For an exchange to be euvoluntary it must satisfy: common-law contract conditions (age, competence, full information/no fraud, conventions of ownership and transfer), no later regret (no time-inconsistency or compulsion), no externalities affecting non-consenting parties, and no duress or force.

definitionpending

Speaker

Mike Munger

Evidence Quote

we need the common-law conditions for contract you have to be of age you have to be competent there have to be you have to be informed so there's no fraud

Source

Mike Munger on Exchange, Exploitation and Euvoluntary Transactions 06/20/2011EconTalk
Created: 6/17/2026, 10:09:19 AM

My Notes

Loading notes...