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IV. EXTENDING THE REGULATORY ANALYSIS  1281 A. Risk Aversion and Insurance  1282 B. Multiple Reliance Investments  1285 C. Two-Sided Uncertainty  1287 D. Asymmetric and Imperfect Information  1289 E. Incentives to Reduce the Risk of Revocation  1292 F. When Courts Can Police the Efficiency of Reliance  1293

When Should an Offer Stick? The Economics of Promissory Estoppel in Preliminary Negotiations