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
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Englisch
- Bibliographic citation
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Series: Thünen-Series of Applied Economic Theory - Working Paper ; No. 47
- Classification
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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
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Evolutionary Economics
Law and Economics
Judge-made Legal Change
Legislation
Technological Change
Path Dependence
- Event
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Geistige Schöpfung
- (who)
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Eckardt, Martina
- Event
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Veröffentlichung
- (who)
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Universität Rostock, Institut für Volkswirtschaftslehre
- (where)
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Rostock
- (when)
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2004
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Eckardt, Martina
- Universität Rostock, Institut für Volkswirtschaftslehre
Time of origin
- 2004