Edited by Mindy Chen-Wishart, Faculty of Law, National University of Singapore, Singapore and Prince Saprai, Faculty of Laws, University College London, UK

‘This Handbook contains an excellent survey of the burgeoning debates on the philosophy of contract law and how these affect contractual principles and rules. The volume is the first to bring together leading scholars in the field to show not only the extreme richness of research at the intersection of philosophy and contract law but also the way forward in many current debates. This book makes indispensable reading for both contract lawyers and philosophers.’

• ContentsForeword xii1 Philosophy of contract law: An introduction 1Mindy Chen-Wishart and Prince SapraiPART I GENERAL THEORY2 On the point, scope and utility of the philosophy of contract 15Dori Kimel3 The promise theory of contract 29Daniel Markovits4 Autonomy and contracts 43Hanoch Dagan5 Economics and contract law 56Richard R.W. Brooks6 Reliance 72Paul MacMahon7 The ‘discrete’ and the ‘relational’ in the relational theory of contract 86David Campbell8 Corrective justice and contract law 101Andrew Botterell9 The performance interest and the promissory basis of contract law 115Peter Benson10 Pluralism about contract law 135Aditi BagchiPART II FUNDAMENTAL PRINCIPLES11 Freedom of contract 150James Gordley12 The inequality of bargaining power principle 165Rebecca Stone13 The bilaterality of contract 178Irina Sakharova14 Good faith 192Mindy Chen-Wishart and Victoria Dixon15 Fault and strict liability in contract 210Roy Kreitner16 The ethical limits of markets: Market inalienability 222Kimberly D. Krawiec17 Progress in EU contract law 236Martijn W. Hesselink18 Artificial intelligence, contract law and justice 252Tatiana DancyPART III RULES AND DOCTRINES19 Agreement 266Nick Sage20 Why consideration? 279Mindy Chen-Wishart21 Intent to create legal relations and the nature of contractual consent 296Nathan B. Oman22 Third parties 311Nicolas Cornell23 Interpretation 326William Day and Adam Kramer24 Default rules: Theoretical foundations 344Eyal Zamir25 The regulation of unfairness in contract 360Margaret Jane Radin and John Enman-Beech26 Mistake in contract law 374Emily Sherwin27 Misrepresentation 386Gregory Klass28 Contractual duress 400Chris Mills29 The unbearable narrowness of undue influence 415Hila Keren30 Unconscionable dealing 431Rick Bigwood31 Impossibility and frustration 447Jennifer Nadler32 Termination 460Mark P. Gergen33 Debt as a contractual type 473Mark P. Gergen34 Specific performance 485Felipe Jiménez35 Expectation damages 498Charlie Webb36 Rationalising the penalties rule 510Prince Saprai37 Mitigation 525Andy Summers38 Remoteness of damage 542Nicholas J. McBrideIndex 555

Edited by Mindy Chen-Wishart, Faculty of Law, National University of Singapore, Singapore and Prince Saprai, Faculty of Laws, University College London, UK

‘This Handbook contains an excellent survey of the burgeoning debates on the philosophy of contract law and how these affect contractual principles and rules. The volume is the first to bring together leading scholars in the field to show not only the extreme richness of research at the intersection of philosophy and contract law but also the way forward in many current debates. This book makes indispensable reading for both contract lawyers and philosophers.’

