Dynamic Contract Breach / Najlacnejšie knihy
Dynamic Contract Breach

Code: 08296939

Dynamic Contract Breach

by Fan Zhang

This paper studies the design of optimal, privately-stipulated damages when breach of contract is possible at more than one point in time. It offers an intuitive explanation for why cancellation fees for some services (e.g., hotel ... more

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Book synopsis

This paper studies the design of optimal, privately-stipulated damages when breach of contract is possible at more than one point in time. It offers an intuitive explanation for why cancellation fees for some services (e.g., hotel reservations) increase as

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Book category Books in English Society & social sciences Politics & government

15.48 €

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