Good Faith and Game Theory

Caspar Rose

doi:10.1007/978-1-4614-7883-6_52-1

Good Faith and Game Theory

Publikation: Bidrag til bog/antologi/rapport › Encyclopædiartikel › Forskning › peer review

Abstrakt

This article shows how game theory can be applied to model good faith mathematically using an example of a classic legal dispute related to rei vindicato. The issue is whether an owner has a legal right to his good if a person has bought it in good faith by using updated probabilities. The article illustrates that a rule of where good faith is irrelevant Pareto dominates a rule where good faith may protect an innocent buyer.

Originalsprog	Engelsk
Titel	Encyclopedia of Law and Economics
Redaktører	Alain Marciano, Giovanni Battista Ramello
Antal sider	5
Udgivelsessted	New York
Forlag	Springer Science+Business Media
Publikationsdato	7 apr. 2016
ISBN (Trykt)	9781461478836 , 9781461477525
ISBN (Elektronisk)	9781461477549
DOI	https://doi.org/10.1007/978-1-4614-7883-6_52-1
Status	Udgivet - 7 apr. 2016

Adgang til dokumentet

10.1007/978-1-4614-7883-6_52-1Licens: Ikke-specificeret

Citationsformater

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