The Quarterly Journal of Economics · 2002 · 650 citations · 10 references
Social SciencesEconomicsComparative Legal HistoryEconomic HistoryFinancial EconomicsLegal SystemsRules Of OriginLaw And EconomicsLegal EvolutionLegal Origin EffectsLegal Origins Theory
A central requirement in the design of a legal system is the protection of law enforcers from coercion by litigants through either violence or bribes. The higher the risk of coercion, the greater the need for protection and control of law enforcers by the state. Such control, however, also makes law enforcers beholden to the state, and politicizes justice. This perspective explains why, starting in the twelfth and thirteenth centuries, the relatively more peaceful England developed trials by independent juries, while the less peaceful France relied on state-employed judges to resolve disputes. It may also explain many differences between common and civil law traditions with respect to both the structure of legal systems and the observed social and economic outcomes.
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Florencio López‐de‐Silanes, Andrei Shleifer, Robert W. Vishny · Journal of Political Economy · 1998 · 18.1K citations
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Florencio Lopez-de-Silanes, Andrei Shleifer, Robert W. Vishny · The Journal of Finance · 1997 · 2.3K citations
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Rules versus Standards: An Economic Analysis
Louis Kaplow · Duke Law Journal · 1992 · 793 citations · Full text
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