LEADER 05489nam 2201069 a 450 001 9910457275203321 005 20200520144314.0 010 $a1-283-30333-7 010 $a9786613303332 010 $a1-4008-4137-2 024 7 $a10.1515/9781400841370 035 $a(CKB)2550000000057205 035 $a(EBL)787356 035 $a(OCoLC)758334120 035 $a(SSID)ssj0000637700 035 $a(PQKBManifestationID)11375126 035 $a(PQKBTitleCode)TC0000637700 035 $a(PQKBWorkID)10685761 035 $a(PQKB)11605859 035 $a(SSID)ssj0001482267 035 $a(PQKBManifestationID)12496226 035 $a(PQKBTitleCode)TC0001482267 035 $a(PQKBWorkID)11508852 035 $a(PQKB)11742230 035 $a(MiAaPQ)EBC787356 035 $a(OCoLC)769188189 035 $a(MdBmJHUP)muse37041 035 $a(DE-B1597)447961 035 $a(OCoLC)979579592 035 $a(OCoLC)984687360 035 $a(DE-B1597)9781400841370 035 $a(PPN)195537432$9sudoc 035 $a(PPN)18795884X 035 $a(Au-PeEL)EBL787356 035 $a(CaPaEBR)ebr10504761 035 $a(CaONFJC)MIL330333 035 $a(EXLCZ)992550000000057205 100 $a20031210d2004 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aLawlessness and economics$b[electronic resource] $ealternative modes of governance /$fAvinash K. Dixit 205 $aCourse Book 210 $aPrinceton, N.J. $cPrinceton University Press$dc2004 215 $a1 online resource (182 p.) 225 1 $aGorman lectures in economics 300 $a"Second printing, and first paperback printing, 2007."--T.p. verso. 311 $a0-691-11486-2 311 $a0-691-13034-5 320 $aIncludes bibliographical references (p. [155]-161) and index. 327 $t Frontmatter -- $tContents -- $tPreface -- $t1. Economics With and Without the Law -- $t2. Private Ordering in the Shadow of the Law -- $t3. Relation-Based Contract Enforcement -- $t4. Profit-Motivated Contract Enforcement -- $t5. Private Protection of Property Rights -- $t6. Conclusion -- $tReferences -- $tIndex -- $tThe Gorman Lectures in Economics / $rBlundell, Richard 330 $aHow can property rights be protected and contracts be enforced in countries where the rule of law is ineffective or absent? How can firms from advanced market economies do business in such circumstances? In Lawlessness and Economics, Avinash Dixit examines the theory of private institutions that transcend or supplement weak economic governance from the state. In much of the world and through much of history, private mechanisms--such as long-term relationships, arbitration, social networks to disseminate information and norms to impose sanctions, and for-profit enforcement services--have grown up in place of formal, state-governed institutions. Even in countries with strong legal systems, many of these mechanisms continue under the shadow of the law. Numerous case studies and empirical investigations have demonstrated the variety, importance, and merits, and drawbacks of such institutions. This book builds on these studies and constructs a toolkit of theoretical models to analyze them. The models shed new conceptual light on the different modes of governance, and deepen our understanding of the interaction of the alternative institutions with each other and with the government's law. For example, one model explains the limit on the size of social networks and illuminates problems in the transition to more formal legal systems as economies grow beyond this limit. Other models explain why for-profit enforcement is inefficient. The models also help us understand why state law dovetails with some non-state institutions and collides with others. This can help less-developed countries and transition economies devise better processes for the introduction or reform of their formal legal systems. 410 0$aGorman lectures in economics. 606 $aEconomic policy 606 $aCorporate governance 606 $aContracts 606 $aRight of property 606 $aCorporation law 606 $aBusiness enterprises$xLaw and legislation 606 $aInternational cooperation 606 $aCorporate governance$zDeveloping countries 606 $aContracts$zDeveloping countries 606 $aRight of property$zDeveloping countries 606 $aCorporation law$zDeveloping countries 606 $aBusiness enterprises$xLaw and legislation$zDeveloping countries 607 $aDeveloping countries$xEconomic policy 608 $aElectronic books. 615 0$aEconomic policy. 615 0$aCorporate governance. 615 0$aContracts. 615 0$aRight of property. 615 0$aCorporation law. 615 0$aBusiness enterprises$xLaw and legislation. 615 0$aInternational cooperation. 615 0$aCorporate governance 615 0$aContracts 615 0$aRight of property 615 0$aCorporation law 615 0$aBusiness enterprises$xLaw and legislation 676 $a330.1 686 $aQD 050$2rvk 700 $aDixit$b Avinash K$0117279 702 $aBlundell$b Richard, $4ctb$4https://id.loc.gov/vocabulary/relators/ctb 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910457275203321 996 $aLawlessness and economics$9740478 997 $aUNINA