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Framing Contract Law An Economic Perspective

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ISBN-10: 0674063929

ISBN-13: 9780674063921

Edition: 2006

Authors: Victor Goldberg

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The central theme of this book is that an economic framework--incorporating such concepts as information asymmetry, moral hazard, and adaptation to changed circumstances--is appropriate for contract interpretation, analyzing contract disputes, and developing contract doctrine. The value of the approach is demonstrated through the close analysis of major contract cases. In many of the cases, had the court (and the litigators) understood the economic context, the analysis and results would have been very different. Topics and some representative cases include consideration (Wood v. Lucy, Lady Duff Gordon), interpretation (Bloor v. Falstaff and Columbia Nitrogen v. Royster), remedies (Campbell…    
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Book details

Copyright year: 2006
Publisher: Harvard University Press
Publication date: 3/5/2012
Binding: Paperback
Pages: 424
Size: 6.25" wide x 9.50" long x 1.00" tall
Weight: 1.078
Language: English

Victor Goldberg is Jerome L. Greene Professor of Transactional Law at Columbia Law School.