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Reconsidering Contractual Liability and the Incentive to Reveal Information

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NBER1999-05-01 更新2025-01-04 收录
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In an earlier work, we analyzed how the legal rules governing contractual liability affect the transfer of information between the parties to the contract. In particular, we showed how limitations on contractual liability might lead high valuation buyers to reveal their valuation of performance, and

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1999-05-01
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