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Equity, Efficiency, and Ethics in Remedies for Breach of Contract : Theory and Experimental Evidence / / by Sergio Mittlaender



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Autore: Mittlaender Sergio Visualizza persona
Titolo: Equity, Efficiency, and Ethics in Remedies for Breach of Contract : Theory and Experimental Evidence / / by Sergio Mittlaender Visualizza cluster
Pubblicazione: Cham : , : Springer International Publishing : , : Imprint : Springer, , 2022
Edizione: 1st ed. 2022.
Descrizione fisica: 1 online resource (241 pages)
Disciplina: 346.022
Soggetto topico: Law and economics
Contracts
Common law
Economics - Psychological aspects
Law - Philosophy
Law - History
Civil law
Law and Economics
Common Contract Law
Behavioral Economics
Theories of Law, Philosophy of Law, Legal History
Civil Law
Nota di bibliografia: Includes bibliographical references.
Nota di contenuto: Chapter 1. Introduction -- Chapter 2. Theories of Contract and Contract Law -- Chapter 3. Disagreement, Conflict, and Retaliation in Breach of Contract -- Chapter 4. Reciprocity and Legal Relief in Breach of Contract -- Chapter 5. Retaliation, Remedies, and Contracts -- Chapter 6. Implications and Normative Analysis of Remedies for Breach -- Chapter 7. Conclusion.
Sommario/riassunto: This book analyzes the conflict that emerges between parties after a breach of contract and how different legal remedies can best reduce conflict. Causes for conflict include equity, efficiency, and ethical reasons that parties might consider and use to blame the other or to justify breach. In the end, if not resolved through apologies or renegotiation, conflict leads to aggrievement and behavioral reactions in form of retaliation by the victim against the promisor in breach. The book provides empirical evidence from laboratory experiments for how individuals react to perceived wrongful acts such as breach of contract and for the function of legal remedies to reduce retaliation by disappointed promisees in providing them compensation. It reveals how the inequality in the outcome, and not the inefficiency of breach of contract, causes aggrievement and retaliation by victims. The book concludes with a comparative law and economic analysis of remedies for breach of contract adopted in different leading jurisdictions, with important normative implications for the American insistence on expectation damages, the French expansion of specific performance with "astreinte", the German junction of specific performance, expectation damages, and disgorgement damages, and the British timid acceptance of partial disgorgement damages. The book will appeal to scholars, researchers, and students of economics and law, interested in a better understanding of remedies for breach of contract.
Titolo autorizzato: Equity, Efficiency, and Ethics in Remedies for Breach of Contract  Visualizza cluster
ISBN: 9783031108044
9783031108037
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910633915203321
Lo trovi qui: Univ. Federico II
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Serie: International Law and Economics, . 2364-186X