Readings in the Economics of Contract Law
Herausgeber: Goldberg, Victor P.
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Part 1. Some Preliminaries: 1. Non-contractual relations in business: a
preliminary study Stewart Macaulay; 2. Relational exchange: economics and
complex contracts Victor P. Goldberg; 3. Production functions, transactions
costs, and the new institutionalism Victor P. Goldberg; 4. The market for
'lemons': quality uncertainty and the market mechanism George A. Akerlof;
5. A treatise on the law of marine insurance and general average, volume 1
Theophilus Parsons; 6. The economics of moral hazard: comment Mark V.
Pauly; 7. The economics of moral hazard: further comment Kenneth J. Arrow;
8. Efficient rent seeking Gordon Tullock; Questions and notes on rent
seeking; Part II. Contract Law and the Least Cost Avoider: 9. Unity in
tort, contract, and property: the model of precaution Robert Cooter; 10.
The mitigation principle: toward a general theory of contractual obligation
(1) Charles J. Goetz and Robert E. Scott; 11. Relational exchange, contract
law and the Boomer problem (1) Victor P. Goldberg; Questions and notes on
the least cost avoider; Part III. The Expectation Interest, the Reliance
Interest and Consequential Damages: A. Property in Price; 12. The reliance
interest in contract damages Lon Fuller and William Perdue; 13. Note on
price information and enforcement of the expectation interest Victor P.
Goldberg; Questions and notes on protecting the property interest in the
price; B. Reliance and Consequential Damages; 14. The contract-tort
boundary and the economics of insurance William Bishop; 15. Notes on the
reliance interest Robert Birmingham; Questions and notes on fault,
consequential damages and reliance; Part IV. The Lost-Volume Seller Puzzle:
16. An economic analysis of the lost-volume retail seller Victor P.
Goldberg; Questions and notes on the seller's lost profits; Part V.
Specific Performance and the Cost of Completion: 17. The choice of remedy
for breach of contract William Bishop; 18. Relational exchange, contract
law and the Boomer problem Victor P. Goldberg; 19. Cost of completion or
diminution in market value: the relevance of subjective value Timothy J.
Muris; Questions and notes on specific performance and cost of completion;
Part VI. Power, Governance and the Penalty Clause Puzzle: 20. Transaction
cost determinants of 'unfair' contractual arrangements Benjamin Klein; 21.
A relational exchange perspective on the employment relationship Victor P.
Goldberg; 22. Liquidated damages versus penalties: sense or nonsense?
Kenneth W. Clarkson, Rober Leroy Miller and Timothy J. Muris; 23. Further
thoughts on penalty clauses Victor P. Goldberg; Questions and notes on
power and penalty clauses; Part VII. Standard Forms and Warranties: 24.
Institutional change and the quasi-invisible hand Victor P. Goldberg; 25. A
theory of the consumer product warranty George L. Priest; Questions and
notes on warranties; Part VIII. Duress, Preexisting Duty and Good Faith
Modification: 26. Duress by economic pressure John Dalzell; 27. Gratuitous
promises in economics and law Richard A. Posner; 28. The mitigation
principle: toward a general theory of contractual obligation Charles J.
Goetz and Robert E. Scott; 29. The law of contract modifications: the
uncertain quest for a benchmark of enforceability Varouj A. Aivazian,
Michael J. Trebilcock and Michael Penny; Questions and notes on duress;
Part IX. Impossibility, Related Doctrines and Price Adjustment: 30.
Impossibility and related doctrines in contract law: an economic analysis
Richard A. Posner and Andrew M. Rosenfield; 31. Impossibility and related
excuses Victor P. Goldberg; 32. Price adjustment in long-term contracts
Victor P. Goldberg; Questions and notes on impossibility and price
adjustment; References; Indexes.
