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Can Blockchain Solve the Hold-up Problem in Contracts? - Elements in Law, Economics and Politics Holden, Richard (University of New South Wales, Sydney) New edition
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Can Blockchain Solve the Hold-up Problem in Contracts? - Elements in Law, Economics and Politics
Holden, Richard (University of New South Wales, Sydney)
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.
75 pages, Worked examples or Exercises
| Medios de comunicación | Libros Paperback Book (Libro con tapa blanda y lomo encolado) |
| Publicado | 18 de noviembre de 2021 |
| ISBN13 | 9781009001397 |
| Editores | Cambridge University Press |
| Páginas | 58 |
| Dimensiones | 228 × 152 × 9 mm · 102 g |
| Lengua | Inglés |
