Arbeitspapier

Evolutionary approaches to legal change

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.

Language
Englisch

Bibliographic citation
Series: Thünen-Series of Applied Economic Theory - Working Paper ; No. 47

Classification
Wirtschaft
Current Heterodox Approaches: Historical; Institutional; Evolutionary
Current Heterodox Approaches: Austrian
Legal Procedure, the Legal System, and Illegal Behavior: General
Capitalist Systems: Political Economy
Subject
Evolutionary Economics
Law and Economics
Judge-made Legal Change
Legislation
Technological Change
Path Dependence

Event
Geistige Schöpfung
(who)
Eckardt, Martina
Event
Veröffentlichung
(who)
Universität Rostock, Institut für Volkswirtschaftslehre
(where)
Rostock
(when)
2004

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Eckardt, Martina
  • Universität Rostock, Institut für Volkswirtschaftslehre

Time of origin

  • 2004

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