Nicola Gennaioli
Universita' Bocconi

Gennaioli

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(Thursday, 21st May 2009)

Title : Economic Models of Legal Evolution

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This lecture presents two approaches to modelling the causes and consequences of legal evolution. The first model focuses on the over-time evolution of tort rules, the second model on the over-time evolution of a contractual transaction.

Bibliographical references :

Nicola Gennaioli and Andrei Shleifer. (2007) The Evolution of Common Law. Journal of Political Economy 115:1, 43-68.

Nicola Gennaioli and Enrico Perotti (2009), Standardized Enforcement: Access to Justice vs Legal Innovation, working paper.

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