Just Price Theory: Historical Perspectives and Contemporary Insights
Just Price Theory: Historical Perspectives and Contemporary Insights

Administrative / Constitutional Law › Law

Just Price Theory: Historical Perspectives and Contemporary Insights

Edited by Matías Petersen · Joaquín Reyes
Routledge November 2025

Specifications

ISBN-13
9781032805177
Publisher
Routledge
Publication
November 2025
Format
Hardback
Jurisdiction
U.K. ? Countri(es) for reference only

Details

This book presents an interdisciplinary approach to just price theory, focusing on the conceptual and normative (moral, legal, and political) implications of the concept of the just price. This volume brings together world-leading experts in the fields of political and legal philosophy to explore the political economy of justice in pricing and socio-legal aspects surrounding the idea of just prices. Divided in two parts, the first set of essays explores the relevance of various normative criteria that might serve as a benchmark for assessing market prices from the standpoint of justice. The second part of the book addresses some of the institutional factors that are relevant in discussions about justice in pricing, exploring the role that legal and social norms play in evaluating whether market institutions are justice-preserving or not.

Perfect for scholars and students in the fields of jurisprudence, ethics, political philosophy, philosophy of economics, and private law theory.

Table of Contents

Introduction
Joaquín Reyes and Matías Petersen
Chapter 1: Economics and the Virtue of Justice
James Gordley
Chapter 2: Bad Paretianism, or: Why Some Goods Don’t Have a Just Price
Savriël Dillingh
Chapter 3: Price, Risk, and Exploitation
Julian D. Jonker
Chapter 4: Wage Exploitation and the Metric of Fairness
Stanislas Richard
Chapter 5: In Search of the Wrongdoer Behind Unjust Prices
Aditi Bagchi
Chapter 6: The Grammar of the Price: The Relevance of the Unit of Account
Gissella López
Chapter 7: Practices, Institutions, and Justice in pricing
Joaquín Reyes and Matías Petersen
Chapter 8: Durkheim’s Sociological Concept of the “Just Price”
Jean–François Colomban
Chapter 9: The Just Price in Saga-Period Iceland and the Gray Goose laws
Åsbjørn Melkevik
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