This is our Introduction to the forthcoming book Precontractual Liability in European Private Law. In the Introduction we explain the aim and method of our project. In particular, we defend the common core method against its critics as a legitimate method for conducting comparative legal research

It has been suggested recently by several scholars that the ideas of Friedrich von Hayek should play a prominent role in shaping the future of European private law. This paper examines what we can learn from Hayek for the further development of European contract law. Hayek rightly underlines...