Open Access. Powered by Scholars. Published by Universities.®

Law Commons

Open Access. Powered by Scholars. Published by Universities.®

Series

UF Law Faculty Publications

Antitrust

Common Law

Articles 1 - 1 of 1

Full-Text Articles in Law

Rethinking The Efficiency Of The Common Law, D. Daniel Sokol Jan 2020

Rethinking The Efficiency Of The Common Law, D. Daniel Sokol

UF Law Faculty Publications

This Article shows how Posner and other scholars who claimed that common law was efficient misunderstood the structure of common law. If common law was more efficient, there would have been a noticeable push across most, if not all, doctrines to greater efficiency. This has not been the case. Rather, common law, better recast as a “platform,” could, under a certain set of parameters, lead to efficient outcomes. Next, the Article’s analysis suggests that while not every judge thinks about efficiency in decision-making, there must be some architectural or governance feature pushing in the direction of efficiency — which exists ...