Discovery Projects - Grant ID: DP0774419

Funding Activity

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Funded Activity Summary

Models of contract law: are broad principles better than detailed rules? Empirical confirmation that broad principles work better than detailed rules could lead to many economic and social benefits- it would supply a key to simplifying the law; contracts would be shorter and simpler, reducing the costs of doing business; contract disputes and litigation would be reduced, saving public and private expense; decision-making would be more accountable and transparent, improving the quality of justice; codifying the law would be more feasible; and harmonising Australian contract law with that of our international trade partners would be facilitated. The project thus has the potential to contribute to strengthening Australia's social and economic fabric (Priority Goal 4 of National Research Priority 2).

Funded Activity Details

Start Date: 01-02-2007

End Date: 31-12-2009

Funding Scheme: Discovery Projects

Funding Amount: $124,000.00

Funder: Australian Research Council