Professor Harry Surden of the University of Colorado has posted Computable Contracts – Part 2 , at Concurring Opinions .
Here is a summary of the post:
This is the second part of a series explaining “computable contracts.” For more about what a computable contract is, please see the first part here.
[...] The goal of this second part is to explain the intuition behind how an ordinary contract can become a computable contract.
Three Steps to Computable Contracting
There are three steps to creating a computable contract:
- Data-Oriented Contracting
- Semantic Contract terms
- Automated assessment of contract terms
I will discuss each of these steps in turn. [...]
For details, please see the complete post.
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