The effect of time on default remedies for breach of contract
Author
Abstract
Suggested Citation
DOI: 10.1016/j.irle.2012.11.004
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Jennifer F. Reinganum & Louise L. Wilde, 1986. "Settlement, Litigation, and the Allocation of Litigation Costs," RAND Journal of Economics, The RAND Corporation, vol. 17(4), pages 557-566, Winter.
- Diamond, Douglas W, 1991. "Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt," Journal of Political Economy, University of Chicago Press, vol. 99(4), pages 689-721, August.
- Glenn W. Harrison & Morten I. Lau & Melonie B. Williams, 2002.
"Estimating Individual Discount Rates in Denmark: A Field Experiment,"
American Economic Review, American Economic Association, vol. 92(5), pages 1606-1617, December.
- Glenn W. Harrison & Morten I. Lau & Melonie B. Williams, 2001. "Estimating Individual Discount Rates in Denmark: A Field Experiment," NCEE Working Paper Series 200102, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Nov 2001.
- Glenn Harrison & Morten Lau & Elisabet Rutstrom & Melonie Williams, 2002. "Estimating individual discount rates in denmark: A field experiment," Artefactual Field Experiments 00062, The Field Experiments Website.
- Alan Schwartz & Robert Scott, "undated". "Contract Theory and the Limits of Contract Law," Yale Law School John M. Olin Center for Studies in Law, Economics, and Public Policy Working Paper Series yale_lepp-1011, Yale Law School John M. Olin Center for Studies in Law, Economics, and Public Policy.
- Petersen, Mitchell A & Rajan, Raghuram G, 1994. "The Benefits of Lending Relationships: Evidence from Small Business Data," Journal of Finance, American Finance Association, vol. 49(1), pages 3-37, March.
- A. Mitchell Polinsky, 1980. "Resolving Nuisance Disputes: The Simple Economics of Injunctive and Damage Remedies," NBER Working Papers 0463, National Bureau of Economic Research, Inc.
- 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.
- Steffen Andersen & Glenn W. Harrison & Morten I. Lau & E. Elisabet Rutström, 2008. "Eliciting Risk and Time Preferences," Econometrica, Econometric Society, vol. 76(3), pages 583-618, May.
- Paul Mizen, 2008. "The credit crunch of 2007-2008: a discussion of the background, market reactions, and policy responses," Review, Federal Reserve Bank of St. Louis, vol. 90(Sep), pages 531-568.
- Kornhauser, Lewis A, 1983. "Reliance, Reputation, and Breach of Contract," Journal of Law and Economics, University of Chicago Press, vol. 26(3), pages 691-706, October.
- Saul Pleeter & John T. Warner, 2001. "The Personal Discount Rate: Evidence from Military Downsizing Programs," American Economic Review, American Economic Association, vol. 91(1), pages 33-53, March.
- Lucian Arye Bebchuk, 1984. "Litigation and Settlement under Imperfect Information," RAND Journal of Economics, The RAND Corporation, vol. 15(3), pages 404-415, Autumn.
- Steven Shavell, 1980. "Damage Measures for Breach of Contract," Bell Journal of Economics, The RAND Corporation, vol. 11(2), pages 466-490, Autumn.
- Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
- Glenn Harrison & Morten Lau & Elisabet Rutstrom & Melonie Williams, 2006. "Eliciting risk and time preferences using field experiments: Some methodological issues," Artefactual Field Experiments 00063, The Field Experiments Website.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Jacobi Osnat & Sher Noam, 2015. "A Commitment Mechanism to Eliminate Willful Contract Litigation," Review of Law & Economics, De Gruyter, vol. 11(2), pages 231-266, July.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Castillo, Marco & Ferraro, Paul J. & Jordan, Jeffrey L. & Petrie, Ragan, 2011. "The today and tomorrow of kids: Time preferences and educational outcomes of children," Journal of Public Economics, Elsevier, vol. 95(11), pages 1377-1385.
- Andersen, Steffen & Harrison, Glenn W. & Lau, Morten I. & Rutström, E. Elisabet, 2014.
"Discounting behavior: A reconsideration,"
European Economic Review, Elsevier, vol. 71(C), pages 15-33.
- Steffen Andersen & Glenn W. Harrison & Morten Lau & Elisabet E. Rutstroem, 2011. "Discounting Behavior: A Reconsideration," Department of Economics Working Papers 2011_01, Durham University, Department of Economics.
- Marieka M. Klawitter & C. Leigh Anderson & Mary Kay Gugerty, 2013. "Savings And Personal Discount Rates In A Matched Savings Program For Low-Income Families," Contemporary Economic Policy, Western Economic Association International, vol. 31(3), pages 468-485, July.
