Social Norms, Nonlegal Sanctions, and the Law (Economic Approaches to Law)

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9781845424954: Social Norms, Nonlegal Sanctions, and the Law (Economic Approaches to Law)
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The unifying premise of the literature on law and social norms is, to quote Posner (law, U. of Chicago), "the conviction that forms of order, including cooperation, exist without government enforcement, and that the existence of these forms of order poses problems and opportunities for formal legal regulation." In putting together this retrospective of the field, he favored earlier and more influential articles and those that have direct application to the law (as opposed to much of the work done by economists) and avoided works with heavy formalized modeling. His sixteen selections are grouped into sections covering general theories, norms and efficiency, business custom, judicial applications, and empirical and historical work. Annotation 2007 Book News, Inc., Portland, OR (booknews.com)

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Edited by Eric A. Posner, Kirkland and Ellis Professor of Law, University of Chicago, US

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