Standardized terms of contract

Indeks : p.233-237 ; The studies in this volume question wether 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; and 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 and identify models for regulating the content of boilerplate. With the emphasis on empiricism and economic thinking, this volume provides a more nuanced understanding of the DNA of market contracts, the boilerplate terms.