Law, Economics, and Evolutionary Theory: State of the Art and Interdisciplinary Perspectives

26 Pages Posted: 24 Apr 2010 Last revised: 26 Oct 2014

Peer C. Zumbansen

King’s College London, Dickson Poon Transnational Law Institute

Gralf-Peter Calliess

University of Bremen - Faculty of Law

Date Written: April 23, 2010

Abstract

This paper is the introduction essay to an edited collection entitled “Law, Economics, and Evolutionary Theory”, forthcoming with Edward Elgar. The volume brings together work by legal scholars, economists, historians and sociologists and aims at a critical investigation of the parallel and often competing theoretical architectures of legal and economic governance from an evolutionary perspective. By reconstructing discussions in law over the relationship between legal realism, law & society, and law & economics, and in economics over the merits and prospects of institutional and neo-institutional economics from an evolutionary perspective, the introduction argues that a theory of governance must today build on and incorporate the developments in both of these regulatory disciplines. Contributions from evolutionary theory and sociology, in particular in the important field of economic sociology, provide a fresh perspective on the particular dynamics of disciplinary development. Authors to the volume include Marc Amstutz, Amitai Aviram, Bruce Benson, Gralf-Peter Calliess, Fabio Carvalho, Paul David, Simon Deakin, Bart Du Laing, Martina Eckardt, Thráinn Eggertsson, Jörg Freiling, Wolfgang Kerber, Richard McAdams, Joel Mokyr, Eric Posner, Moritz Renner, Erich Schanze, Jan Smits and Mauro Zamboni.

Keywords: Law, Economics, Evolutionary Theory, Economic Sociology, Institutional Economics, Economic Governance, Evolutionary Economics, Regulation, Path-Dependency, Embeddedness, Social Norms

JEL Classification: K30

Suggested Citation

Zumbansen, Peer C. and Calliess, Gralf-Peter, Law, Economics, and Evolutionary Theory: State of the Art and Interdisciplinary Perspectives (April 23, 2010). Osgoode CLPE Research Paper No. 10/2010. Available at SSRN: https://ssrn.com/abstract=1595158

Peer C. Zumbansen (Contact Author)

King’s College London, Dickson Poon Transnational Law Institute ( email )

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London, WC2R 2LS
United Kingdom

Gralf-Peter Calliess

University of Bremen - Faculty of Law ( email )

Universitaet Bremen
Fachbereich Rechtswissenschaft
D - 28353 Bremen
Germany
+49-421-218-66207 (Phone)
+49-421-218-66212 (Fax)

HOME PAGE: http://www.handelsrecht.uni-bremen.de/

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