On October 18th, 2011 CodeX - The Stanford Center for Legal Informatics sponsored the event, "Computable Contracts" at Stanford Law School.
A contract is a promise, voluntarily undertaken, that is enforceable under the law. A computable contract is a contractual obligation that has been formulated such that a computer system can both interpret and determine whether the obligation has been complied with. This Article explores the theory and concept of computable contracts and their increasing impact on the law. Such computable contractual obligations offer advantages over traditional written obligations, including efficiency of compliance assessment, and detection of contradictory legal obligations.
For more info visit: http://www.law.stanford.edu/calendar/details/5853/
This is Professor Harry Surden from the University of Colorado Law School.
For more information on this topic, please see earlier published work, "The Variable Determinacy Thesis"
Complaw1 4 months ago in playlist CodeX: The Stanford Center for Legal Informatics