RICHMAN / Dispute Resolution and Transactional Certainty
Channel: Learn IOE
Date: 2017-08-21

How disputes are resolved, and how contract rights are secured, without court-facilitated dispute resolution has been a great area of interest to institutional economists and legal scholars alike.  In this lecture, Professor Barak Richman lecture provides an overview and taxonomy of extralegal dispute resolution mechanisms, and a framework to understand and distinguish among the private legal systems heralded in the literature.