ECONOMIC BASES OF CONTRACT RIGHT

Author

, professor, Kharkiv, Pushinska, 77
, associate professor, Kharkiv, Pushinska, 77

In heading

Economic theory of law;

Signed print

22.02.2011

Issues number

2011 - № 2 (5)

Page

146-156

Type of articles

Scientific article

Code UDK

330.301

ISSN print

2218-8010

Abstract

A contract right designs the economic relations of exchange. The necessity of contract right arises up of transaction cost of specification of ownership rights. Primary purpose of contract right – to decrease opportunism and unforeseen contingencies. Achievement of purpose is carried out in the process of realization of economic and institution functions of contract right.

Keywords

Contract right, opportunism, ownership rights, transaction cost

Reviewer

External reviewer

Article in PDF

2 146-156

Bibliography

none

Code DOI

This post is also available in: Russian, Ukrainian

27.01.2011