Name: Dynamic Contract Breach
Price: 27.15 EUR
Availability: InStock
Author: Zhang, Fan ; U. S. Department of Justice Antitrust Di
ISBN: 9781289060985

Select your country

Americas

Europe

Rest of the world

Type

Physical Book

Author

Fan Zhang

U. S. Department of Justice Antitrust Di

Publisher

Bibliogov

Language

English

Pages

Format

Paperback

Dimensions

24.6 x 18.9 x 0.2 cm

Weight

0.08 kg.

ISBN13

9781289060985

Synopsis "Dynamic Contract Breach"

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 the time for performance approaches. If the seller makes investments over time to improve her value from trade, she will protect the value of her investments by demanding a higher compensation when the buyer breaches their contract at a time closer to when contract performance is due.

Customers reviews

Have you read this book? Login to add your review.

More customer reviews

0% (0)
0% (0)
0% (0)
0% (0)
0% (0)

Questions and Answers about the Book

Do you have a question about the book? Login to be able to add your own question.

Opinions about Bookdelivery

More customer reviews

Dynamic Contract Breach - Zhang, Fan ; U. S. Department of Justice Antitrust Di

Synopsis "Dynamic Contract Breach"

Customers reviews

Frequently Asked Questions about the Book

Is the book original?

In what language is the book written?

What is the format of this book?

Questions and Answers about the Book

Opinions about Bookdelivery