Alternative Method to Resolve the Principal–Principal Conflict—A New Perspective Based on Contract Theory and Negotiation

Liquidated damages mechanisms have been analyzed from a legal perspective and applied to real-world contracts. Due to the lack of application of LDs to common agency theory, this research explores whether the liquidated damages mechanism can resolve principal–principal conflicts under common agency....

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Bibliographic Details
Main Authors: Yuxun Zhou, Mohammad Mafizur Rahman, Rasheda Khanam, Brad R. Taylor
Format: Article
Language:English
Published: MDPI AG 2023-01-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/11/2/442