Portrait of Alan Schwartz
Scholar portraitSource: Yale Law School

Schwartz

Alan Schwartz

Contract and commercial-law scholar of incomplete contracts and business transactions

contract theorycommercial lawcorporate finance

Official Source Note

Yale Law School lists Schwartz as Sterling Professor Emeritus of Law and identifies corporate finance, corporate governance, mergers and acquisitions, bankruptcy, contracts, and commercial transactions among his specialties.

Schwartz is included because his contract scholarship draws a careful boundary between transactions where defaults can support sophisticated parties and settings where information, verification, or enforcement problems may justify stronger intervention.

Source: Yale Law School

Relevance to the Archive

Schwartz clarifies how contract-law design depends on party sophistication, verifiability, enforcement cost, and the institutional capacities of courts.

Representative Contributions

  • The Case for Specific Performance (1979)
  • Contract Theory and the Limits of Contract Law (with Robert E. Scott, 2003)
  • Conceptualizing Contractual Interpretation (with Joel Watson, 2013)

Works Included Here