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Spencer Williams, associate professor of law at Golden Gate University, joins the Business Scholarship Podcast to discuss his article Contracts as Systems. In this article, Williams considers complex-systems theory, which has its origins in fields like engineering, computer science, ecology, and economics, and extends it to contracts. In doing so he adds to a literature challenging reductionist interpretation of contract terms and offers a new account of contractual complexity that turns on interactions between individual contract terms.
This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.