Foundations of Law and Economics
Contract Theory and the Limits of Contract Law
Alan Schwartz and Robert E. Scott
- Year
- 2003
- Venue
- Yale Law Journal
- Level
- Advanced
Summary
Develops a normative theory for contracts between firms and asks when courts should enforce party-created terms, supply defaults, or decline broader regulation. The analysis ties legal intervention to information, verification, and institutional competence.
Citation
Alan Schwartz and Robert E. Scott. "Contract Theory and the Limits of Contract Law." Yale Law Journal, 2003.
BibTeX
@article{Schwartz2003Contract,
title = {Contract Theory and the Limits of Contract Law},
author = {Alan Schwartz and Robert E. Scott},
year = {2003},
journal = {Yale Law Journal},
url = {https://yalelawjournal.org/article/contract-theory-and-the-limits-of-contract-law}
}