---

Date: Wed, 22 May 2013 07:43:38 +0200

---

Quote:

SSRN Author: Ronald J. Gilson
REVISION: Contract and Innovation: The Limited Role of Generalist Courts in the Evolution of Novel Contractual
http://www.ssrn.com/abstract=2095714

---

Text:

In developing a contractual response to changes in the economic environment, parties choose the method by which their innovation will be adapted to the particulars of their context. These choices are driven centrally by the thickness of the relevant market and the uncertainty related to that market. In turn, the parties’ choice of method will shape how generalist courts can best support the parties’ innovation and the novel regimes they envision. In this essay, we argue that contractual inn

---

Via FeedShow.com