Abstract

http://ssrn.com/abstract=192488
 
 

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Damage Measures for Inadvertant Breach of Contract


Ivan P. L. Png


National University of Singapore

Lucian A. Bebchuk


Harvard Law School; National Bureau of Economic Research (NBER); Centre for Economic Policy Research (CEPR) and European Corporate Governance Institute (ECGI)


International Review of Law and Economics, Vol. 19, 1999

Abstract:     
We analyze situations of inadvertant rather than deliberate breach and consider the role of alternative damages remedies. Expectation damages induce excessive reliance, while reliance damages induce excessive reliance and under-efficient precaution. Overall, expectation damages are Pareto-superior to reliance damages.

Note: This is a description of the paper, and is not the actual abstract.

Accepted Paper Series


Not Available For Download

Date posted: March 29, 2000  

Suggested Citation

Png, Ivan P. L. and Bebchuk, Lucian A., Damage Measures for Inadvertant Breach of Contract. International Review of Law and Economics, Vol. 19, 1999. Available at SSRN: http://ssrn.com/abstract=192488

Contact Information

Ivan P. L. Png (Contact Author)
National University of Singapore ( email )
Singapore, 117543
Singapore
+65 6516-6807 (Phone)
HOME PAGE: http://www.comp.nus.edu.sg/~ipng/
Lucian A. Bebchuk
Harvard Law School ( email )
Cambridge, MA 02138
United States
617-495-3138 (Phone)
617-496-3119 (Fax)
HOME PAGE: http://www.law.harvard.edu/faculty/bebchuk/
National Bureau of Economic Research (NBER) ( email )
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
Centre for Economic Policy Research (CEPR) and European Corporate Governance Institute (ECGI)
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