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Evolutionary Approaches to Legal Change

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Author Info
Martina Eckardt (University of Rostock)

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Abstract

Institutions matter both for long-term economic evolution as well as for more short-termed economic performance. The law is particularly important in shaping the institutional framework for economic activities. This paper gives an overview of typical evolutionary explanations of legal change, i.e. the generation and dissemination of legal innovations over time. The main actors, the key determinants, and the central mechanisms are identified. In addition to approaches which deal primarily with statutory respectively judge-made legal change, the concept of legal paradigms and path dependence, the co-evolution of law and technology and the impact of institutional competition on legal change are discussed.

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File URL: http://www.wiwi.uni-rostock.de/fileadmin/Institute/VWL/VWL-Institut/RePEc/pdf/wp047thuenen.pdf
File Format: application/pdf
File Function: First version, 2004
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Publisher Info
Paper provided by University of Rostock, Institute of Economics, Germany in its series Thuenen-Series of Applied Economic Theory with number 47.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 31 pages
Date of creation: 2004
Date of revision:
Handle: RePEc:ros:wpaper:47

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Related research
Keywords: Evolutionary Economics; Law and Economics; Judge-made Legal Change; Legis- lation; Technological Change; Path Dependence;

Find related papers by JEL classification:
B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Institutional; Evolutionary
B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General
P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism

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References listed on IDEAS
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