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Item Details
Title:
CAN BLOCKCHAIN SOLVE THE HOLD-UP PROBLEM IN CONTRACTS?
By:
Richard Holden
Format:
Paperback / softback
List price:
£15.00
Our price:
£13.50
Discount:
10
% off
You save:
£1.50
ISBN 10:
1009001396
ISBN 13:
9781009001397
Availability:
Usually dispatched within 3-5 days.
Delivery rates
Stock:
Currently
3
available
Publisher:
CAMBRIDGE UNIVERSITY PRESS
Pub. date:
31 October, 2021
Edition:
New ed
Series:
Elements in Law, Economics and Politics
Pages:
75
Description:
Conventional contract technologies to ensure commitment-liquidated damages-are disfavored by courts and themselves subject to renegotiation. Smart contracts written on blockchain ledgers offer a solution. We explain the basic economics and legal relevance of these technologies, and we argue that they can implement liquidated damages without courts.
Illustrations:
Worked examples or Exercises
Returns:
Returnable
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