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Record W7043922758

Unconscionability, Smart Contracts, and Blockchain Technology: are consumers really protected against power abuses in the Digital Economy?

2022· article· en· W7043922758 on OpenAlexaboutno aff

Bibliographic record

VenueeYLS (Yale Law School) · 2022
Typearticle
Languageen
FieldDecision Sciences
TopicEnergy Law and Policy
Canadian institutionsnot available
Fundersnot available
KeywordsUnconscionabilitySupreme courtDoctrineArbitrationEnforcementBargaining powerFederal Arbitration ActPower (physics)Order (exchange)
DOInot available

Abstract

fetched live from OpenAlex

This work discusses the doctrine of unconscionability in smart contracts involving consumers, as implied by the Supreme Court of Canada in its Uber v Heller decision of 2020. Finding an arbitration clause, whereby Uber required a Toronto driver to bring his labour complaint to an arbitration tribunal in the Netherlands, unenforceable, the Supreme Court required the presence of inequality of bargaining power and improvident bargain for a contract to be unconscionable. This approach to unconscionability also applies to standard form contracts or contracts of adhesion involving consumers. This work focuses on the implications of such an approach for protecting consumers in standard form contracts that take the form of smart contracts. The doctrine of unconscionability may curb abusive practices by companies (particularly global platforms), mitigate the problems associated with the immutability of smart contracts, and incentivize companies to encode fair terms and conditions in smart contracts. This paper, however, raises concerns about the effectiveness of the enforcement of the doctrine of unconscionability in smart contracts implemented within blockchain technologies. Companies’ apparent unwillingness to encode fair terms and conditions in smart contracts and consumers’ inability to detect unfair terms and bring an action in response along with the limitations of regulators and courts to enforce fairness standards in the digital economy may render the doctrine of unconscionability ineffective. Consideration should be given to supplementing regulators and courts with mandatory auditing of smart contracts under public scrutiny, in order to encourage companies to remove unfair terms and conditions together with bias, discrimination, and technical failures. This corporate auditing of smart contracts may greatly mitigate the enforcement problems associated with the doctrine of unconscionability and ensure that consumers are effectively and conveniently protected in the digital economy. Although lessons may be drawn for other nations, attention should also be paid to local contexts and the institutional strengths and weaknesses of a particular country.

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 machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.005
metaresearch head score (Gemma)0.015
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.008
Threshold uncertainty score0.030

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0050.015
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0030.024
Scholarly communication0.0070.015
Open science0.0010.004
Research integrity0.0060.004
Insufficient payload (model declined to judge)0.0080.001

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 head0.023
GPT teacher head0.284
Teacher spread0.261 · 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 source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
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

Citations0
Published2022
Admission routes1
Has abstractyes

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