The Remedies Game, Sibiu, Romania, 2016
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Legal obligations are not always fulfilled. This is when the obligation matters in court. Which remedy should courts grant? In economic perspective, the prospect of the remedy constitutes a game. By specifying the remedy, the legal order gives the parties incentives for action and investment choices. This also holds for potential tortfeasors, and even for government deciding to take a citizen’s property. The papers contributed to the symposium address these issues both theoretically and empirically.
Main contributions by: A. Wickelgren, S. Leshem, U. Schweizer, S. Höppner (with B. Depoorter and L. Freund), M. Mungan, S. Baker and E. Morrison (with A. Uettwiller).