The Law and Economics of Legal Parochialism

17 Pages Posted: 23 Apr 2011

See all articles by Nuno Garoupa

Nuno Garoupa

George Mason University - Antonin Scalia Law School, Faculty

Date Written: April 1, 2011

Abstract

Law and economics is influential in American legal scholarship, but not as much elsewhere. Different explanations have been suggested for this. In this Article, I argue that the problems faced by law and economics outside of the United States are neither particular to the field nor to the local context. I offer an interpretation based on the similarities between legal parochialism and trade protectionism. A tentative prediction is that globalization in legal markets might change the current patterns.

Suggested Citation

Garoupa, Nuno, The Law and Economics of Legal Parochialism (April 1, 2011). University of Illinois Law Review, 2011; Illinois Program in Law, Behavior and Social Science Paper No. LBSS11-19. Available at SSRN: https://ssrn.com/abstract=1816782

Nuno Garoupa (Contact Author)

George Mason University - Antonin Scalia Law School, Faculty ( email )

3301 Fairfax Drive
Arlington, VA 22201
United States

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