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- W2049277736 abstract "Can two promises add up to an agreement? Not according to Margaret Gilbert.' She has forcefully challenged the orthodox view that an agreement is an exchange of promises. It seems, however, that the exchanges of promises she considers are exchanges only in an attenuated sense of the word. There is a fuller sense, I suggest, in which exchanges of promises do comprise agreements. This is the sense in which a trade is an exchange. Just as a trade is an exchange of goods, so an agreement, at least in typical cases, is an exchange of promises. To make her case, Gilbert takes up a series of progressively modified examples designed to illustrate what is essential to the obligations created by agreements. She focuses on two-person agreements on acts, in which each party undertakes a performance obligation. As illustrated by an example in which Mike and Jane agree that he is to walk Fido at three and she is to feed him at five, the two obligations are created simultaneously and are interdependent.2 Gilbert argues that no sort of promise-exchange can yield the obligations of an agreement and yet satisfy the simultaneity and interdependence criteria. In some cases the obligations are not interdependent, because each would exist even if the other did not; in particular, default on one would not" @default.
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- W2049277736 date "1995-04-01" @default.
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- W2049277736 title "Terms of Agreement" @default.
- W2049277736 doi "https://doi.org/10.1086/293729" @default.
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