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Risk Sharing through Breach of Contract Remedies

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NBER1981-07-01 更新2025-01-04 收录
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This paper examines the sharing of risk under three different remedies for breach of contract. The risk considered arises from the possibility that, after a seller and buyer have entered into an agreement for the exchange of some (not generally available) good, a third party who values the good more

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1981-07-01
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