[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/h/spr/intchp/978-3-030-62525-2_1.html
   My bibliography  Save this book chapter

Introduction

In: Breach of Contract

Author

Listed:
  • Oliver Hofmann

    (University of Hamburg)

Abstract
It is an important topic in legal theory and law and economics how contracts and the law should protect the buyer’s entitlement to the performance of a contract. In my work, I analyze the so-called efficient breach scenario: After two parties have concluded a contract the circumstances change rendering the costs of performance higher than the buyer’s valuation. What should the remedy look like to resolve such situations? Acknowledging the complexity of the problem and that there is not the one remedy that serves the parties best under all circumstances my work contributes by analyzing distributional effects and efficiency under specific performance and expectation damages. My work puts a focus on three topics that have not got the deserved attention so far: the influence of the market structure, the informational structure and insights from behavioral economics about human behavior.

Suggested Citation

  • Oliver Hofmann, 2021. "Introduction," International Law and Economics, in: Breach of Contract, chapter 0, pages 1-13, Springer.
    • Handle: RePEc:spr:intchp:978-3-030-62525-2_1
    DOI: 10.1007/978-3-030-62525-2_1
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:intchp:978-3-030-62525-2_1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.