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On the Design of Contracts and Remedies for Breach

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NBER1981-08-01 更新2025-01-04 收录
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The implications of uncertainty for the design of contracts and of remedies for their breach are studied. After characterizing complete contingent contracts, incomplete contracts are examined. Specifically, in view of difficulties in making contingent provisions (costs of enumeration and of

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1981-08-01
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