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dc.contributor.authorEllickson, Robert
dc.date2021-11-25T13:34:39.000
dc.date.accessioned2021-11-26T11:44:15Z
dc.date.available2021-11-26T11:44:15Z
dc.date.issued1998-01-01T00:00:00-08:00
dc.identifierfss_papers/407
dc.identifier.contextkey1618799
dc.identifier.urihttp://hdl.handle.net/20.500.13051/3524
dc.description.abstractAlthough Ronald Coase, Guido Calabresi, Richard Posner, and the other founders of classical law and economics accomplished much, they exaggerated the role of law in the overall system of social control and, conversely, underestimated the importance of socialization and the informal enforcement of social norms. They also implicitly placed too much stress on individuals' hunger for material, as opposed to status, rewards. The upsurge in the 1990s of scholarly interest in socialization, norms, and status does not threaten the demise of classical law and economics but rather promises to enrich it.
dc.titleLaw and Economics Discovers Social Norms
dc.source.journaltitleFaculty Scholarship Series
refterms.dateFOA2021-11-26T11:44:15Z
dc.identifier.legacycoverpagehttps://digitalcommons.law.yale.edu/fss_papers/407
dc.identifier.legacyfulltexthttps://digitalcommons.law.yale.edu/cgi/viewcontent.cgi?article=1406&context=fss_papers&unstamped=1


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