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-demographic diversity. These terms literally promise justice.Can they deliver?This paper makes three claims about the use of contract to …
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) conception of justice best explains the existing (European) rules on contract formation and price, and it also casts a long and …This article discusses the introduction of a general “fair price rule” in (European) contract law. According to such a …
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Despite the existence of a near consensus on most of the specifics of common law contract law, there remains a great … deal of uncertainty about how doctrines of contractual fairness are to be applied to excuse a party from a contract, and no … contract is unfair, we must first determine why contract is enforced at all. The exceptions to contractual enforcement can then …
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for the supplier and share revenue afterward (contract A), or let the supplier manage his content and report trade while … charging him a commission fee (contract B). The platform decides the revenue-sharing ratio and how much revenue information to … disclose. The supplier evaluates a contract based on utility maximization, considering his trust in the platform's information …
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-seller relationship with renegotiation. Our paper provides causal experimental evidence that an initial contract has a highly significant … threatpoints. We compare situations in which an initial contract is renegotiated to strategically equivalent bargaining situations … in which no ex ante contract was written. The ex ante contract causes sellers to ask for markups that are 45 percent …
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