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Selected Works

Aaron Edlin

Selected Works

2003

Public Finance/Public Economies

Articles 1 - 1 of 1

Full-Text Articles in Law

Optimal Penalties In Contracts, Aaron S. Edlin, Alan Schwartz Apr 2003

Optimal Penalties In Contracts, Aaron S. Edlin, Alan Schwartz

Aaron Edlin

Reviews the literature on breach of contract and contract penalties and presents in a coherent framework. Critiques the grounds on which courts validate liquidated damage provisions or invalidate penalties.