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dc.contributor.authorKornhauser, Lewis A.en_US
dc.contributor.authorMacLeod, W. Bentleyen_US
dc.description.abstractContract law and the economics of contract have, for the most part, developed independently of each other. In this essay, we briefly review the notion of a contract from the perspective of lawyer, and then use this framework to organize the economics literature on contract. The title, Contracts between Legal Persons, limits the review to that part of contract law that is generic to any legal person. A legal person is any individual, firm or government agency with the right to enter into binding agreements. Our goal is to discuss the role of the law in enforcing these agreements under the hypothesis that the legal persons have well defined goals and objectives.en_US
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen_US
dc.relation.ispartofseries|aDiscussion paper series // Forschungsinstitut zur Zukunft der Arbeit |x5352en_US
dc.subject.keywordcontract lawen_US
dc.subject.keywordlaw and economicsen_US
dc.subject.keywordcontract breachen_US
dc.subject.keywordcontract theoryen_US
dc.subject.keywordincomplete contractsen_US
dc.titleContracts between legal personsen_US
dc.typeWorking Paperen_US

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