The Just Price Doctrine and Contemporary Contract Law: Some Introductory Remarks

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Abstract

This paper discusses the possibility of applying the insights provided by the doctrine of the just price to the current debate about contractual justice. After summarizing the just price doctrine and addressing the objections traditionally raised against it, the paper identifies the role that just price theory could play in contemporary contract law and suggests a general standard of proportionality in exchange as a constraint on the full application of freedom of contract.
Original languageEnglish
Pages (from-to)1-16
Number of pages16
JournalORIZZONTI DEL DIRITTO COMMERCIALE
Publication statusPublished - 2013

Keywords

  • contractual justice
  • empirical economic research
  • just price
  • proportionality
  • standards of fairness

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