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Cited by 481

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 access
Cooter, Robert·1998·The Journal of Legal Studies

Abstract

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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Crossref · 10.1086/468036

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Metadata

Authors
Cooter, R.
Venue
The Journal of Legal Studies
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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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.