{"id":27048,"date":"2017-01-09T13:45:23","date_gmt":"2017-01-09T13:45:23","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/lawandeconomics\/bibliographies\/4500-unforeseen-contingencies--risk-allocation-incl-symmetric-information-imperfections.html"},"modified":"2017-01-09T13:45:23","modified_gmt":"2017-01-09T13:45:23","slug":"4500-unforeseen-contingencies--risk-allocation-incl-symmetric-information-imperfections","status":"publish","type":"law_economics","link":"https:\/\/reference.findlaw.com\/lawandeconomics\/bibliographies\/4500-unforeseen-contingencies--risk-allocation-incl-symmetric-information-imperfections.html","title":{"rendered":"Encyclopedia of Law &#038; Economics \u2013 4500 Unforeseen Contingencies &#8211; Risk Allocation (incl. symmetric information imperfections)"},"content":{"rendered":"<div>\n<ul class=\"links\">\n<li>Adams, Michael (1986), &#8216;Der Irrtum \u009fber &#8220;k\u009fnftige Sachverhalte&#8221; &#8211; Anwendungsbeispiel und Einf\u009frhung in die \u009akonomische Analyse des Rechts&#8217;, <em>RECHT, Zeitschrift f\u009fr juristische Ausbildung und Praxis <\/em>, 14-23. <\/li>\n<li>Adams, Michael (1986), &#8216;Zur Behandlung von Irrt\u009fmern und Offenbarungspflichten im Vertragsrecht (On Mistake and Information Revelation Duties in Contract Law)&#8217;, <b>186 <\/b> <em>Archiv f\u009fr die civilistische Praxis <\/em>, 453-489. <\/li>\n<li>Aivazian, Varouj A., Trebilcock, Michael J. and Penny, Michael (1984), &#8216;The Law of Contract Modifications: The Uncertain Quest for a Benchmark of Enforceability&#8217;, <b>22 <\/b> <em>Osgoode Hall Law Journal <\/em>, 173-212. Reprinted in Goldberg, Victor P. (ed.), Readings in the Economics of Contract Law, Cambridge, Cambridge University Press, 1989, 207. <\/li>\n<li>Ashley, Stephen S. (1975), &#8216;The Economic Implications of the Doctrine of Impossibility&#8217;, <b>26 <\/b> <em>Hastings Law Journal <\/em>, 1251-1276. <\/li>\n<li>Barnes, David W. and Stout, Lynn A. (1992), <em>Economics of Contract Law <\/em>, Minneapolis, West Publishing. <\/li>\n<li>Bellantuono, Giuseppe (1995), &#8216;Polizza fideiussoria, reticenza e obblighi di informazione (Performance bond, non-disclosure and duties of information)&#8217;, <em>Il Foro Italiano <\/em>, 1905-1909. <\/li>\n<li>Birmingham, Robert L. (1969), &#8216;A Second Look at Suez Canal Cases: Excuse for Nonperformance of Contractual Obligations in the Light of Economic Theory&#8217;, <b>20 <\/b> <em>Hastings Law Journal <\/em>, 1393-1416. <\/li>\n<li>Brinig, Margaret F. and Alexeev, Michael V. (1995), &#8216;Fraud in Courtship: Annulment and Divorce&#8217;, <b>2 <\/b> <em>European Journal of Law and Economics <\/em>, 45-63. <\/li>\n<li>Bruce, Christopher J. (1982), &#8216;An Economic Analysis of the Impossibility Doctrine&#8217;, <b>11 <\/b> <em>Journal of Legal Studies <\/em>, 311-323. <\/li>\n<li>Centner, Terence J. and Wetzstein, Michael E. (1987), &#8216;Reducing Moral Hazard Associated With Implied Warranties of Animal Health&#8217;, <b>68 <\/b> <em>American Journal of Agricultural Economics <\/em>, 143-150. <\/li>\n<li>Centner, Terence J. and Wetzstein, Michael E. (1988), &#8216;Reducing Moral Hazard Associated With Implied Warranties of Animal Health: Reply&#8217;, <b>70 <\/b> <em>American Journal of Agricultural Economics <\/em>, 413-414. <\/li>\n<li>Chami, Ralph (1996), &#8216;King Lear&#8217;s Dilemma: Precommitment Versus the Last Word&#8217;, <b>52 <\/b> <em>Economics Letters <\/em>, 171-176. <\/li>\n<li>Chami, Ralph and Fischer, Jeffrey (1996), &#8216;Altruism, Matching and Nonmarket Insurance&#8217;, <b>34 <\/b> <em>Economic Inquiry <\/em>, 630-647. <\/li>\n<li>Chisholm, Darlene C. (1993), &#8216;Asset Specificity and Long-Term Contracts: The Case of the Motion-Pictures Industry&#8217;, <b>19 <\/b> <em>Eastern Economic Journal <\/em>, 143-155. <\/li>\n<li>Chisholm, Darlene C. (1996), &#8216;Continuous Degrees of Residual Claimancy: Some Contractual Evidence&#8217;, <b>3 <\/b> <em>Applied Economics Letters <\/em>, 739-741. <\/li>\n<li>Chisholm, Darlene C. (1997), &#8216;Profit-Sharing Versus Fixed-Payment Contracts: Evidence From the Motion Pictures Industry&#8217;, <b>13 <\/b> <em>Journal of Law, Economics, and Organization <\/em>, 169-201. <\/li>\n<li>Frech, H. Edward III and Decanio, Stephen J. (1993), &#8216;Vertical Contracts: A Natural Experiment in Gas Pipeline Regulation&#8217;, <b>149 <\/b> <em>Journal of Institutional and Theoretical Economics <\/em>, 370-392. <\/li>\n<\/ul>\n<\/div>\n<div data-readmore=\"true\">\n<ul class=\"links\">\n<li>Gillette, Clayton P. (1985), &#8216;Commercial Rationality and the Duty to Adjust Long-Term Contracts&#8217;, <b>69 <\/b> <em>Minnesota Law Review <\/em>, 521 ff. <\/li>\n<li>Goldberg, Victor P. (1985), &#8216;Price Adjustment in Long-Term Contracts&#8217;, <em>Wisconsin Law Review <\/em>, 527-543. Reprinted in Speidel, Summers and White, Commercial Law: Teaching Materials, fourth edition, 1987. <\/li>\n<li>Goldberg, Victor P. (1988), &#8216;Impossibility and Related Excuses&#8217;, <b>144 <\/b> <em>Journal of Institutional and Theoretical Economics <\/em>, 100-116. <\/li>\n<li>Hansmann, Henry B. and Kraakman, Reinier H. (1992), &#8216;Hands-Tying Contracts: Book Publishing, Venture Capital Financing, and Secured Debt&#8217;, <em>Journal of Law, Economics, and Organization <\/em>, 628-655. <\/li>\n<li>Hasen, Richard L. (1990), &#8216;Comment, Efficiency Under Informational Asymmetry: The Effect of Framing on Legal Rules&#8217;, <b>38 <\/b> <em>UCLA Law Review <\/em>, 391 ff. <\/li>\n<li>Hurst, Thomas R. (1976), &#8216;Freedom of Contract in an Unstable Economy: Judicial Reallocation of Contractual Risks under UOC&#8217; Section 2-615&#8242;, <b>54 <\/b> <em>North Carolina Law Review <\/em>, 545-583. <\/li>\n<li>Johnsen, D. Bruce, and (1995), &#8216;The Quasi-Rent Structure of Corporate Enterprise: A Transaction Cost Theory&#8217;, <b>44 <\/b> <em>Emory Law Journal <\/em>, 1277 ff. <\/li>\n<li>Johnsen, D. Bruce, Habib, Michel A. and Naik, Narayan Y., &#8216;Spin-offs and Information&#8217;, <em>Journal of Financial Intermediation <\/em>. <\/li>\n<li>Joskow, Paul L. (1977), &#8216;Commercial Impossibility, the Uranium Market and the Westinghouse Case&#8217;, <b>6 <\/b> <em>Journal of Legal Studies <\/em>, 119-176. <\/li>\n<li>Koller, Ingo (1979), <em>Die Risikozurechnung bei Vertragsst\u009arungen in Austauschvertr\u008agen (The Risk Allocation of Contract Disturbances in Bilateral Contracts) <\/em>, M\u009fnchen, C.H. Beck, 474 p. <\/li>\n<li>MacKaay, Ejan and Fabien, Claude (1983), &#8216;Le Droit Civil aux Prises avec l&#8217;Inflation&#8217;, <em>Revue de Droit de McGill <\/em>, 284-334. <\/li>\n<li>MacKaay, Ejan and Fabien, Claude (1984), &#8216;Civil Law ande the Fight against Inflation &#8211; A Legal and Economic Analysis of the Quebec Case&#8217;, <em>Louisiana Law Review <\/em>, 719-754. <\/li>\n<li>Miceli, Thomas J. (1995), &#8216;Contract Modification When Litigating for Damages Is Costly&#8217;, <b>15 <\/b> <em>International Review of Law and Economics <\/em>, 87-99. <\/li>\n<li>Miceli, Thomas