Effectiveness and efficiency: epistemological obstacles to economism in civil contract law

Efficacité et efficience: les obstacles épistémologiques à l’économisme en droit civil des contrats

Éric Fokou () and André Bélanger
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Éric Fokou: CDMO - Centre de droit maritime et océanique - UFR DSP - Université de Nantes - UFR Droit et Sciences Politiques - UN - Université de Nantes, UFR DSP - Université de Nantes - UFR Droit et Sciences Politiques - UN - Université de Nantes, ULaval - Université Laval [Québec]
André Bélanger: uOttawa - Université d'Ottawa [Ontario]

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Abstract: The enthusiasm engendered by Law and Economics in the conception of the legal policies continues to silence its fatal flaws within the majority doctrine. However, the methodological and empirical inadequacies of a conception of the law in terms of efficiency cannot leave indifferent a well-informed observer of the legal phenomenon, not to mention the reduction of the efficiency of law to its sole economic utility sometimes to the detriment of the traditional ideals of law. This ideological program of economization of law affects the law of contracts where the legal technique is still looking for models capable of explaining the complexity and diversity of the contractual phenomenon. The legal doctrine keeps on recognizing that the notion of contract is an imperfect intellectual construct which evolves with time. In contrast, the economic technique has congealed the contract in one model: the exchange. This hypothesis includes, from the legal theory point of view, numerous presuppositions on the notion of contract, its essence and substance. These preconceptions of the contract by economic theory generate a paradigmatic conflict with the legal theory and above all an axiological conflict with the social function of contract law.

Keywords: Law and Economic; Contract; Epistemology; Droit et économie; Contrat; Épistémologie (search for similar items in EconPapers)
Date: 2019-07-17
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Published in Revue générale de droit, 2019, 49 (1), pp.5-66. ⟨10.7202/1062166ar⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04977726

DOI: 10.7202/1062166ar

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