IDEAS home Printed from https://ideas.repec.org/a/vep/journl/y2014v122i2p217-236.html
   My bibliography  Save this article

The just price doctrine and contemporary contract law: some introductory remarks

Author

Listed:
  • Andrea Perrone

    (Full professor of Corporate Law and Securities Regulation, Istituto giuridico, Università Cattolica del Sacro Cuore, Largo Gemelli 1, 20123, Milano, Italy)

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.

Suggested Citation

  • Andrea Perrone, 2014. "The just price doctrine and contemporary contract law: some introductory remarks," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 122(2), pages 217-236.
    • Handle: RePEc:vep:journl:y:2014:v:122:i:2:p:217-236
    as

    Download full text from publisher

    File URL: http://riss.vitaepensiero.it/scheda-articolo_digital/andrea-perrone/the-just-price-doctrine-and-contemporary-contract-law-some-introductory-remarks-000518_2014_0002_0217-234844.html
    Download Restriction: Yes
    ---><---

    More about this item

    Keywords

    Contractual justice; Just price; Standards of fairness; Proportionality; Empirical economic research;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • B11 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Preclassical (Ancient, Medieval, Mercantilist, Physiocratic)
    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)
    • K12 - Law and Economics - - Basic Areas of Law - - - Contract Law
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vep:journl:y:2014:v:122:i:2:p:217-236. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vep - Vita e Pensiero (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.