• ContentsForeword xii1 Philosophy of contract law: An introduction 1Mindy Chen-Wishart and Prince SapraiPART I GENERAL THEORY2 On the point, scope and utility of the philosophy of contract 15Dori Kimel3 The promise theory of contract 29Daniel Markovits4 Autonomy and contracts 43Hanoch Dagan5 Economics and contract law 56Richard R.W. Brooks6 Reliance 72Paul MacMahon7 The ‘discrete’ and the ‘relational’ in the relational theory of contract 86David Campbell8 Corrective justice and contract law 101Andrew Botterell9 The performance interest and the promissory basis of contract law 115Peter Benson10 Pluralism about contract law 135Aditi BagchiPART II FUNDAMENTAL PRINCIPLES11 Freedom of contract 150James Gordley12 The inequality of bargaining power principle 165Rebecca Stone13 The bilaterality of contract 178Irina Sakharova14 Good faith 192Mindy Chen-Wishart and Victoria Dixon15 Fault and strict liability in contract 210Roy Kreitner16 The ethical limits of markets: Market inalienability 222Kimberly D. Krawiec17 Progress in EU contract law 236Martijn W. Hesselink18 Artificial intelligence, contract law and justice 252Tatiana DancyPART III RULES AND DOCTRINES19 Agreement 266Nick Sage20 Why consideration? 279Mindy Chen-Wishart21 Intent to create legal relations and the nature of contractual consent 296Nathan B. Oman22 Third parties 311Nicolas Cornell23 Interpretation 326William Day and Adam Kramer24 Default rules: Theoretical foundations 344Eyal Zamir25 The regulation of unfairness in contract 360Margaret Jane Radin and John Enman-Beech26 Mistake in contract law 374Emily Sherwin27 Misrepresentation 386Gregory Klass28 Contractual duress 400Chris Mills29 The unbearable narrowness of undue influence 415Hila Keren30 Unconscionable dealing 431Rick Bigwood31 Impossibility and frustration 447Jennifer Nadler32 Termination 460Mark P. Gergen33 Debt as a contractual type 473Mark P. Gergen34 Specific performance 485Felipe Jiménez35 Expectation damages 498Charlie Webb36 Rationalising the penalties rule 510Prince Saprai37 Mitigation 525Andy Summers38 Remoteness of damage 542Nicholas J. McBrideIndex 555

Edited by Mindy Chen-Wishart, Faculty of Law, National University of Singapore, Singapore and Prince Saprai, Faculty of Laws, University College London, UK

‘This Handbook contains an excellent survey of the burgeoning debates on the philosophy of contract law and how these affect contractual principles and rules. The volume is the first to bring together leading scholars in the field to show not only the extreme richness of research at the intersection of philosophy and contract law but also the way forward in many current debates. This book makes indispensable reading for both contract lawyers and philosophers.’

• ContentsForeword xii1 Philosophy of contract law: An introduction 1Mindy Chen-Wishart and Prince SapraiPART I GENERAL THEORY2 On the point, scope and utility of the philosophy of contract 15Dori Kimel3 The promise theory of contract 29Daniel Markovits4 Autonomy and contracts 43Hanoch Dagan5 Economics and contract law 56Richard R.W. Brooks6 Reliance 72Paul MacMahon7 The ‘discrete’ and the ‘relational’ in the relational theory of contract 86David Campbell8 Corrective justice and contract law 101Andrew Botterell9 The performance interest and the promissory basis of contract law 115Peter Benson10 Pluralism about contract law 135Aditi BagchiPART II FUNDAMENTAL PRINCIPLES11 Freedom of contract 150James Gordley12 The inequality of bargaining power principle 165Rebecca Stone13 The bilaterality of contract 178Irina Sakharova14 Good faith 192Mindy Chen-Wishart and Victoria Dixon15 Fault and strict liability in contract 210Roy Kreitner16 The ethical limits of markets: Market inalienability 222Kimberly D. Krawiec17 Progress in EU contract law 236Martijn W. Hesselink18 Artificial intelligence, contract law and justice 252Tatiana DancyPART III RULES AND DOCTRINES19 Agreement 266Nick Sage20 Why consideration? 279Mindy Chen-Wishart21 Intent to create legal relations and the nature of contractual consent 296Nathan B. Oman22 Third parties 311Nicolas Cornell23 Interpretation 326William Day and Adam Kramer24 Default rules: Theoretical foundations 344Eyal Zamir25 The regulation of unfairness in contract 360Margaret Jane Radin and John Enman-Beech26 Mistake in contract law 374Emily Sherwin27 Misrepresentation 386Gregory Klass28 Contractual duress 400Chris Mills29 The unbearable narrowness of undue influence 415Hila Keren30 Unconscionable dealing 431Rick Bigwood31 Impossibility and frustration 447Jennifer Nadler32 Termination 460Mark P. Gergen33 Debt as a contractual type 473Mark P. Gergen34 Specific performance 485Felipe Jiménez35 Expectation damages 498Charlie Webb36 Rationalising the penalties rule 510Prince Saprai37 Mitigation 525Andy Summers38 Remoteness of damage 542Nicholas J. McBrideIndex 555