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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 OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

aboutThe title or abstract carries a Canadian signal from the geographic lexicon.
no affNo Canadian affiliation: this work is invisible to an affiliation-only frame.
No Canadian affiliation. An affiliation-only frame, the usual design, would never have seen this work. It is one of the works that make the case for inverting the frame.

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.

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)0.002
metaresearch head score (Gemma)0.002
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.867
Threshold uncertainty score0.722

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0020.002
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.001
Science and technology studies0.0010.001
Scholarly communication0.0010.000
Open science0.0010.000
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0000.000

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 head0.023
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