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The Limits of Laissez-faire: Free Co...

Reynolds, Nicholas.

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The Limits of Laissez-faire: Free Competition, Freedom of Contract, and Other-Regard as a Competing Principle of Commercial Private Law.

Record Type:	Electronic resources : Monograph/item
Title/Author:	The Limits of Laissez-faire: Free Competition, Freedom of Contract, and Other-Regard as a Competing Principle of Commercial Private Law./
Author:	Reynolds, Nicholas.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 2018,
Description:	75 p.
Notes:	Source: Masters Abstracts International, Volume: 58-02.
Contained By:	Masters Abstracts International58-02(E).
Subject:	Law. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10930811
ISBN:	9780438670815

The Limits of Laissez-faire: Free Competition, Freedom of Contract, and Other-Regard as a Competing Principle of Commercial Private Law.
Reynolds, Nicholas.

The Limits of Laissez-faire: Free Competition, Freedom of Contract, and Other-Regard as a Competing Principle of Commercial Private Law. - Ann Arbor : ProQuest Dissertations & Theses, 2018 - 75 p.

Source: Masters Abstracts International, Volume: 58-02.

Thesis (LL.M.)--University of Toronto (Canada), 2018.

A principle of laissez-faire has long dominated the doctrinal development of contract and tort as they apply to commerce. By contrast, opposition to laissez-faire developed in piecemeal fashion, which has precluded this opposition from amounting to a comprehensive critique of laissez-faire. This has proven problematic in light of research indicating that humans are prone to biases that inhibit their ability to maximize self-interest. In other words, laissez-faire fails to prevent humans from indulging in self-destructive tendencies.

ISBN: 9780438670815Subjects--Topical Terms:

600858
Law.

The Limits of Laissez-faire: Free Competition, Freedom of Contract, and Other-Regard as a Competing Principle of Commercial Private Law.
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100 1 $a Reynolds, Nicholas. $3 1245001
245 1 4 $a The Limits of Laissez-faire: Free Competition, Freedom of Contract, and Other-Regard as a Competing Principle of Commercial Private Law.
260 1 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 2018
300 $a 75 p.
500 $a Source: Masters Abstracts International, Volume: 58-02.
500 $a Adviser: Margaret J. Radin.
502 $a Thesis (LL.M.)--University of Toronto (Canada), 2018.
520 $a A principle of laissez-faire has long dominated the doctrinal development of contract and tort as they apply to commerce. By contrast, opposition to laissez-faire developed in piecemeal fashion, which has precluded this opposition from amounting to a comprehensive critique of laissez-faire. This has proven problematic in light of research indicating that humans are prone to biases that inhibit their ability to maximize self-interest. In other words, laissez-faire fails to prevent humans from indulging in self-destructive tendencies.
520 $a As a solution, this thesis posits that parts of contract, tort and fiduciary law already implicitly recognize an underlying principle of other-regard. This principle functions at the same level as laissez-faire, offering a safeguard against human irrationality that protects self-interest in a way that would be impossible under pure laissez-faire. Ultimately, commercial private law might more effectively achieve its objectives by recognizing a system of competing principles rather than a hegemony of one.
590 $a School code: 0779.
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773 0 $t Masters Abstracts International $g 58-02(E).
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