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Full-Text Articles in Law

The Tuna Court: Law And Norms In The World's Premier Fish Market, Eric Feldman Jan 2006

The Tuna Court: Law And Norms In The World's Premier Fish Market, Eric Feldman

Faculty Scholarship at Penn Law

Legal scholars have long emphasized the corrosive impact of conflict on long-term commercial and interpersonal relationships. To minimize the negative consequences of such conflict, members of close-knit groups who anticipate future interactions create ways of resolving their disputes with reference to internal group norms rather than relying on state-mandated legal rules. From farmers in California’s Shasta County to jewelers in midtown Manhattan and neighbors in Sanders County, the literature describes people who create norms of conflict management that are faster and less expensive than relying on formal law, and lessen the harm that conflict causes to their relationships. This ...


The Best Puffery Article Ever, David A. Hoffman Jan 2006

The Best Puffery Article Ever, David A. Hoffman

Faculty Scholarship at Penn Law

This Article provides the first extensive legal treatment of an important defense in the law of fraud and contracts: puffery. Legal authorities commonly say they make decisions about whether defendants should be able to utter exaggerated, optimistic, lies based on assumptions about buyer behavior, concluding that consumers do not rely on such speech. However, as the Article shows, such analyses are proxies for a deeper analytical question: does the speech encourage or discourage a type of consumption activity that the court deems welfare maximizing? The Article presents a novel constitutional analysis of puffery doctrine that focuses on the meaning of ...