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Just Exchange : a Theory of Contract.
Civilized societies promote cooperation and few institutions do so more effectively than the law of contract. Contract law is thus an indispensable feature of modern liberal society and serves as a foundation for modern economic systems. Moreover, contract issues inform the worldwide debate over pri...
| Clasificación: | Libro Electrónico |
|---|---|
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Taylor & Francis
2004.
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| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 520 | |a Civilized societies promote cooperation and few institutions do so more effectively than the law of contract. Contract law is thus an indispensable feature of modern liberal society and serves as a foundation for modern economic systems. Moreover, contract issues inform the worldwide debate over privatization, globalization and neo-liberalism: issues that ultimately begin when two people enter into a contract. Now, for the first time, there is a comprehensive, eminently readable book designed to focus thinking in this area. The book bridges the gap between law and economics by confronting normative values that economists too often deem the preserve of moral philosophers. Contract theorists, on the other hand, are seldom in sympathy with economic efficiency norms. While free bargaining continues to be regarded with suspicion by legal scholars who are hostile to private ordering, the proper scope of free bargaining remains in dispute. Combined with a recent renewed interest in this field, these academic tensions mean that the time is right for a reconsideration of contract law.; Drawing on scholarship from diverse fields and using illuminating and erudite examples, Just Exchange is entertaining as well as informative. Of interest to economists, lawyers, public policy-makers and those intersted in contract theory, this volume is a valuable overview of a vital intersection between legal studies and economics. | ||
| 505 | 0 | |a Cover -- Half Title -- Title Page -- Copyright Page -- Dedication -- Table of Contents -- List of illustrations -- Preface -- PART I: The enforcement of contracts -- 1 The promising game -- How to create a game -- Hume on promising -- The principle of fidelity -- 2 Rival theories of contract law -- Reliance theories -- Benefits theories -- Will theories -- 3 The economic theory of contract law -- The need for trust -- Beneficial reliance -- Credible commitments -- Substitutes for contract law -- 4 Fidelity to promising -- Respect, gratitude and consent -- Natural duties of support -- PART II: The limits of bargaining freedom -- 5 Soft paternalism -- Minors and incompetents -- Judgment heuristics -- Weakness of the will -- Screening -- 6 Private perfectionism -- Perfectionism and neutralism -- Endogenous preferences -- Internalities -- Liberal perfectionism and conservative neutralism -- 7 Social perfectionism -- Moral externalities -- Common law illegality -- The harm-to-others principle -- The disintegration thesis -- The case for neutralism -- 8 Substantive fairness -- Game theoretic bargaining solutions -- Cooperation theories -- Incentive theories -- Screening theories -- Standard form contracts -- 9 Contractarian virtue -- The cultural contradictions of contract law -- The Romantic objection -- Notes -- Index. | |
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