An Economic Analysis of Uniform State Laws
AbstractUniform laws proposed by the National Conference of Commissioners on Uniform State Laws (NCCUSL) cover virtually every area of state law. Yet there is no economic analysis of the NCCUSL's activities. This article addresses this gap in the literature by applying economic analysis to evaluate and explain the NCCUSL's activities and their success in state legislatures. We find that states efficiently sort between NCCUSL proposals in that they tend to adopt these proposals in which a cost-benefit analysis suggests that uniformity is efficient. Nevertheless, the NCCUSL's promulgates many laws in which uniformity is not efficient, and the NCCUSL's influence causes some of these proposals to be adopted. Our results suggest that, in many cases, reliance on federal law or on centralized lawmaking bodies such as the NCCUSL to produce uniformity may be both unnecessary and perverse. Copyright 1996 by the University of Chicago.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by University of Chicago Press in its journal Journal of Legal Studies.
Volume (Year): 25 (1996)
Issue (Month): 1 (January)
Contact details of provider:
Web page: http://www.journals.uchicago.edu/JLS/
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Smits, Jan, 2005. "Diversity of Contract Law and the European Internal Market," MPRA Paper 8192, University Library of Munich, Germany.
- Francisco GarcimartÃn AlfÃ©rez, 1999. "Regulatory Competition: A Private International Law Approach," European Journal of Law and Economics, Springer, vol. 8(3), pages 251-270, November.
- Baniak Andrzej & Grajzl Peter, 2011.
"Interjurisdictional Linkages and the Scope for Interventionist Legal Harmonization,"
Review of Law & Economics,
De Gruyter, vol. 7(2), pages 405-434, December.
- Andrzej Baniak & Peter Grajzl, 2010. "Interjurisdictional Linkages and the Scope for Interventionist Legal Harmonization," CESifo Working Paper Series 3085, CESifo Group Munich.
- Fernando Gomez & Juan Ganuza, 2012. "How to build European private law: an economic analysis of the lawmaking and harmonization dimensions in European private law," European Journal of Law and Economics, Springer, vol. 33(3), pages 481-503, June.
- Jan Smits, 2012. "Introduction to special issue: Harmonisation of contract law: an economic and behavioural perspective," European Journal of Law and Economics, Springer, vol. 33(3), pages 473-480, June.
- O’Connor, Erin O’Hara & Rutledge, Peter B., 2014. "Arbitration, the law market, and the law of lawyering," International Review of Law and Economics, Elsevier, vol. 38(S), pages 87-106.
- Aurélien Portuese, 2012. "Law and economics of the European multilingualism," European Journal of Law and Economics, Springer, vol. 34(2), pages 279-325, October.
- Garoupa, Nuno & Ogus, Anthony, 2003.
"A Strategic Interpretation of Legal Transplants,"
CEPR Discussion Papers
4123, C.E.P.R. Discussion Papers.
- Loeper, Antoine, 2011. "Coordination in heterogeneous federal systems," Journal of Public Economics, Elsevier, vol. 95(7), pages 900-912.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Journals Division).
If references are entirely missing, you can add them using this form.