Section I distinguishes custom from authority in the context of an examination of the spontaneous evolution of customary commercial law in early medieval Europe, a period when authority had virtually no influence. Since then, however , the evolution of commercial law has generally invlved an interplay between custom and authoritarian legislation by kings, parliaments, and courts. Section II explores evolutionary consequences of authoritarian influences on European and especially English commercial law.
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Paper provided by Department of Economics, Florida State University in its series Working Papers with number
1996_09_04.
Find related papers by JEL classification: K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
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