Image for "A Theory of Contract Law" (book by Robert C. Ellickson)

"A Theory of Contract Law" (book by Robert C. Ellickson)

"A Theory of Contract Law" by Robert C. Ellickson explores how the law governing agreements develops based on social norms and practical needs, rather than just written rules. He argues that contracts often function through informal expectations and community practices that help parties coordinate and resolve disputes efficiently. Ellickson emphasizes that legal rules are shaped by societal behaviors and relationships, making contract law adaptable and context-sensitive. Overall, the book offers a nuanced view of contract law as a system that balances formal legal standards with the informal social practices that underpin everyday agreements.