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Norms and the Law

In: Handbook of Law and Economics

Author

Listed:
  • McAdams, Richard H.
  • Rasmusen, Eric B.

Abstract

Everyone realizes the importance of social norms as guides to behavior and substitutes for law, but coming up with a paradigm for analyzing norms has been surprisingly difficult, as has systematic empirical study. In this chapter we survey the topic.

Suggested Citation

  • McAdams, Richard H. & Rasmusen, Eric B., 2007. "Norms and the Law," Handbook of Law and Economics, in: A. Mitchell Polinsky & Steven Shavell (ed.), Handbook of Law and Economics, edition 1, volume 2, chapter 20, pages 1573-1618, Elsevier.
    • Handle: RePEc:eee:lawchp:2-20
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    Keywords

    law and education;

    JEL classification:

    • K - Law and Economics

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