A note on the duty of disclosure

Ariel Rubinstein

    Research output: Contribution to journalArticle

    Abstract

    This letter studies the possibility of voluntary breach of contract in the presence of new information. If the information had to be disclosed prior to the agreement, it is shown by example that all individuals may be worse off than if the act of disclosure is itself voluntary.

    Original languageEnglish (US)
    Pages (from-to)7-11
    Number of pages5
    JournalEconomics Letters
    Volume4
    Issue number1
    DOIs
    StatePublished - 1979

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    ASJC Scopus subject areas

    • Finance
    • Economics and Econometrics

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