Books.org participates in affiliate programs including Bookshop.org and the Amazon Services LLC Associates Program. We may earn a commission from qualifying purchases made through links on this page, at no additional cost to you.
Synopsis
Using an interdisciplinary approach involving economics, sociology, and law, this book examines the purposes, efficiency, and efficacy of legal regulation of contracts and suggests how legal regulation fails and how it might be improved. The conclusions suggest that the law plays an insignificant role in the construction of markets, and that it could provide better assistance by using indeterminate regulation that permits the recontextualization of legal reasoning.