Regression Models for Addressing Questions in European Contract Law

The binary logistic regression models presented in this section form the main part of the empirical research addressed in this book. The models are used to estimate the main parameters of the Cycle of European Contract Law model with a view to predicting and describing the effects that introducing an optional European contract law would have on contracting behaviour in the European Internal Market. The binary logistic regression models help to do this by providing data that can be taken as a basis for characterising the supporters of a European contract law, the supporters of a European civil justice system and the users of the existing optional contract laws and to explain the motivations and interests of these businesses. In the final part of this book these results are used to evaluate the arguments for and against a possible optional European contract law and the different options for its implementation in European contract law.