Posiciones legales y complementariedades institucionales
Legal positions (such as rights, duties, liberties, powers, liabilities and immunities) are linked together by strong institutional complementarities that differ from the usual institutional complementarities that have been recently considered in economic literature. Legal positions not only satisfy the usual conditions of institutional complementarity stemming from the fact that legal positions that “fit” together are marginally better than those that do not. They also define legal equilibria characterized by the social scarcity constraint that is typical of positional goods.
Volume (Year): 5 (2003)
Issue (Month): 9 (July-December)
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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Pagano, Ugo, 2000.
"Public markets, private orderings and corporate governance,"
International Review of Law and Economics,
Elsevier, vol. 20(4), pages 453-477, December.
- Ugo Pagano, 2000. "Public Markets, Private Orderings and Corporate Governance," Working Papers wp166, Centre for Business Research, University of Cambridge.
- Geoffrey M. Hodgson, 1998. "The Approach of Institutional Economics," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 166-192, March.
- Milgrom, Paul & Roberts, John, 1990. "Rationalizability, Learning, and Equilibrium in Games with Strategic Complementarities," Econometrica, Econometric Society, vol. 58(6), pages 1255-1277, November.
- Pagano, U, 1983. "Profit Maximization, Industrial Democracy and the Allocation of Labour," The Manchester School of Economic & Social Studies, University of Manchester, vol. 51(2), pages 159-183, June.
- Pagano, Ugo & Rowthorn, Robert, 1994. "Ownership, technology and institutional stability," Structural Change and Economic Dynamics, Elsevier, vol. 5(2), pages 221-242, December.
- Ugo Pagano, 1999. "The Origin of Organizational Species," Working Papers wp118, Centre for Business Research, University of Cambridge. Full references (including those not matched with items on IDEAS)
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