Kim, Iljoong; Kim, Jaehong - In: Journal of Institutional and Theoretical Economics (JITE) 170 (2014) 4, pp. 599-615
We clarify the conventional claims concerning the most popular damage measures: expectation damages (ED), constant damages (CD), and reliance damages (RD). We strictly examine strategies versus outcomes in equilibrium and make several new investigations. In terms of equilibrium outcomes, we...