{"product_id":"dynamic-contract-breach-u-s-department-of-justice-antitrust-di-9781289060985","title":"Dynamic Contract Breach","description":"This paper studies the design of optimal, privately-stipulated damages when breach of contract is possible at more than one point in time. It offers an intuitive explanation for why cancellation fees for some services (e.g., hotel reservations) increase as the time for performance approaches. If the seller makes investments over time to improve her value from trade, she will protect the value of her investments by demanding a higher compensation when the buyer breaches their contract at a time closer to when contract performance is due.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e U. S. Department of Justice Antitrust Di,Fan Zhang\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1289060983\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781289060985\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Bibliogov\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 06\/27\/2013\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 32\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.17lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.69h x 7.44w x 0.07d","brand":"U. S. Department of Justice Antitrust Di","offers":[{"title":"Paperback","offer_id":48994613264639,"sku":"9781289060985","price":15.75,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.whiterainbookhouse.com\/products\/dynamic-contract-breach-u-s-department-of-justice-antitrust-di-9781289060985","provider":"WR Book House","version":"1.0","type":"link"}