Description
Book SynopsisThis important book tackles the problem of inflation in contract law - whether, and to what extent, contract rules should take inflation into account.
The book offers an original approach in proposing that the distributive effects of inflation are an important factor in the design of contract rules. The author also finds that the wealth distribution caused by inflation is relevant to the design of contract rules whichever normative perspective of the contract law one adopts. The book draws theoretical and practical implications of the analysis and suggests that different starting points will result in different solutions.
Inflation and the Enforcement of Contracts is essential to anyone interested in research or policy making in the area of contract law.
Table of ContentsContents: Introduction 1. The Experience of Different Legal Systems with the Enforcement of Contracts during Inflation 2. Economic Analysis 3. The Distributional Approach to Contract Law 4. A Comparison of Economic Analysis of Contract Law and the Distributional Approach to Contract Law 5. The Institutional Competence of Judicial and Legislative Bodies to deal with Enforcement during Inflation Conclusions Bibliography Index
