Economic analysis of contracts
English


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About The Book

This book explores the profound links between contract law and economic analysis through a comparative study of the Iranian American and European legal systems. Drawing on the theoretical framework of Law & Economics the author demonstrates how economic concepts - efficiency transaction costs and asymmetric information - influence the formation interpretation and enforcement of contracts.Part I sets out the theoretical foundations of the economic analysis of contracts drawing on the work of Coase Posner and Williamson.
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