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Post by Sapphire Capital on Feb 5, 2009 5:17:42 GMT 4
Social Norms and the Law: Why Peoples Obey the Law Amir N. Licht Interdisciplinary Center Herzliyah - Radzyner School of Law; European Corporate Governance Institute (ECGI) The Review of Law and Economics, Forthcoming 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. papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1319242_code43182.pdf?abstractid=1319242&mirid=5
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