Bibliographic Details

Boilerplate : the foundation of market contracts / edited by Omri Ben-Shahar.

Imprint Cambridge ; New York : Cambridge University Press, 2007.
Description 1 online resource (xviii, 237 pages)
Language English
Subject Standardized terms of contract.
LAW -- Liability.
LAW -- Contracts.
Standardized terms of contract.
Electronic books.
Format E-Resource, Book
URL for this record http://pi.lib.uchicago.edu/1001/cat/bib/11812938
Other authors / contributors Ben-Shahar, Omri.
ISBN 9780511286780
0511286783
0521859182
9780521859189
052167638X
9780521676380
0511286066
9780511286063
9780511611179
051161117X
Notes Includes bibliographical references (pages 211-232) and index.
Summary Boilerplate, the fine print of standard contracts, is more prevalent than ever in commercial trade and in electronic commerce. But what is in it, beyond legal technicalities? Why is it so hard to read and why is it often so one-sided? Who writes it, who reads it, and what effect does it have? The studies in this volume question whether boilerplate is true contract. Does it resemble a statute? Is it a species of property? Should we think of it as a feature of the product we buy? Does competition improve boilerplate? Looking at the empirical reality in which various boilerplates operate, leading private law experts reveal subtle and previously unrecognized ways in which boilerplate clauses encourage information flow, but also reduce it; how new boilerplate terms are produced, and how innovation in boilerplate is stifled; how negotiation happens in the shadow of boilerplate, and how it is subdued. They offer a new explanation as to why boilerplate is often so one-sided. with emphasis on empiricism and economic thinking, this volume provides a more nuanced understanding of the 'DNA' of market contracts, the boilerplate terms.
Other form Print version: Boilerplate. Cambridge ; New York : Cambridge University Press, 2007 9780521859189 0521859182
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245 0 0 |a Boilerplate :  |b the foundation of market contracts /  |c edited by Omri Ben-Shahar. 
260 |a Cambridge ;  |a New York :  |b Cambridge University Press,  |c 2007. 
300 |a 1 online resource (xviii, 237 pages) 
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504 |a Includes bibliographical references (pages 211-232) and index. 
505 0 |a One-sided contracts in competitive consumer markets / Lucian A. Bebchuk and Richard A. Posner -- Cooperative negotiations in the shadow of boilerplate / Jason S. Johnston -- Boilerplate and economic power in auto manufacturing contracts / Omri Ben-Shahar and James J. White -- "Unfair" dispute resolution clauses : much ado about nothing? / Florencia Marotta-Wurgler -- The unconventional uses of transactions costs / David Gilo and Ariel Porat / Online boilerplate : would mandatory website disclosure of e-standard terms backfire? / Robert A. Hillman -- Pre-approved boilerplate / Clayton P. Gillette -- "Contracting" for credit / Ronald J. Mann -- The role of nonprofits in the production of boilerplate / Kevin E. Davis -- The boilerplate paradox / Douglas G. Baird -- Contract as statute / Stephen J. Choi and G. Mitu Gulati -- Modularity in contracts : boilerplate and information flow / Henry E. Smith -- Contra proferentum : the allure of ambiguous boilerplate / Michelle E. Boardman -- Boilerplate today : the rise of modularity and the waning of consent / Margaret Jane Radin -- The law and sociology of boilerplate / Todd J. Rakoff. 
520 |a Boilerplate, the fine print of standard contracts, is more prevalent than ever in commercial trade and in electronic commerce. But what is in it, beyond legal technicalities? Why is it so hard to read and why is it often so one-sided? Who writes it, who reads it, and what effect does it have? The studies in this volume question whether boilerplate is true contract. Does it resemble a statute? Is it a species of property? Should we think of it as a feature of the product we buy? Does competition improve boilerplate? Looking at the empirical reality in which various boilerplates operate, leading private law experts reveal subtle and previously unrecognized ways in which boilerplate clauses encourage information flow, but also reduce it; how new boilerplate terms are produced, and how innovation in boilerplate is stifled; how negotiation happens in the shadow of boilerplate, and how it is subdued. They offer a new explanation as to why boilerplate is often so one-sided. with emphasis on empiricism and economic thinking, this volume provides a more nuanced understanding of the 'DNA' of market contracts, the boilerplate terms. 
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