University of Illinois Law Review
Law and economics is influential in U.S. legal scholarship, but not as much elsewhere. Different explanations have been suggested for this. In this Article, I argue that the problems faced by law and economics outside of the United States are neither particular to the field nor to the local context. I offer an interpretation based on the similarities between legal parochialism and trade protectionism. A tentative prediction is that globalization in legal markets might change the current patterns.
The Law and Economics of Legal Parochialism,
U. Ill. L. Rev.
Available at: https://scholarship.law.tamu.edu/facscholar/369