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Equity, Efficiency, and Ethics in Remedies for Breach of Contract

- Theory and Experimental Evidence
Af: Sergio Mittlaender Engelsk Hardback

Equity, Efficiency, and Ethics in Remedies for Breach of Contract

- Theory and Experimental Evidence
Af: Sergio Mittlaender Engelsk Hardback
Tjek vores konkurrenters priser
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.
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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.
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Se mere i:
Produktdetaljer
Sprog: Engelsk
Sider: 228
ISBN-13: 9783031108037
Indbinding: Hardback
Udgave:
ISBN-10: 3031108035
Kategori: Retssystemer: civilret
Udg. Dato: 3 dec 2022
Længde: 0mm
Bredde: 155mm
Højde: 235mm
Forlag: Springer International Publishing AG
Oplagsdato: 3 dec 2022
Forfatter(e): Sergio Mittlaender
Forfatter(e) Sergio Mittlaender

Kategori Retssystemer: civilret

ISBN-13 9783031108037

Sprog Engelsk

Indbinding Hardback

Sider 228

Udgave

Længde 0mm

Bredde 155mm

Højde 235mm

Udg. Dato 3 dec 2022

Oplagsdato 3 dec 2022

Forlag Springer International Publishing AG