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The attenuation of legal change

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  • Luigi Alberto Franzoni

Abstract

This chapter, forthcoming in the Research Handbook on Law and Time (F. Fagan & S. Levmore eds., Edward Elgar 2024), offers a contribution to the economics of legal transition. It argues that the lawmaker should mitigate the burden generated by the risk of legal change by avoiding extreme decisions. The chapter puts the attenuation policy in perspective and compares it to other transition tools.

Suggested Citation

  • Luigi Alberto Franzoni, 2024. "The attenuation of legal change," Working Papers wp1191, Dipartimento Scienze Economiche, Universita' di Bologna.
    • Handle: RePEc:bol:bodewp:wp1191
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    File URL: http://amsacta.unibo.it/7578/1/WP1191.pdf
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    References listed on IDEAS

    as
    1. Luigi Alberto Franzoni, 2022. "Prevention Policy in an Uncertain Environment," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 178(2), pages 105-129.
    2. Steven Shavell, 2014. "Risk Aversion and the Desirability of Attenuated Legal Change," American Law and Economics Review, American Law and Economics Association, vol. 16(2), pages 366-402.
    3. Steven Shavell, 2014. "Risk Aversion and the Desirability of Attenuated Legal Change," NBER Working Papers 19879, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)

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