Can I read Breach of Contract: An Economic Analysis of the Efficient Breach Scenario (International Law and Economics) on EtoBox?

Breach of Contract: An Economic Analysis of the Efficient Breach Scenario (International Law and Economics) by Oliver Hofmann is a nonfiction available to read on EtoBox.

What is Breach of Contract: An Economic Analysis of the Efficient Breach Scenario (International Law and Economics) about?

“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 cho

Who reads Breach of Contract: An Economic Analysis of the Efficient Breach Scenario (International Law and Economics)?

Author

Oliver Hofmann

Publisher

Springer International Publishing : Imprint: Springer

Published

2021

Language

EN

ISBN

9783030625252

Category

nonfiction

Subjects

Law, Mathematics, Economics