The DOI matches its Crossref record; 3 of the 3 references it cites were found in a registry or an index.
Expressive Law And Economics
Open accessAbstract
This article develops an economic theory of expressive law. By expressing social values, law can tip a system of social norms into a new equilibrium. This process can create or destroy a social norm without changing individual values. In addition, law can change the individual values of rational people. Internalizing a social norm is a moral commitment that attaches a psychological penalty to a forbidden act. A rational person internalizes a norm when commitment conveys an advantage relative to the original preferences and the changed preferences. I call such a commitment a Pareto self-improvement. By creating opportunities for Pareto self-improvements, law induces rational people to change their preferences. Inducing change in this way respects individual preferences, rather favoring a particular moral theory.
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Cites
Tyler, T. R. (2006) · doi:10.1515/9781400828609 · Cited by 5,156
An economic theory of self-control.
Thaler, R. H., & Shefrin, H. M. (1981) · Journal of Political Economy · doi:10.1086/260971 · Cited by 2,203
Becker, G. S. (1996) · doi:10.4159/9780674020658 · Cited by 1,379
Cited by
Psychological foundations of incentives
Fehr, E., & Falk, A. (2002) · European Economic Review · doi:10.1016/s0014-2921(01)00208-2 · Cited by 1,240
More order with less law: On contract enforcement, trust and crowding
Bohnet, I., Frey, B. S., & Huck, S. (2001) · American Political Science Review · doi:10.1017/s0003055401000211 · Cited by 391
Cultural variation: Considerations and implications.
Cohen, D. (2001) · Psychological Bulletin · doi:10.1037/0033-2909.127.4.451 · Cited by 267
Benabou, R., & Tirole, J. (2011) · doi:10.3386/w17579 · Cited by 227
“Do the right thing:” The effects of moral suasion on cooperation
Dal Bó, E., & Dal Bó, P. (2014) · Journal of Public Economics · doi:10.1016/j.jpubeco.2014.05.002 · Cited by 157
Metadata
- Authors
- Cooter, R.
- Venue
- The Journal of Legal Studies
- Publisher
- University of Chicago Press
- Published
- 1998-06
- Volume
- 27
- Issue
- S2
- Pages
- 585-607
- ISSN
- 0047-2530 (ISSN-L)
- 1537-5366
- OpenAlex
- W3123138226
- Cited by
- 481
- References
- 3
- FWCI
- 34.30
- Type
- journal article
- Language
- en
- Open access
- green
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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