A Psychology of Choice of Laws

29 Pages Posted: 29 May 2013 Last revised: 13 Sep 2013

Gary Low

Singapore Management University - School of Law; Maastricht European Private Law Institute

Date Written: May 28, 2013

Abstract

There is certainly a lot of choice going around in the market for contract law. This is a good thing, since choice is key to self-determination and may help improve our laws. Yet there may be such a thing as choice overload, and the introduction of the Common European Sales law is a timely reminder to consider its effect for the market for contract law. This article does just that. It explains what choice overload is, why it comes about, and what can be done to ameliorate its effects. The conclusion is that CESL will not cause choice overload but will not help in that respect either. Given the prospect of overload, this article evaluates the possible solutions to the problem, and advances the argument in favour of categorizing laws in order to help decision-makers to choose prudently.

Suggested Citation

Low, Gary, A Psychology of Choice of Laws (May 28, 2013). European Business Law Review, Vol. 24, No. 3, 2013; Singapore Management University School of Law Research Paper No. 12/2013. Available at SSRN: https://ssrn.com/abstract=2271053

Gary Low (Contact Author)

Singapore Management University - School of Law ( email )

55 Armenian Street
Singapore, 179943
Singapore

Maastricht European Private Law Institute ( email )

P.O. Box 616
Maastricht, 6200
Netherlands

Paper statistics

Downloads
267
Rank
93,119
Abstract Views
827