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econ.TH2021
Axiomatic Formulation of the Optimal Transaction Cost Theory in the Legal Process through Cobb-Douglas Optimization
Kwadwo Osei Bonsu
In a legal dispute, parties engage in a series of negotiations so as to arrive at a reasonable settlement. The parties need to present a fair and reasonable bargain in order to ind…
econ.TH2020★ 2 cited
Mechanism of Instrumental Game Theory in The Legal Process via Stochastic Options Pricing Induction
Kwadwo Osei Bonsu, Shoucan Chen
Economic theory has provided an estimable intuition in understanding the perplexing ideologies in law, in the areas of economic law, tort law, contract law, procedural law and many…