Legal Origins and the Efficiency Dilemma

Legal Origins and the Efficiency Dilemma
Author :
Publisher : Routledge
Total Pages : 230
Release :
ISBN-10 : 9781315311197
ISBN-13 : 1315311194
Rating : 4/5 (97 Downloads)

Book Synopsis Legal Origins and the Efficiency Dilemma by : Nuno Garoupa

Download or read book Legal Origins and the Efficiency Dilemma written by Nuno Garoupa and published by Routledge. This book was released on 2016-12-08 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists advise that the law should seek efficiency. More recently, it has been suggested that common law systems are more conducive of economic growth than code-based civil law systems. This book argues that there is no theory to support such statements and provides evidence that rejects a 'one-size-fits-all' approach. Both common law and civil law systems are reviewed to debunk the relationship between the efficiency of the common law hypothesis and the alleged inferiority of codified law systems. Legal Origins and the Efficiency Dilemma has six aims: explaining the efficiency hypothesis of the common law since Posner’s 1973 book; summarizing the legal origins theory in the context of economic growth; debunking their relationship; discussing the meaning of 'common law' and the problems with the efficiency hypothesis by comparing laws across English speaking jurisdictions; illustrating the shortcomings of the legal origins theory with a comparative law and economics analysis; and concluding there is no theory and evidence to support the economic superiority of common law systems. Based on previous pieces by the authors, this book expands their work by including new areas of analysis (such as trusts), detailing previous analysis (such as French law versus common law in the areas of contract, property and torts), and updating for recent developments in the academic discourse. This volume is of interest to academics and students who study microeconomics, comparative law and foundations of law, as well as legal policy analysts.


Legal Origins and the Efficiency Dilemma Related Books

Legal Origins and the Efficiency Dilemma
Language: en
Pages: 230
Authors: Nuno Garoupa
Categories: Business & Economics
Type: BOOK - Published: 2016-12-08 - Publisher: Routledge

DOWNLOAD EBOOK

Economists advise that the law should seek efficiency. More recently, it has been suggested that common law systems are more conducive of economic growth than c
Convergence and Divergence of Private Law in Asia
Language: en
Pages: 589
Authors: Gary Low
Categories: Law
Type: BOOK - Published: 2022-02-24 - Publisher: Cambridge University Press

DOWNLOAD EBOOK

There have been an increasing need for greater integration of many Asian economies, either within the confines of ASEAN or on a more geo-economically strategic
Handbook of Energy Law in the Low-Carbon Transition
Language: en
Pages: 618
Authors: Giuseppe Bellantuono
Categories: Law
Type: BOOK - Published: 2023-05-22 - Publisher: Walter de Gruyter GmbH & Co KG

DOWNLOAD EBOOK

The low-carbon transition is ongoing everywhere. This Handbook, written by a group of senior and junior scholars from six continents and nineteen countries, exp
Comparative Law
Language: en
Pages: 531
Authors: Mathias Siems
Categories: Law
Type: BOOK - Published: 2018-04-12 - Publisher: Cambridge University Press

DOWNLOAD EBOOK

Comparative Law offers a thorough grounding in the subject for students and scholars of comparative law alike, critically debating both traditional and modern a
Failures of American Methods of Lawmaking in Historical and Comparative Perspectives
Language: en
Pages: 367
Authors: James Maxeiner
Categories: Law
Type: BOOK - Published: 2018-03-08 - Publisher:

DOWNLOAD EBOOK

What Americans sought -- What Americans got : deranged laws -- What Americans can do : improve legal methods.