J. (1995), &#8216;Renegotiation of Listing Contracts, Seller Opportunism, and Efficiency: an Economic Analysis&#8217;, <b>23 <\/b> <em>Real Estate Economics <\/em>, 369-383. <\/li>\n<li>Pardolesi, Roberto (1996), &#8216;Regole di default e razionalit\u0088 limitata: per un (diverso) approccio di analisi economica al diritto dei contratti (Default rules and bounded rationality: for a (different) economic approach to contract law)&#8217;, <em>Rivista critica del diritto privato <\/em>, 451-466. <\/li>\n<li>Pardolesi, Roberto (1996), &#8216;Regole di default e razionalit.. limitata: per un (diverso) approccio di analisi economica al diritto dei contratti (Default rules and bounded rationality: for a different economic approach to contract law)&#8217;, <em>Rivista critica del diritto privato <\/em>. <\/li>\n<li>Perloff, Jeffrey M. (1981), &#8216;The Effects of Breaches of Forward Contracts Due to Unanticipated Price Changes&#8217;, <b>10 <\/b> <em>Journal of Legal Studies <\/em>, 221-235. <\/li>\n<li>Phillips, Jenny (1978), &#8216;Comments on Posner&#8217;s and Rosenfield&#8217;s Paper&#8217;, in Skogh, G\u009aran (ed.), <em>Law and Economics. Report from a Symposium in Lund <\/em>, Lund, Juridiska F\u009areningen, 95-96. <\/li>\n<li>Polinsky, A. Mitchell (1983), &#8216;Risk Sharing through Breach of Contract Remedies&#8217;, <b>12 <\/b> <em>Journal of Legal Studies <\/em>, 427-444. <\/li>\n<li>Polinsky, A. Mitchell (1987), &#8216;Fixed Price versus Spot Price Contracts: A Study in Risk Allocation&#8217;, <b>3(1) <\/b> <em>Journal of Law, Economics, and Organization <\/em>, 27-46. <\/li>\n<li>Polinsky, Mitchell A. (1987), &#8216;Fixed Price versus Spot Price Contracts: A Study in Risk Allocation&#8217;, <b>3 <\/b> <em>Journal of Law, Economics, and Organization <\/em>, 27-46. <\/li>\n<li>Posner, Richard A. and Rosenfield, Andrew M. (1977), &#8216;Impossibility and Related Doctrines in Contract Law: An Economic Analysis&#8217;, <b>6 <\/b> <em>Journal of Legal Studies <\/em>, 83-118. Reprinted in Skogh, G\u009aran (ed.), Law and Economics. Report from a Symposium in Lund, Sweden, 24-26 August 1977; Lund, Juridiska F\u009areningen, 1978; 57-94. in Goldberg, Victor P. (ed.), Readings in the Economics of Contract Law, Readings in the Economics of Contract Law, 1989, 200-212. <\/li>\n<li>Rasmusen, Eric and Ayres, Ian (1993), &#8216;Mutual and Unilateral Mistake in Contract Law&#8217;, <b>22 <\/b> <em>Journal of Legal Studies <\/em>, 309-343. <\/li>\n<li>Schwartz, Alan (1976), &#8216;Sales Law and Inflations&#8217;, <b>50 <\/b> <em>Southern California Law Review <\/em>, 1 ff. Reprinted in Kronman, Anthony T. and Posner, Richard A. (eds.), The Economics of Contract Law, Boston, Little Brown, 1979, 138-142. <\/li>\n<li>Schwartze, Andreas (1988), &#8216;Die Beseitigung des Wegfalls der Gesch\u008aftsgrundlage: Zur wirtschaftlichen Effizienz und zur juristischen Konsistenz eines \u009akonomischen Modells&#8217; [The Abolition of the Frustration of Contract: On Economic Efficiency and Legal Consistency of an Economic&#8217;, <em>Recht und Risiko <\/em>, 155-170. <\/li>\n<li>Seita, Alex Y. (1984), &#8216;Uncertainty and Contract Law&#8217;, <b>46 <\/b> <em>University of Pittsburgh Law Review <\/em>, 75-148. <\/li>\n<li>Smith, Janet Kiholm (1987), &#8216;Trade Credit and Informational Asymmetry&#8217;, <b>42 <\/b> <em>Journal of Finance <\/em>, 863-872. <\/li>\n<li>Smith, Janet Kiholm and Cox, Steven R. (1985), &#8216;The Pricing of Legal Services: A Contractual Solution to the Problem of Bilateral