
Open access
Date
2018Type
- Journal Article
ETH Bibliography
yes
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Abstract
Promises are a pervasive and important feature of real-world economic exchange situations. We investigate lay people’s intuitions of promise keeping. We study the effect of mutual promises, the dynamic of promising and performance over time, the effect of continuous as opposed to binary performance decisions, the effect of income, and the role the receipt of a promise plays on promise-keeping. Assuming that law serves as a backstop of moral intuitions, our results cast some light on the mutuality requirement, the doctrine of substantial performance, doctrines of divisible obligations, and doctrines of contract formation. Show more
Permanent link
https://doi.org/10.3929/ethz-b-000396994Publication status
publishedExternal links
Journal / series
PrincipiaPages / Article No.
Publisher
Jagiellonian University PressOrganisational unit
09629 - Stremitzer, Alexander / Stremitzer, Alexander
Related publications and datasets
Is new version of: https://doi.org/10.3929/ethz-b-000299596
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ETH Bibliography
yes
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