Chapter 12. Fixed-Price Versus Spot-Price Contracts: A Study in Risk Allocation

  1. Donald A. Wittman
  1. A. Mitchell Polinsky

Published Online: 17 DEC 2007

DOI: 10.1002/9780470752135.ch12

Economic Analysis of the Law: Selected Readings

Economic Analysis of the Law: Selected Readings

How to Cite

Polinsky, A. M. (2004) Fixed-Price Versus Spot-Price Contracts: A Study in Risk Allocation, in Economic Analysis of the Law: Selected Readings (ed D. A. Wittman), Blackwell Publishing Ltd, Oxford, UK. doi: 10.1002/9780470752135.ch12

Publication History

  1. Published Online: 17 DEC 2007
  2. Published Print: 1 JAN 2004

ISBN Information

Print ISBN: 9780631231578

Online ISBN: 9780470752135

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Keywords:

  • contracts;
  • risk allocation;
  • insurance;
  • demand curves;
  • spot price

Summary

This chapter contains section titled:

  • Introduction

  • Concluding Remarks