Description: 1. Normative Underpinnings 1.1. Enforcing Promises P.S. Atiyah, The Rise and Fall of Freedom of Contract Charles Fried, Contract as Promise 1.2. Selecting Default Rules Richard Craswell, Contract Law, Default Rules, and the Philosophy of Promising Ian Ayres and Robert Gertner, Filling Gaps in Incomplete Contracts 1.3. Distributional Concerns Richard Craswell, Passing On the Costs of Legal Rules 2. Remedies for Breach 2.1 Expectation Damages. Robert Cooter and Thomas Ulen, Law and Economics Daniel Friedmann, The Efficient Breach Fallacy Richard Craswell, Contract Remedies, Renegotiation, and the Theory of Efficient Breach 2.2. Limits on the Expectation Measure 2.2.1. Mitigation and Reliance by the Promisee Charles J. Goetz and Robert E. Scott, The Mitigation Principle Robert Cooter, Unity in Tort, Contract, and Property 2.2.2. Consequential Damages Richard A. Epstein, Beyond Foreseeability: Consequential Damages in the Law of Contract Gywn D. Quillen, Contract Damages and Cross-Subsidization Lucian Ayre Bebchuk and Steven Shavell, Information and the Scope of Liability for Breach of Contract 2.2.3. Subjective Losses Timothy J. Muris, Cost of Completion or Diminution in Market Value Alan Schwartz, Proposals for Products Liability Reform 2.3. Alternatives to Expectation Damages 2.3.1. Specific Performance Alan Schwartz, The Case for Specific Performance 2.3.2. Liquidated Damages Charles J. Goetz and Robert E. Scott, Liquidated Damages, Penalties and the Just Compensation Principle Samuel A. Rea, Jr., Efficiency Implications of Penalties and Liquidated Damages 2.3.3. Rescission and Restitution Charles J. Goetz and Robert E. Scott, The Mitigation Principle Eric G. Anderson, Good Faith in the Enforcement of Contracts 2.3.4. Punitive Damages Bruce Chapman and Michael Trebilcock, Punitive Damages: Divergence in Search of a Rationale 3. Defining the Performance Obligation 3.1. Implied Excuses 3.1.1. Impracticability, Frustration and Mistake Richard A. Posner and Andrew M. Rosenfield, Impossibility and Related Doctrines in Contract Law Charles Fried, Contract as Promise Andrew Kull, Mistake, Frustration, and the Windfall Principle of Contract Remedies Alan Schwartz, Relational Contracts in the Courts 3.1.2. Nondisclosure and Unilateral Mistake Anthony T. Kronman, Mistake, Disclosure, Information, and the Law of Contracts Kim Lane Scheppele, Legal Secrets 3.2. Implied Warranties George L. Priest, A Theory of the Consumer Product Warranty 3.3. Relational Contracts 3.3.1. Marketing and Supply Contracts Charles J. Goetz and Robert E. Scott Principles of Relational Contracts Alan Schwartz, Relational Contracts in the Courts Ian Macneil, Economic Analysis of Contractual Relations 3.3.2. Termination Decisions Benjamin Klein, Transaction Cost Determinants of "Unfair" Contractual Arrangements Gillian Hadfield, Problematic Relations: Franchising and the Law of Incomplete Contracts 3.4. Modification by the Parties Varouj A. Aivazian, Michael Trebilcock and Michael Penny, The Law of Contract Modification 4. Contract Formation 4.1. Bases for Enforcement 4.1.1. Consideration Melvin Aron Eisenberg, The Principles of Consideration 4.1.2. Reliance Jay M. Feinman, Promissory Estoppel and Judicial Method

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