Law Commons^™

The Economics Of Standardized Contracts, Enrico Baffi

enrico baffi

There are basically four characteristic features of mass contracting: the reduced negotiations, the dissemination of standard form contracts, the presence of abusive clauses and the recapitulation of the contract and its execution in a single act of stipulation. a) The reduction in negotiations is the result first of all of the costs that this activity requires and of the costs required to manage personalised contracts; secondly, this reduction is the consequence of the greater advantage of mass-produced goods compared to personalised goods; thirdly and lastly, it also derives from the limit of the range of possible clauses that can be …