- Ginés Hernández-Cánovas & Pedro Martínez-Solano, 2007. "Effect of the Number of Banking Relationships on Credit Availability: Evidence from Panel Data of Spanish Small Firms," Small Business Economics, Springer, vol. 28(1), pages 37-53, January.
- William M. Gentry & R. Glenn Hubbard, 2000. "Entrepreneurship and Household Saving," NBER Working Papers 7894, National Bureau of Economic Research, Inc.
- Meier, Stephan & Sprenger, Charles D., 2013.
"Discounting financial literacy: Time preferences and participation in financial education programs,"
Journal of Economic Behavior & Organization, Elsevier, vol. 95(C), pages 159-174.
- Meier, Stephan & Sprenger, Charles, 2008. "Discounting Financial Literacy: Time Preferences and Participation in Financial Education Programs," IZA Discussion Papers 3507, Institute of Labor Economics (IZA).
- Fan Liu, 2018. "Why Buy Accident Forgiveness Policies? An Experiment," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 10(8), pages 1-1, August.
- Olivier Accominotti & Delio Lucena‐Piquero & Stefano Ugolini, 2021.
"The origination and distribution of money market instruments: sterling bills of exchange during the first globalization,"
Economic History Review, Economic History Society, vol. 74(4), pages 892-921, November.
- Accominotti, Olivier & Lucena, Delio & Ugolini, Stefano, 2019. "The Origination and Distribution of Money Market Instruments: Sterling Bills of Exchange during the First Globalisation," CEPR Discussion Papers 14058, C.E.P.R. Discussion Papers.
- Olivier Accominotti & Delio Lucena-Piquero & Stefano Ugolini, 2021. "The Origination and Distribution of Money Market Instruments: Sterling Bills of Exchange during the First Globalization," Post-Print hal-03155017, HAL.
- Accominotti, Olivier & Lucena-Piquero, Delio & Ugolini, Stefano, 2021. "The origination and distribution of money market instruments: sterling bills of exchange during the first globalization," LSE Research Online Documents on Economics 107104, London School of Economics and Political Science, LSE Library.
- Olivier Accominotti & Delio Lucena-Piquero & Stefano Ugolini, 2021. "The Origination and Distribution of Money Market Instruments: Sterling Bills of Exchange during the First Globalization," Papers 2103.01558, arXiv.org.
- Joseph J. French & Juxin Yan & Yukihiro Yasuda, 2019.
"Relationships Matter: the Impact of Bank-Firm Relationships on Mergers and Acquisitions in Japan,"
Journal of Financial Services Research, Springer;Western Finance Association, vol. 56(3), pages 259-305, December.
- FRENCH, Joseph & YAN, Juxin & YASUDA, Yukihiro & 安田, 行宏, 2016. "Relationships matter: The impact of bank-firm relationships on mergers and acquisitions in Japan," Working Paper Series G-1-15, Hitotsubashi University Center for Financial Research.
- James Andreoni & Michael Callen & Karrar Hussain & Muhammad Yasir Khan & Charles Sprenger, 2023.
"Using Preference Estimates to Customize Incentives: An Application to Polio Vaccination Drives in Pakistan,"
Journal of the European Economic Association, European Economic Association, vol. 21(4), pages 1428-1477.
- Sprenger, Charles & Andreoni, James & Chaudhry, Zain & Khan, Muhammad Yasir, 2016. "Using Preference Estimates to Customize Incentives: An Application to Polio Vaccination Drives in Pakistan," CEPR Discussion Papers 11137, C.E.P.R. Discussion Papers.
- James Andreoni & Michael Callen & Karrar Hussain & Muhammad Khan & Charles Sprenger, 2016. "Using Preference Estimates to Customize Incentives: An Application to Polio Vaccination Drives in Pakistan," Natural Field Experiments 00570, The Field Experiments Website.
- James Andreoni & Michael Callen & Muhammad Yasir Khan & Karrar Jaffar & Charles Sprenger, 2016. "Using Preference Estimates to Customize Incentives: An Application to Polio Vaccination Drives in Pakistan," NBER Working Papers 22019, National Bureau of Economic Research, Inc.
- Andreoni, James & Callen, Mike & Hussain, Karrar & Khan, Muhammad Yasir & Sprenger, Charles, 2022. "Using preference estimates to customize incentives: an application to Polio vaccination drives in Pakistan," LSE Research Online Documents on Economics 117302, London School of Economics and Political Science, LSE Library.
- ElBannan, Mona A., 2017. "Stock market liquidity, family ownership, and capital structure choices in an emerging country," Emerging Markets Review, Elsevier, vol. 33(C), pages 201-231.
