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....