What is the role of law in a society in which order is maintained mostly through social norms, trust, and nonlegal sanctions? Eric Posner argues that social nor

In an era where new areas of life and new problems call for normative solutions while the plurality of values in society challenge the very basis for normative

The Oxford Handbook of Law and Economics applies the theoretical and empirical methods of economics to the study of law. Volume 2 surveys Private and Commercial

This book proposes the study of norms as a method of explaining human choice and behaviour by introducing a new scientific perspective. The science of norms may

Social norms are rules that prescribe what people should and should not do given their social surroundings and circumstances. Norms instruct people to keep thei