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Contract modification when litigating for damages is costly

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  • Miceli, Thomas J.

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  • Miceli, Thomas J., 1995. "Contract modification when litigating for damages is costly," International Review of Law and Economics, Elsevier, vol. 15(1), pages 87-99, January.
    • Handle: RePEc:eee:irlaec:v:15:y:1995:i:1:p:87-99
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    References listed on IDEAS

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    1. Hart, Oliver D & Moore, John, 1988. "Incomplete Contracts and Renegotiation," Econometrica, Econometric Society, vol. 56(4), pages 755-785, July.
    2. William P. Rogerson, 1984. "Efficient Reliance and Damage Measures for Breach of Contract," RAND Journal of Economics, The RAND Corporation, vol. 15(1), pages 39-53, Spring.
    3. Steven Shavell, 1984. "The Design of Contracts and Remedies for Breach," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 99(1), pages 121-148.
    4. Friedmann, Daniel, 1989. "The Efficient Breach Fallacy," The Journal of Legal Studies, University of Chicago Press, vol. 18(1), pages 1-24, January.
    5. William M. Landes, 1974. "An Economic Analysis of the Courts," NBER Chapters, in: Essays in the Economics of Crime and Punishment, pages 164-214, National Bureau of Economic Research, Inc.
    6. Steven Shavell, 1980. "Damage Measures for Breach of Contract," Bell Journal of Economics, The RAND Corporation, vol. 11(2), pages 466-490, Autumn.
    7. Schwartz, Alan, 1992. "Relational Contracts in the Courts: An Analysis of Incomplete Agreements and Judicial Strategies," The Journal of Legal Studies, University of Chicago Press, vol. 21(2), pages 271-318, June.
    8. Sykes, Alan O, 1990. "The Doctrine of Commercial Impracticability in a Second-Best World," The Journal of Legal Studies, University of Chicago Press, vol. 19(1), pages 43-94, January.
    9. Ed Nosal, 1992. "Renegotiating Incomplete Contracts," RAND Journal of Economics, The RAND Corporation, vol. 23(1), pages 20-28, Spring.
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    Cited by:

    1. Hylton, Keith N., 2023. "Mutual optimism and risk preferences in litigation," International Review of Law and Economics, Elsevier, vol. 75(C).
    2. Miceli, Thomas J., 2002. ""Over a barrel": contract modification, reliance, and bankruptcy," International Review of Law and Economics, Elsevier, vol. 22(1), pages 41-51, July.

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