IDEAS home Printed from https://ideas.repec.org/a/oup/indcch/v5y1996i2p383-420.html
   My bibliography  Save this article

Revisiting Legal Realism: The Law, Economics, and Organization Perspective

Author

Listed:
  • Williamson, Oliver E

Abstract

Although American Legal realism fell on hard times, the objections of the Realists with legal formalism had substance earlier in the century and have substance today. As developed in this paper, there are many parallels between Legal Realism and older style institutional economics. Both failed for lack of operationalization. The New Institutional Economics works out of a law, economics, and organizations perspective and takes operationalization much more seriously. This same approach could be applied to the concerns of Legal Realism, bringing added value in the process. Copyright 1996 by Oxford University Press.

Suggested Citation

  • Williamson, Oliver E, 1996. "Revisiting Legal Realism: The Law, Economics, and Organization Perspective," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 5(2), pages 383-420.
    • Handle: RePEc:oup:indcch:v:5:y:1996:i:2:p:383-420
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Benito Arruñada, 2012. "Property as an economic concept: reconciling legal and economic conceptions of property rights in a Coasean framework," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 59(2), pages 121-144, July.
    2. Benito Arruñada, 2010. "Institutional Support of the Firm: A Theory of Business Registries," Working Papers 508, Barcelona School of Economics.
    3. Fatima Dirani & Tatiana Ponomarenko, 2021. "Contractual Systems in the Oil and Gas Sector: Current Status and Development," Energies, MDPI, vol. 14(17), pages 1-14, September.
    4. Bernard Baudry & Virgile Chassagnon, 2016. "The regulation of collective labour relationships : an assessment of the Oliver Williamson's private ordering-public ordering divide," Working Papers halshs-01371848, HAL.
    5. Damien Talbot, 2008. "Les institutions créatrices de proximités," Post-Print hal-00274270, HAL.
    6. Damien Talbot, 2008. "Les institutions créatrices de proximités. Institutions as creators of proximities," Revue d'économie régionale et urbaine, Armand Colin, vol. 0(3), pages 289-310.
    7. Siegwart Lindenberg, 2013. "Cognition and governance: why inventices have to take a back seat," Chapters, in: Anna Grandori (ed.), Handbook of Economic Organization, chapter 3, Edward Elgar Publishing.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:indcch:v:5:y:1996:i:2:p:383-420. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/icc .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.