This thorough and detailed book provides a comprehensive analysis
of the various ways in which laws and rules are produced and lays
the foundations for a more systematic understanding of lawmaking as
a production process. Leading scholars and experts provide coverage
and insight on key issues such as the optimal specificity and
timing of legal intervention, the nature of expressive law, the
production of customary law, and the effect of social norms and
social stigma on legal compliance. The original essays shed new
light on important issues concerning the institutional design of
lawmaking through the lens of economic analysis and public choice
theory, and together form an important reference tool. This
state-of-the-art resource forms part of the Encyclopedia of Law and
Economics, and will appeal strongly to researchers and postgraduate
students from both law and economics backgrounds.
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