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Selected Works of Aaron Edlin
Article
Optimal Penalties in Contracts
Chicago-Kent Law Review (2003)
  • Aaron S. Edlin
  • Alan Schwartz, Yale Law School
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Abstract
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.
Keywords
  • damages,
  • penalties,
  • breach of contract
Disciplines
Publication Date
May, 2003
Citation Information
Aaron S. Edlin and Alan Schwartz. "Optimal Penalties in Contracts" Chicago-Kent Law Review (2003)
Available at: http://works.bepress.com/aaron_edlin/30/