A constitutional structure that prioritizes consensual exchange is more likely to sustain a cooperative venture for mutual advantage.

See ROBUST POLITICAL ECONOMY AND THE PRIORITY OF MARKETS by Mark Pennington. Published in July 2017 Social Philosophy and Policy 34(01):1-24.

"Abstract: This essay offers a “nonideal” case for giving institutional priority to markets and private contracting in the basic structure of society. It sets out a “robust political economy” framework to examine how different political economic regime types cope with frictions generated by the epistemic limitations of decision-makers and problems of incentive incompatibility. Focusing on both efficiency arguments and distributive justice concerns the essay suggests that a constitutional structure that prioritizes consensual exchange is more likely to sustain a cooperative venture for mutual advantage."