Analytical Methods - Folge 10: Law and Economics II

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LMU Analytical Methods for Lawyers - Lehrstuhl für Bürgerliches Recht, Deutsches, Europ. und Int. Unternehmensrecht

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Vorlesung Methodenlehre, Law and Economics II - Information productivity; Information duties; Complete contracts; Incomplete contracts; Contractual risk allocation; Risk allocation schedule; Utility function of a risk-averse individual; Contractual risk allocation; Risk allocation and legal practice; Sanctions for breach of contract; Efficient breach of contract; Specific performance and efficiency; Restitution damages and efficiency; Reliance damages and efficiency; Expectation damages and efficiency; Sanctions for breach of contract; Contract renegotiation.