The value to a buyer of a contract is v(r) with reliance expenditure of r and the reliance has value w(r) if the contract is not performed. The seller can perform at cost c. a. if d is the damage award, what value would d take for expectation damages? b. What value would d take for Reliance Damages? suppose that the probability of performace is q. Write the buyer's maximization problem for choosing reliance and derive the first order condition: c. when there are expectation damages d. when there are reliance damages e. write down the maximization problem for choosing the efficient level of reliance and derive the first order condition f. Show that neither expectation damages nor reliance damages provides incentives for efficient reliance.