Economics Dictionary of ArgumentsHome
| |||
|
| |||
| Author | Concept | Summary/Quotes | Sources |
|---|---|---|---|
|
Emanuela Carbonara on Path Dependence - Dictionary of Arguments
Parisi I 469 Path dependence/social norms/Carbonara: Fairness: The interplay of honor, stigma, and the law is often responsible Parisi I 470 for the perpetuation of such rules. Banabou and Tirole (2011)(1) show how such forces, together with the expressive power of the law, may explain why people resist legal changes that would enhance efficiency and lead to more “effective” laws. Societies tend to renounce cruel and unusual punishments, even if potentially very effective, to express the value they attribute to being civilized. Similar forces may explain the resilience to change discriminatory norms, as this might undermine the current design of institutions or reduce job availability for people belonging to dominant social groups. >Social norms, >Laws, >Efficiency, >Civilization. 1. Banabou, R. and J. Tirole (2011). “Laws and Norms.” NBER Working Paper 17579. Emanuela Carbonara. “Law and Social Norms”. In: Parisi, Francesco (ed) (2017). The Oxford Handbook of Law and Economics. Vol 1: Methodology and Concepts. NY: Oxford University._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
Carbonara, Emanuela Parisi I Francesco Parisi (Ed) The Oxford Handbook of Law and Economics: Volume 1: Methodology and Concepts New York 2017 |
||
> Counter arguments against Carbonara
> Counter arguments in relation to Path Dependence
