; expectation damages and its alternatives; default rules and mass markets.
Economic Analysis Of Contract Law Antitrust Law And Safety Regulations
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Author : Jenny Bourne Wahl
language : en
Publisher: Taylor & Francis
Release Date : 1998
Economic Analysis Of Contract Law Antitrust Law And Safety Regulations written by Jenny Bourne Wahl and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Health & Fitness categories.
First published in 1999. Routledge is an imprint of Taylor & Francis, an informa company.