The Value of Choice and the Justice of Contract

Jurisprudence (2019 Forthcoming)

15 Pages Posted: 30 Oct 2018

See all articles by Hanoch Dagan

Hanoch Dagan

Tel Aviv University - Buchmann Faculty of Law

Date Written: October 5, 2018

Abstract

This short Essay examines the assurance theory of contract, originally developed by T.M. Scanlon and recently revived and revised by Emmanuel Voyiakis. Scanlon’s duty-based account of contract properly highlights the intimate connection between contract and the value of choice. In turn, Voyiakis’ revision implies that contract’s normative underpinning must also serve as the foundation for its distinct requirements for justice. Notwithstanding these virtues, I criticize assurance theory in both its versions, arguing that it fails to capture the essence of contract. That is, contract is first and foremost power-conferring, not duty-imposing. This failure, I further claim, undermines assurance theory’s ability to properly account for the robustness and the foundation of contract-based obligations; it also obscures both the premise and the challenge of contract law’s justice-based rules.

Suggested Citation

Dagan, Hanoch, The Value of Choice and the Justice of Contract (October 5, 2018). Jurisprudence (2019 Forthcoming). Available at SSRN: https://ssrn.com/abstract=3261634 or http://dx.doi.org/10.2139/ssrn.3261634

Hanoch Dagan (Contact Author)

Tel Aviv University - Buchmann Faculty of Law ( email )

Ramat Aviv
Tel Aviv 69978, IL
Israel
+972 3 640 7302 (Phone)

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