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Roman law on the just price in Nicolaus Bernoulli's Mathematics

Abstract:
It must be rare that discoveries which transform mathematics also undermine legal rules. Yet this is precisely what happened when probability was first developed in the second half of the seventeenth century and the first decades of the following one. The focus of this article is a doctoral thesis in law written in 1709 by Nicolaus Bernoulli, an important mathematician of the age. He highlighted the dramatic implications of the new mathematics of probability for a rule which was fundamental to contemporary contract law in continental Europe. This article reconstructs a remarkable story about the place of mathematics in the history of contractual justice and the place of contractual justice in the history of mathematics.
Publication status:
Published
Peer review status:
Peer reviewed

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Files:
Publisher copy:
10.1093/ojls/gqae040

Authors


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Institution:
University of Oxford
Division:
SSD
Department:
Law
Oxford college:
Christ Church
Role:
Author


Publisher:
Oxford University Press
Journal:
Oxford Journal of Legal Studies More from this journal
Publication date:
2024-12-05
Acceptance date:
2024-09-02
DOI:
EISSN:
1464-3820
ISSN:
0143-6503


Language:
English
Keywords:
Pubs id:
2026288
Local pid:
pubs:2026288
Deposit date:
2024-09-27

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