A Law and Economics Perspective on Legal Families

22 Pages Posted: 17 Jul 2012 Last revised: 7 Aug 2013

See all articles by Nuno Garoupa

Nuno Garoupa

George Mason University - Antonin Scalia Law School, Faculty

Mariana Pargendler

Fundação Getulio Vargas Law School at São Paulo; New York University School of Law; European Corporate Governance Institute

Date Written: July 12, 2012

Abstract

In this paper, we review the economics of legal families. We describe the non-economic perspectives on the rise and decline of legal families in comparative law. At the same time, we summarize the main critiques to the premises, methods, and conclusions of the legal origins literature. We relate this discussion to the hypothesis of the efficiency of the common law and its shortcomings. We conclude the paper with possible methodological goals for future research in this field.

Suggested Citation

Garoupa, Nuno and Pargendler, Mariana, A Law and Economics Perspective on Legal Families (July 12, 2012). The Methodologies of Law and Economics, T. Ulen, ed., Edward Elgar, 2013; Illinois Program in Law, Behavior and Social Science Paper No. LBSS13-01; Illinois Public Law Research Paper No. 13-11. Available at SSRN: https://ssrn.com/abstract=2104443

Nuno Garoupa (Contact Author)

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

3301 Fairfax Drive
Arlington, VA 22201
United States

Mariana Pargendler

Fundação Getulio Vargas Law School at São Paulo ( email )

R. Rocha, 233, Bela Vista
São Paulo, 01330-000
Brazil

New York University School of Law ( email )

40 Washington Square South
New York, NY 10012-1099
United States

European Corporate Governance Institute ( email )

c/o ECARES ULB CP 114
B-1050 Brussels
Belgium

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