2010 Fiscal Year Final Research Report
Studies of Bilateral Breach Remedy by Incomplete Contract Theory
| Project/Area Number |
20730006
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| Research Category |
Grant-in-Aid for Young Scientists (B)
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| Allocation Type | Single-year Grants |
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| Research Field |
Fundamental law
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| Research Institution | Kyushu University |
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Principal Investigator |
SATO Shigeharu Kyushu University, 現代社会学部・経済政策学科, 准教授 (00432849)
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| Project Period (FY) |
2008 – 2010
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| Keywords | (H)法と経済 |
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| Research Abstract |
This study shows that the different outcome is derived by the extended cooperate investment model, which includes bilateral investment. Furthermore, it is shown that the strict expectation damage rule, which is possible to force negative compensation, achieves the first-best outcome.
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