Tjin Tai, Eric Tjong --- "Networks and informal contract law" [2017] ELECD 1194; in Brownsword, Roger; van Gestel, A.J. Rob; Micklitz, Hans-W. (eds), "Contract and Regulation" (Edward Elgar Publishing, 2017) 235

Book Title: Contract and Regulation

Editor(s): Brownsword, Roger; van Gestel, A.J. Rob; Micklitz, Hans-W.

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781784710651

Section: Chapter 6

Section Title: Networks and informal contract law

Author(s): Tjin Tai, Eric Tjong

Number of pages: 22

Abstract/Description:

In the discussion between formal and informal contract law it is suggested that networks would benefit from informal contract law. This hypothesis is tested with the example of Dutch contract law, which is relatively informal. Three case studies are explored, which suggest that an informal contract law does remove certain barriers, but introduces other problems. Further doctrinal research is required in order to adequately facilitate networks. Solutions should not solely be looked for in additional rules, but rather in proportionate remedies and procedure-oriented communication structures. Keywords: networks, linked contracts, contract law, informal contract law