Lucian Bebchuk and Omri Ben-Shahar, "Pre-Contractual Reliance," 30 Journal of Legal Studies 423-457, June 2001.
contractual negotiations, parties often make (reliance) expenditures
that would increase the surplus should a contract be made. This
paper analyzes decisions to invest in precontractual reliance under
alternative legal regimes. Investments in reliance will be
Last updated: Dec. 2002
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