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Record W2910883856 · doi:10.3138/utlj.2018-0079

Voicing the market: Extending the ambition of contract theory

2019· article· en· W2910883856 on OpenAlexvenueno aff
Roy Kreitner

Bibliographic record

VenueUniversity of Toronto Law Journal · 2019
Typearticle
Languageen
FieldSocial Sciences
TopicLegal principles and applications
Canadian institutionsnot available
Fundersnot available
KeywordsBracketing (phenomenology)Value (mathematics)CentralityMoralityMeaning (existential)Law and economicsEconomicsGovernment (linguistics)Contract theoryPositive economicsNeoclassical economicsLawEpistemologyPolitical science

Abstract

fetched live from OpenAlex

Contract is a central trope in the organization of modern society. For too long, contract theory has avoided presenting a justification of contract that is ambitious enough to account for this centrality. Happily, this situation is changing, as private law theory is in the midst of refiguring the relationship among contracts, markets, and morality. Recently, a number of unrelated works have advanced both explanatory and justificatory arguments that draw tight connections among the three. Despite divergent starting points and theoretical predilections, the theories converge in characterizing the way that markets value everything in their orbit: impersonally, diffusely, and abstractly. They posit a common vision of the market in which value emerges without coordination, without discussion, and without agreement as to its meaning, motive, or cause. This article analyses these theoretical innovations, offers a brief critique, and then develops a more ambitious alternative. It suggests that contracting in markets can be a site of reasoned discussion about what the market should achieve rather than exclusively a single-minded means to maximize returns. Markets are at times an opportunity to recruit others to our projects, not only because they are financially profitable but also because they are normatively attractive. And that recruiting is a form of politicizing markets by exercising voice without invoking the need for public command. The market itself can be a site of collaborative ventures that accentuate self-government rather than bracketing value.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesInsufficient payload (model declined to judge)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.973
Threshold uncertainty score0.998

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0010.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0030.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.008
GPT teacher head0.238
Teacher spread0.230 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations8
Published2019
Admission routes1
Has abstractyes

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