Opportunism&#8217;, <b>14 <\/b> <em>Journal of Legal Studies <\/em>, 167-183. <\/li>\n<li>Smith, Janet Kiholm and Smith, Richard L. (1985), &#8216;A Theory of Ex Post Versus Ex Ante Price Determination&#8217;, <b>23 <\/b> <em>Economic Inquiry <\/em>, 57-67. <\/li>\n<li>Smith, Janet Kiholm and Smith, Richard L. (1990), &#8216;Contract Law, Mutual Mistake, and Incentives to Produce and Disclose Information&#8217;, <b>19 <\/b> <em>Journal of Legal Studies <\/em>, 467-488. <\/li>\n<li>Speidel, Richard E. (1981), &#8216;Court-Imposed Price Adjustements Under Long-Term Supply Contracts&#8217;, <b>76 <\/b> <em>Northwestern University Law Review <\/em>, 369-422. <\/li>\n<li>Spier, Kathryn E. (1992), &#8216;Incomplete Contracts and Signalling&#8217;, <b>23 (3) <\/b> <em>Rand Journal of Economics <\/em>, 432-443. <\/li>\n<li>Stout, Lynn A. and Barnes, David D. (1992), <em>Economics of Contract Law <\/em>, West Publishing. <\/li>\n<li>Sykes, Alan O. (1990), &#8216;The Doctrine of Commercial Impracticability in a Second-best World&#8217;, <b>19 <\/b> <em>Journal of Legal Studies <\/em>, 43-94. <\/li>\n<li>Triantis, George G. (1992), &#8216;Contractual Allocation of Unknown Risks: A Critique of the Doctrine of Commercial Impracticability&#8217;, <b>42 <\/b> <em>University of Toronto Law Journal <\/em>, 450-483. <\/li>\n<li>Trimarchi, Pietro (1989), &#8216;Der Wegfall der Gesch\u008aftsgrundlage aus allokativer Sicht &#8211; Kommentar (The Frustration of Contract from an Allocative Sig)&#8217;, in Ott, Claus and Sch\u008afer, Hans-Bernd (eds.), <em>Allekationseffizienz in der Rechtsordnung <\/em>, Berlin, Springer, 163-167. <\/li>\n<li>Trimarchi, Pietro (1991), &#8216;Commercial Impracticability in Contract Law: An Economic Analysis&#8217;, <b>11 <\/b> <em>International Review of Law and Economics <\/em>, 63-82. <\/li>\n<li>Vandegrift, Donald (1997), &#8216;Decision Costs, Contract Excuse and the Westinghouse Commercial Impracticability Case&#8217;, <b>4 <\/b> <em>European Journal of Law and Economics <\/em>, 41-54. <\/li>\n<li>Veljanovski, Cento G. (1988), &#8216;Impossibility and Related Excuses: Comment&#8217;, <b>144 <\/b> <em>Journal of Institutional and Theoretical Economics <\/em>, 117-121. <\/li>\n<li>Warren, Elizabeth (1981), &#8216;Trade Usage and Parties in the Trade: An Economic Rationale for an Inflexible Rule&#8217;, <b>42 <\/b> <em>University of Pittsburgh Law Review <\/em>, 515 ff. <\/li>\n<li>White, Michelle J. (1988), &#8216;Contract Breach and Contract Discharge due to Impossibility: A Unified Theory&#8217;, <b>17 <\/b> <em>Journal of Legal Studies <\/em>, 353-376. <\/li>\n<li>Wladis, John D. (1988), &#8216;Impracticability as Risk Allocation: The Effect of Changed Circumstances Upon Contract Obligations for the Sale of Goods&#8217;, <b>22 <\/b> <em>Georgia Law Review <\/em>, 503 ff. <\/li>\n<\/ul>\n<\/div>\n","protected":false},"parent":26944,"menu_order":0,"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":false,"_modified_date":"","_cloudinary_featured_overwrite":false},"class_list":["post-27048","law_economics","type-law_economics","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/law_economics\/27048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/law_economics"}],"about":[{"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/law_economics"}],"up":[{"embeddable":true,"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/law_economics\/26944"}],"wp:attachment":[{"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=27048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}