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Although legal informatics is on the periphery of jurisprudence, it can make a significant impact on the centre in respect of legal dogmatics. We believe that the impact from legal informatics can be reached through situational legal visualisation and situational terms, for example, by...
Persistent link: https://www.econbiz.de/10014127890
Originally, behavioral law and economics was an exercise in exploring the implications of key findings from behavioral economics (and psychology) for the analysis and reform of legal institutions. Yet as the new discipline matures, it increasingly replaces foreign evidence by fresh evidence,...
Persistent link: https://www.econbiz.de/10014161485
Originally, behavioral law and economics was an exercise in exploring the implications of key findings from behavioral economics (and psychology) for the analysis and reform of legal institutions. Yet as the new discipline matures, it increasingly replaces foreign evidence by fresh evidence,...
Persistent link: https://www.econbiz.de/10009692661
The various subdisciplines within the emerging ‘new institutionalism’ in economics all draw special attention to the legal-political constraints within which economic and political agents choose. By changing the name of his research programme to Constitutional Political Economy Buchanan...
Persistent link: https://www.econbiz.de/10014178205
This paper looks to explore the effects of James Buchanan's book Cost and Choice since its publication. I discuss how Cost and Choice has had a limited impact on the treatment of welfare economics within Law & Economics. I then elaborate on Buchanan's discussion to highlight other issues within...
Persistent link: https://www.econbiz.de/10012858691
People consume because others consume, maintained Veblen in 1899. More recently, theoretical, empirical and experimental articles have argued that people constantly compare themselves to their environments and care greatly about their relative positions.Given that competition for positions may...
Persistent link: https://www.econbiz.de/10012932618
The argument of this paper reduces to two key propositions. First, legal rules differ where technologies and endowments are similar. Second, diversity matters, in the sense that it exercises an independent influence on economic structure and rates of economic growth, and in ways that have not...
Persistent link: https://www.econbiz.de/10014219438
Persistent link: https://www.econbiz.de/10013260029
According to expressive law theories, expression of values is an important function played by the law. Expressive laws affect behavior, not by threatening sanctions or promising rewards, but by changing individual preferences and tastes and, in some cases, by affecting social norms and values....
Persistent link: https://www.econbiz.de/10010286368
This paper explores the relations between law and social norms and in particular, the case of legal compliance in groups. Specifically, this paper argues that the rule of law is a social norm interfacing the formal institutions of society with the informal ones. As social institutions, norms...
Persistent link: https://www.econbiz.de/10014211859