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Expectation Damages and Bilateral Cooperative Investments

Daniel Göller.

in American Law and Economics Review

December 2014; p ublished online April 2014 .

Journal Article. Subjects: Contract Law; Game Theory and Bargaining Theory; Information, Knowledge, and Uncertainy; Market Structure, Firm Strategy, and Market Performance; Particular Labour Markets. 8898 words.

We examine the efficiency of the standard breach remedy expectation damages in a setting where the buyer invests cooperatively and the seller invests both cooperatively and selfishly....

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THE FTC, IP, AND SSOS: GOVERNMENT HOLD-UP REPLACING PRIVATE COORDINATION

Richard A. Epstein, F. Scott Kieff and Daniel F. Spulber.

in Journal of Competition Law & Economics

March 2012; p ublished online March 2012 .

Journal Article. Subjects: Law and Economics; General Economics; Technological Change; Research and Development; History of Economic Thought (1925 onwards); Household Behaviour and Family Economics; Property Law; Microeconomics; Analysis of Collective Decision-making; Manufacturing; Welfare Economics; Antitrust Issues and Policies; Economic History; Production and Organizations; Market Structure and Pricing; Information, Knowledge, and Uncertainy; Regulation and Industrial Policy; Capitalist Systems; Firm Objectives, Organization, and Behaviour; Market Structure, Firm Strategy, and Market Performance; History of Economic Thought (to 1925). 21147 words.

In its recent report entitled, “The Evolving IP Marketplace,” the Federal Trade Commission (FTC) proposes a far-reaching regulatory approach (Proposal) that is likely to interfere with the...

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Likelihood Ratio Tests and Legal Decision Rules

Louis Kaplow.

in American Law and Economics Review

March 2014; p ublished online January 2014 .

Journal Article. Subjects: Law and Economics; Criminal Law; Information, Knowledge, and Uncertainy. 14938 words.

Various legal decision-making criteria can be formulated as likelihood ratio tests, wherein liability, prohibition, or other outcomes are associated with evidence strength exceeding a...

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Partnership dissolution, complementarity, and investment incentives

Jianpei Li and Elmar Wolfstetter.

in Oxford Economic Papers

July 2010; p ublished online September 2009 .

Journal Article. Subjects: Game Theory and Bargaining Theory; Firm Objectives, Organization, and Behaviour; Demographic Economics; Information, Knowledge, and Uncertainy; Contract Law. 7984 words.

Partnerships form in order to take advantage of complementary skills; however, new opportunities may arise that make some partners' skills useless. We analyse partnerships that anticipate...

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Political Economy of Regulation of Broiler Contracts

Tomislav Vukina and Porametr Leegomonchai.

in American Journal of Agricultural Economics

December 2006; p ublished online December 2006 .

Journal Article. Subjects: Regulation and Industrial Policy; Information, Knowledge, and Uncertainy; Contract Law; Agricultural Economics. 5450 words.

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Population-Based Liability Determination, Mass Torts, and the Incentives for Suit, Settlement, and Trial

Andrew F. Daughety and Jennifer F. Reinganum.

in The Journal of Law, Economics, and Organization

December 2010; p ublished online February 2009 .

Journal Article. Subjects: Law and Economics; Information, Knowledge, and Uncertainy; Tort Law. 15443 words.

We explore how the incentives of a plaintiff, when considering filing suit and bargaining over settlement, differ between suits associated with stand-alone torts cases and suits involving...

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Private Information and the Option to Not Sue: A Reevaluation of Contract Remedies

Ronen Avraham and Zhiyong Liu.

in The Journal of Law, Economics, and Organization

April 2012; p ublished online December 2009 .

Journal Article. Subjects: Information, Knowledge, and Uncertainy; Law and Economics; Contract Law. 10286 words.

In this paper, we study contracts with two-sided incomplete information. Prior literature on contract remedies does not formally account for the nonbreaching party's option to not sue for...

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Private Mechanisms, Informal Incentives, and Policy Intervention in Agricultural Contracts

Jack Schieffer and Steven Wu.

in American Journal of Agricultural Economics

December 2006; p ublished online December 2006 .

Journal Article. Subjects: Information, Knowledge, and Uncertainy; Contract Law; Agricultural Economics. 4273 words.

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Producer Protection Legislation and Termination Damages in the Presence of Contracting Frictions

Steven Y. Wu.

in American Journal of Agricultural Economics

January 2010; p ublished online January 2010 .

Journal Article. Subjects: Information, Knowledge, and Uncertainy; Firm Objectives, Organization, and Behaviour; Contract Law. 8921 words.

This study models producer protection legislation (PPL) that would grant growers the right to claim damages if their contracts are prematurely terminated. In the absence of contracting...

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Product Safety, Buybacks, and the Post-Sale Duty to Warn

Kathryn E. Spier.

in The Journal of Law, Economics, and Organization

October 2011; p ublished online October 2009 .

Journal Article. Subjects: Information, Knowledge, and Uncertainy; Household Behaviour and Family Economics; Tort Law; Market Structure, Firm Strategy, and Market Performance. 10129 words.

A manufacturer learns a product's risks after it has been sold and distributed to consumers. When held strictly liable for product-related injuries, the manufacturer offers to repurchase...

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