01
Ott
16

BOUNDED RATIONALITY OF HOMO CLASSIFICUS: THE LAW AND BIOECONOMICS OF SOCIAL NORMS AS CLASSIFICATION

See on Scoop.itBounded Rationality and Beyond

In the 1990s, law and economics scholars such as Robert Ellickson, Lisa Bernstein, Cass Sunstein, Richard McAdams, and Eric Posner, among others, focused their attention on the analysis of social norms as an altemative to law in regulating social behavior.1 This led Lawrence Lessig to name the 1990s law and norms literature as the “New Chicago School” (“NCS”) and Ellickson as its founder.2 But the origin of the new law and economics literature on social norms dates back to the early 1980s, when I published a series of three papers on social norms embedded in the “ethnically homogeneous middleman group” (“EHMG”). 3 These norms serve as an alternative to contract law for the enforcement of contracts under conditions of contract uncertainty where the legal framework is not well developed.4 In addition, I published a paper on primitive contract law that focused on the Kula Ring, a gift-exchange system operating in the stateless societies in Papua New Guinea, which functioned to facilitate intertribal regional trade. 5

See on scholarship.kentlaw.iit.edu



Time is real? I think not

ottobre: 2016
L M M G V S D
« Set    
 12
3456789
10111213141516
17181920212223
24252627282930
31  

Commenti recenti

Inserisci il tuo indirizzo e-mail per iscriverti a questo blog e ricevere notifiche di nuovi messaggi per e-mail.

Segui assieme ad altri 833 follower

Latest Tweets

Alessandro Cerboni


%d blogger cliccano Mi Piace per questo: