Law and Philosophy

, Volume 3, Issue 2, pp 281–297 | Cite as

Natural advantages and contractual justice

  • Larry Alexander
  • William Wang


Anthony Kronman has argued that libertarians cannot distinguish non-arbitrarily between legitimate and illegitimate advantage-taking in contractual relations except by reference to a liberal, wealth-redistributive standard Kronman calls “paretianism.” We argue to the contrary that libertarians need not concede that any advantage-taking in contracts is legitimate and thus need not be liberal “paretians” with respect to advantage-taking.


Social Issue Contractual Relation Natural Advantage Contractual Justice 
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Copyright information

© D. Reidel Publishing Company 1984

Authors and Affiliations

  • Larry Alexander
    • 1
  • William Wang
    • 2
  1. 1.School of LawUniversity of San DiegoSan DiegoU.S.A.
  2. 2.University of CaliforniaHastings College of the LawSan FranciscoU.S.A.

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