- Michael Pfaffermayr & Matthias Stöckl & Hannes Winner, 2013.
"Capital Structure, Corporate Taxation and Firm Age,"
Fiscal Studies, Institute for Fiscal Studies, vol. 34(1), pages 109-135, March.
- Michael Pfaffermayr & Matthias Stöckl & Hannes Winner, "undated". "Capital Structure, Corporate Taxation and Firm Age," Working Papers 2008-09, Faculty of Economics and Statistics, Universität Innsbruck.
- Michael Pfaffermayr & Matthias Stöckl & Hannes Winner, 2012. "Capital Structure, Corporate Taxation and Firm Age," WIFO Working Papers 424, WIFO.
- Michael Pfaffermayr & Matthias Stöckl & Hannes Winner, 2008. "Capital Structure, Corporate Taxation and Firm Age," Working Papers 0829, Oxford University Centre for Business Taxation.
- Pfaffermayr, Michael & Stoeckl, Matthias & Winner, Hannes, 2009. "Capital structure, corporate taxation and firm age," Working Papers in Economics 2009-4, University of Salzburg.
- Gabriel Jiménez & Steven Ongena & José-Luis Peydró & Jesús Saurina, 2017. "“In the Short Run Blasé, In the Long Run Risqué”," Schmalenbach Business Review, Springer;Schmalenbach-Gesellschaft, vol. 18(3), pages 181-226, August.
- Demoussis, Michael & Drakos, Konstantinos & Giannakopoulos, Nicholas, 2016. "The Impact of Sovereign Ratings on Eurozone SMEs Credit Rationing," MPRA Paper 76364, University Library of Munich, Germany.
- Jiménez, Gabriel & Ongena, Steven & Peydró, José-Luis & Saurina, Jesús, 2017.
"‘In the Short Run Blasé, in the Long Run Risqué’. On the Effects of Monetary Policy on Bank Credit Risk-Taking in the Short versus Long Run,"
EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 181-226.
- Gabriel Jimenez & Stevem Ongena & José-Luis Peydró & Jesús Saurina, 2017. "“In the short run blasé, In the long run risqué” On the effects of monetary policy on bank credit risk-taking in the short versus long run," Economics Working Papers 1699, Department of Economics and Business, Universitat Pompeu Fabra.
- Massimiliano Affinito & Fabio Farabullini, 2009. "Does the Law of One Price Hold in Euro-Area Retail Banking? An Empirical Analysis of Interest Rate Differentials across the Monetary Union," International Journal of Central Banking, International Journal of Central Banking, vol. 5(1), pages 5-37, March.
- Lahav, Eyal & Shavit, Tal & Benzion, Uri, 2016. "Can't wait to celebrate: Holiday euphoria, impulsive behavior and time preference," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 65(C), pages 128-134.
- Richards, Timothy J. & Hamilton, Stephen F., 2012.
"Obesity and Hyperbolic Discounting: An Experimental Analysis,"
Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 37(2), pages 1-18, August.
- Richards, Timothy J. & Hamilton, Stephen F. & Pofahl, Geoffrey M., 2010. "Obesity and Hyperbolic Discounting: An Experimental Analysis," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61186, Agricultural and Applied Economics Association.
- Richards, Timothy J. & Hamilton, Stephen F. & Pofahl, Geoffrey M., 2010. "Obesity And Hyperbolic Discounting: An Experimental Analysis," 115th Joint EAAE/AAEA Seminar, September 15-17, 2010, Freising-Weihenstephan, Germany 116410, European Association of Agricultural Economists.
- Enzo Dia, 2004. "Imperfect Information and Monopolistic Pricing in the Banking Industry," Working Papers 74, University of Milano-Bicocca, Department of Economics, revised May 2004.
- DeYoung, Robert & Frame, W. Scott & Glennon, Dennis & McMillen, Daniel P. & Nigro, Peter, 2008.
"Commercial lending distance and historically underserved areas,"
Journal of Economics and Business, Elsevier, vol. 60(1-2), pages 149-164.
- Robert DeYoung & W. Scott Frame & Dennis C. Glennon & Daniel P. McMillen & Peter Nigro, 2007. "Commercial lending distance and historically underserved areas," FRB Atlanta Working Paper 2007-11, Federal Reserve Bank of Atlanta.
More about this item
Keywords
Contract law; Breach of contract; Default remedies; Expectation damages; Specific performance; Punitive damages; Renegotiation costs; Discount factor; Prejudgment interest;All these keywords.
JEL classification:
- K12 - Law and Economics - - Basic Areas of Law - - - Contract Law
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:irlaec:v:35:y:2013:i:c:p:13-25. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/irle .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.