Foundations of Law and Economics
Conceptualizing Contractual Interpretation
Alan Schwartz and Joel Watson
- Year
- 2013
- Venue
- Journal of Legal Studies
- Level
- Advanced
Summary
Models the welfare tradeoffs among interpretive accuracy, contract-writing costs, investment incentives, and litigation. It clarifies when textual rules, contextual inquiry, and arbitration may serve different transactional environments.
Citation
Alan Schwartz and Joel Watson. "Conceptualizing Contractual Interpretation." Journal of Legal Studies, 2013.
DOI: 10.1086/668608
BibTeX
@article{Schwartz2013Conceptualizing,
title = {Conceptualizing Contractual Interpretation},
author = {Alan Schwartz and Joel Watson},
year = {2013},
journal = {Journal of Legal Studies},
doi = {10.1086/668608},
url = {https://www.journals.uchicago.edu/doi/10.1086/668608}
}