Chapter

Law from Order: Economic Development and the Jurisprudence of Social Norms

Robert D. Cooter

in A Not-so-dismal Science

Published in print January 2000 | ISBN: 9780198294900
Published online November 2003 | e-ISBN: 9780191596728 | DOI: http://dx.doi.org/10.1093/0198294905.003.0010
 Law from Order: Economic Development and the Jurisprudence of Social Norms

Show Summary Details

Preview

Considers how social norms affect the respective roles of private and public sectors. It is shown how private‐market interaction can sometimes give rise to social norms that are better than those that would arise through an initiative from a local government, so that the government at its best, sometimes codifies, strengthens, and enforces a social norm emerging from a private sector that shares in the task of enforcing this norm.

Keywords: economic development; private sector; public sector; social norms

Chapter.  6433 words.  Illustrated.

Subjects: Economic Systems

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.