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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 contract remedies can motivate parties to fulfill agreements only when it is economically beneficial. It offers a fresh perspective through a thorough examination of market structures, information asymmetries, and the limitations of the rational choice model, providing insights into the complexities of contract performance in law and economics.

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Breach of Contract, Oliver Hofmann

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Released
2022
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Subtitle
An Economic Analysis of the Efficient Breach Scenario
Language
English
Format
Paperback
Pages
276
ISBN13
9783030625276
Series
Description
Exploring the concept of "efficient breach," this book delves into how contract remedies can motivate parties to fulfill agreements only when it is economically beneficial. It offers a fresh perspective through a thorough examination of market structures, information asymmetries, and the limitations of the rational choice model, providing insights into the complexities of contract performance in law and economics.