Abstract
Ancient law can be analyzed using economic tools. With a renewed interest from the political class to make the ancient Laws of Manu (Manu’s Dharmaśāstra) more relevant to modern Indian law, the economic analysis of the Laws of Manu regarding contracts allows us to look at the issue from an efficiency standpoint. The paper will look at both regular contracts and marriage contracts. Surprisingly, many of the ancient laws are like the modern law of contracts especially in areas of contract breach. However, when considering marriage contracts, the bargaining position of men is stronger than women.
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Articles in the same Issue
- Frontmatter
- Research Articles
- A Game-Theoretic Analysis of the Sanctions for Breach of Duty to Disclose in Insurance Contracts: A Comparison of the “All or Nothing” and “Pro Rata” Methods
- Economics of Ancient Law: The Laws of Manu on Contracts
- Impact of Shorter Trial Periods in Medical Litigation
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- The Influence of the Code of Ethics and Corporate Ethical Values on the Ethical Judgment of Auditors: Evidence from Vietnam
- The Norms on Cross-Border Data Flows in the RCEP
- Erratum
- Erratum to: A Comparative Analysis of Emissions Trading Systems: Cost Efficiency and Environmental Jurisdictional Authority Overlap
Articles in the same Issue
- Frontmatter
- Research Articles
- A Game-Theoretic Analysis of the Sanctions for Breach of Duty to Disclose in Insurance Contracts: A Comparison of the “All or Nothing” and “Pro Rata” Methods
- Economics of Ancient Law: The Laws of Manu on Contracts
- Impact of Shorter Trial Periods in Medical Litigation
- Is Federalization a Corruption-Abatement Strategy in Developing Countries?
- The Influence of the Code of Ethics and Corporate Ethical Values on the Ethical Judgment of Auditors: Evidence from Vietnam
- The Norms on Cross-Border Data Flows in the RCEP
- Erratum
- Erratum to: A Comparative Analysis of Emissions Trading Systems: Cost Efficiency and Environmental Jurisdictional Authority Overlap