Document Type

Article

Publication Date

9-2005

Keywords

Liquidated damages, Agreed damages, Convention on International Sale of Goods, CISG, Behavioral decision theory, BDT, Super-compensatory damages

Disciplines

Contracts | International Law | International Trade Law | Legal Remedies

Abstract

In this brief comment, I apply behavioral decision theory to the question of the enforcement in transnational sales of super-compensatory agreed damages. I conclude that a good case can be made that such damages provisions should be enforced.

Publication Citation

Published in: International Review of Law and Economics, vol. 25, no. 3 (September 2005).

Share

COinS