This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

An Economic Analysis of Buyer's Breach: A Comment

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Samuel A, Jr Rea

Additional information is available for the following registered author(s):

Abstract

This paper examines legal remedies for breach of a contract to buy from a monopolistic seller. Rational parties will prefer lost profits damages for buyer breach. The lost profits can be measured as the contract price minus the costs not yet incurred minus the seller's value of the unsold goods at the time of breach. If the buyer prefers to resell the goods in the market despite the resale cost, the monopolistic seller will prefer to breach and pay lost profits damages. The law tends to provide the remedies that would be included in efficient contracts.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://links.jstor.org/sici?sici=0008-4085%28198911%2922%3A4%3C904%3AAEAOBB%3E2.0.CO%3B2-R
File Format: text/html
File Function:
Download Restriction: only available to JSTOR subscribers

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Article provided by Canadian Economics Association in its journal Canadian Journal of Economics.

Volume (Year): 22 (1989)
Issue (Month): 4 (November)
Pages: 904-09
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:cje:issued:v:22:y:1989:i:4:p:904-09

Contact details of provider:
Postal: Canadian Economics Association Prof. Steven Ambler, Secretary-Treasurer c/o Olivier Lebert, CEA/CJE/CPP Office C.P. 35006, 1221 Fleury Est Montréal, Québec, Canada H2C 3K4
Email:
Web page: http://economics.ca/cje/
More information through EDIRC

Order Information:
Email:
Web: http://economics.ca/en/membership.php

For technical questions regarding this item, or to correct its listing, contact: (Prof. Werner Antweiler).

Related research
Keywords:

Statistics
Access and download statistics

Did you know? Over 1000 institutions contribute their bibliographic data directly to this service.

This page was last updated on 2009-12-21.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.