Social Norms and the Law: Why Peoples Obey the Law
The Review of Law and Economics, Forthcoming
47 Pages Posted: 22 Dec 2008
Date Written: December 22, 2008
Abstract
This paper explores the relations between law and social norms and in particular, the case of legal compliance in groups. Specifically, this paper argues that the rule of law is a social norm interfacing the formal institutions of society with the informal ones. As social institutions, norms should also be analyzed at the societal level - a level of analysis that neo-classical economic accounts have failed to address due to fundamental premises of current economic theory. Theories developed in psychology provide a good working framework for social norm analysis in general and of legal compliance (rule of law) in particular. Extant evidence is consistent with the present argument.
Keywords: social norms, law, culture, rule of law
JEL Classification: K00, Z1, Z13
Suggested Citation: Suggested Citation
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