Readings in the Economics of Contract Law

Hardcover (Print)
Used and New from Other Sellers
Used and New from Other Sellers
from $15.69
Usually ships in 1-2 business days
(Save 79%)
Other sellers (Hardcover)
  • All (6) from $15.69   
  • New (1) from $76.04   
  • Used (5) from $15.69   
Sort by
Page 1 of 1
Showing All
Note: Marketplace items are not eligible for any coupons and promotions
Seller since 2008

Feedback rating:



New — never opened or used in original packaging.

Like New — packaging may have been opened. A "Like New" item is suitable to give as a gift.

Very Good — may have minor signs of wear on packaging but item works perfectly and has no damage.

Good — item is in good condition but packaging may have signs of shelf wear/aging or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Acceptable — item is in working order but may show signs of wear such as scratches or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Used — An item that has been opened and may show signs of wear. All specific defects should be noted in the Comments section associated with each item.

Refurbished — A used item that has been renewed or updated and verified to be in proper working condition. Not necessarily completed by the original manufacturer.


Ships from: Chicago, IL

Usually ships in 1-2 business days

  • Standard, 48 States
  • Standard (AK, HI)
Page 1 of 1
Showing All
Sort by


The recurring theme in this study, that of contracting parties wanting to assign the responsibility for adjusting contingencies to the party best able to control costs, is addressed to replicate how adjustment problems might best be solved.
Read More Show Less

Product Details

  • ISBN-13: 9780521341202
  • Publisher: Cambridge University Press
  • Publication date: 2/24/1989
  • Pages: 272
  • Product dimensions: 5.98 (w) x 8.98 (h) x 0.71 (d)

Table of Contents

Part 1. Some Preliminaries: 1. Non-contractual relations in business: a preliminary study Stewart Macaulay; 2. Relational exchange: economics and complex contracts Victor P. Goldberg; 3. Production functions, transactions costs, and the new institutionalism Victor P. Goldberg; 4. The market for 'lemons': quality uncertainty and the market mechanism George A. Akerlof; 5. A treatise on the law of marine insurance and general average, volume 1 Theophilus Parsons; 6. The economics of moral hazard: comment Mark V. Pauly; 7. The economics of moral hazard: further comment Kenneth J. Arrow; 8. Efficient rent seeking Gordon Tullock; Questions and notes on rent seeking; Part II. Contract Law and the Least Cost Avoider: 9. Unity in tort, contract, and property: the model of precaution Robert Cooter; 10. The mitigation principle: toward a general theory of contractual obligation (1) Charles J. Goetz and Robert E. Scott; 11. Relational exchange, contract law and the Boomer problem (1) Victor P. Goldberg; Questions and notes on the least cost avoider; Part III. The Expectation Interest, the Reliance Interest and Consequential Damages: A. Property in Price; 12. The reliance interest in contract damages Lon Fuller and William Perdue; 13. Note on price information and enforcement of the expectation interest Victor P. Goldberg; Questions and notes on protecting the property interest in the price; B. Reliance and Consequential Damages; 14. The contract-tort boundary and the economics of insurance William Bishop; 15. Notes on the reliance interest Robert Birmingham; Questions and notes on fault, consequential damages and reliance; Part IV. The Lost-Volume Seller Puzzle: 16. An economic analysis of the lost-volume retail seller Victor P. Goldberg; Questions and notes on the seller's lost profits; Part V. Specific Performance and the Cost of Completion: 17. The choice of remedy for breach of contract William Bishop; 18. Relational exchange, contract law and the Boomer problem Victor P. Goldberg; 19. Cost of completion or diminution in market value: the relevance of subjective value Timothy J. Muris; Questions and notes on specific performance and cost of completion; Part VI. Power, Governance and the Penalty Clause Puzzle: 20. Transaction cost determinants of 'unfair' contractual arrangements Benjamin Klein; 21. A relational exchange perspective on the employment relationship Victor P. Goldberg; 22. Liquidated damages versus penalties: sense or nonsense? Kenneth W. Clarkson, Rober Leroy Miller and Timothy J. Muris; 23. Further thoughts on penalty clauses Victor P. Goldberg; Questions and notes on power and penalty clauses; Part VII. Standard Forms and Warranties: 24. Institutional change and the quasi-invisible hand Victor P. Goldberg; 25. A theory of the consumer product warranty George L. Priest; Questions and notes on warranties; Part VIII. Duress, Preexisting Duty and Good Faith Modification: 26. Duress by economic pressure John Dalzell; 27. Gratuitous promises in economics and law Richard A. Posner; 28. The mitigation principle: toward a general theory of contractual obligation Charles J. Goetz and Robert E. Scott; 29. The law of contract modifications: the uncertain quest for a benchmark of enforceability Varouj A. Aivazian, Michael J. Trebilcock and Michael Penny; Questions and notes on duress; Part IX. Impossibility, Related Doctrines and Price Adjustment: 30. Impossibility and related doctrines in contract law: an economic analysis Richard A. Posner and Andrew M. Rosenfield; 31. Impossibility and related excuses Victor P. Goldberg; 32. Price adjustment in long-term contracts Victor P. Goldberg; Questions and notes on impossibility and price adjustment; References; Indexes.

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star


4 Star


3 Star


2 Star


1 Star


Your Rating:

Your Name: Create a Pen Name or

Barnes & Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation


  • - By submitting a review, you grant to Barnes & and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Terms of Use.
  • - Barnes & reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)