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Chapter 1: The Importance Of Law In Promoting Innovation And Growth, Robert D. Cooter, Aaron Edlin, Robert Litan, George Priest
Chapter 1: The Importance Of Law In Promoting Innovation And Growth, Robert D. Cooter, Aaron Edlin, Robert Litan, George Priest
Robert Cooter
No abstract provided.
Three Effects Of Social Norms On Law: Expression, Deterrence, And Internalization, Robert D. Cooter
Three Effects Of Social Norms On Law: Expression, Deterrence, And Internalization, Robert D. Cooter
Robert Cooter
State organizations suffer from agency problems that preclude effective motivation of people by formal means alone. Social norms contribute to the effectiveness of state law. Aligning law with morality creates power synergies. I analysis three of them: expression (coordination by law and morality), justification (intrinsic motivation to do what is right) , and sanctions (material costs of wrongdoing).