The Doctrine of Divisible Contracts
نویسندگان
چکیده
منابع مشابه
Expectation Damages, Divisible Contracts, and Bilateral Investment
This paper examines the efficiency of expectation damages as a breach remedy in a bilateral trade setting with renegotiation and relationship-specific investment by the buyer and the seller. As demonstrated by Edlin and Reichelstein (1996), no contract that specifies only a fixed quantity and a fixed per-unit price can induce efficient investment if marginal cost is constant and deterministic. ...
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ژورنال
عنوان ژورنال: The American Law Register (1898-1907)
سال: 1900
ISSN: 1558-3562
DOI: 10.2307/3306759