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dc.contributor.authorHodgson, G.
dc.date.accessioned2011-11-24T15:01:04Z
dc.date.available2011-11-24T15:01:04Z
dc.date.issued2009-01-01
dc.identifier.citationHodgson , G 2009 , ' On the institutional foundations of law : The insufficiency of custom and private ordering ' , Journal of Economic Issues , vol. 43 , no. 1 , pp. 143-166 . https://doi.org/10.2753/JEI0021-3624430107
dc.identifier.issn0021-3624
dc.identifier.otherPURE: 459780
dc.identifier.otherPURE UUID: 9805917d-788e-48bc-8021-409a52cabe3d
dc.identifier.otherWOS: 000264173400007
dc.identifier.otherScopus: 67650792739
dc.identifier.urihttp://hdl.handle.net/2299/7129
dc.descriptionOriginal article can be found at: http://www.mesharpe.com Copyright ME Sharp [Full text of this article is not available in the UHRA]
dc.description.abstractSome theorists propose that systems of law largely arise spontaneously, as an extension of customary rules. At most, the role of the state is to endorse customary laws and add some minimal general rules. Some see no essential difference between custom and law. By contrast, this paper argues that law has properties that cannot be reduced to custom or private ordering alone. Customary mechanisms are insufficient to explain adherence to complex systems of law. Furthermore, law proper arose when customs were violated and some higher adjudication was required. We require an explanation of how a system of complex legal rules may be enforced, and why people often obey laws in the absence of obvious incentives or disincentives. Laws and their enforcement depend on stratified social structures within the framework of the state.en
dc.format.extent24
dc.language.isoeng
dc.relation.ispartofJournal of Economic Issues
dc.subjectlaw
dc.subjectcustom
dc.subjectprivate ordering
dc.subjectthe state
dc.subjectspontaneous order
dc.subjectFriedrich Hayek
dc.titleOn the institutional foundations of law : The insufficiency of custom and private orderingen
dc.contributor.institutionDepartment of Accounting, Finance and Economics
dc.contributor.institutionSocial Sciences, Arts & Humanities Research Institute
dc.contributor.institutionHertfordshire Business School
dc.description.statusPeer reviewed
rioxxterms.versionVoR
rioxxterms.versionofrecordhttps://doi.org/10.2753/JEI0021-3624430107
rioxxterms.typeJournal Article/Review
herts.preservation.rarelyaccessedtrue


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