A cornerstone of the law and economics approach to standard-form contracts is the informed-minority hypothesis: in competitive markets, a minority of term-conscious buyers is sufficient to discipline sellers from using unfavorable boilerplate terms. This argument is often invoked to limit intervention or regulate consumer transactions, but there has been little empirical investigation of its validity. We track the Internet browsing behavior of 48,154 monthly visitors to the Web sites of 90 online software companies to study the extent to which potential buyers access the end-user license agreement. We find that only one or two of every 1,000 retail software shoppers access the license agreement and that most of those who do access it read n...
The development of the Internet as a medium for consumer transactions creates a new question for con...
Although assent is the doctrinal and theoretical hallmark of contract, its relevance for form contra...
Instead of promoting informed consumer assent through quixotic attempts to have consumers read ever-...
A cornerstone of the law and economics approach to standard-form contracts is the informed-minority ...
A cornerstone of the law and economics approach to standard form contracts is the 'informed minority...
In a recent article, Standard-Form Contracting in the Electronic Age, 77 N.Y.U. L. Rev. 429 (2002), ...
Regulators often address the potential for onesided standard form contracts by requiring extra discl...
Scholars for decades have noted the possibility that standard-form contracts disadvantage consumers....
The duty to read doctrine is a well-recognized building block of U.S. contract law. This doctrine ho...
The paper examines the equilibrium quality of mass market contract terms, such as those in end user ...
Internet contracts are increasingly part of the daily lives of most consumers. Consumers enter contr...
Everyone today interacts frequently with large online companies for a variety of purposes. We use so...
The aim of the American Law Institute\u27s new Principles of the Law of Software Contracts is to imp...
One of the most difficult problems in modem contract law is the status of standard terms-often calle...
Like transactions in the paper world, online consumer transactions are dominated by standard form co...
The development of the Internet as a medium for consumer transactions creates a new question for con...
Although assent is the doctrinal and theoretical hallmark of contract, its relevance for form contra...
Instead of promoting informed consumer assent through quixotic attempts to have consumers read ever-...
A cornerstone of the law and economics approach to standard-form contracts is the informed-minority ...
A cornerstone of the law and economics approach to standard form contracts is the 'informed minority...
In a recent article, Standard-Form Contracting in the Electronic Age, 77 N.Y.U. L. Rev. 429 (2002), ...
Regulators often address the potential for onesided standard form contracts by requiring extra discl...
Scholars for decades have noted the possibility that standard-form contracts disadvantage consumers....
The duty to read doctrine is a well-recognized building block of U.S. contract law. This doctrine ho...
The paper examines the equilibrium quality of mass market contract terms, such as those in end user ...
Internet contracts are increasingly part of the daily lives of most consumers. Consumers enter contr...
Everyone today interacts frequently with large online companies for a variety of purposes. We use so...
The aim of the American Law Institute\u27s new Principles of the Law of Software Contracts is to imp...
One of the most difficult problems in modem contract law is the status of standard terms-often calle...
Like transactions in the paper world, online consumer transactions are dominated by standard form co...
The development of the Internet as a medium for consumer transactions creates a new question for con...
Although assent is the doctrinal and theoretical hallmark of contract, its relevance for form contra...
Instead of promoting informed consumer assent through quixotic attempts to have consumers read ever-...