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English

ID: <

10670/1.mz92l0

>

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Four and Half Centuries of New (New) Law and Economics: Legal Pragmatism, Discreet Joint Regulation and Institutional Capture at the Commercial Court of Paris
Disciplines

Abstract

Social oversight and regulation of entrepreneurial and commercial activities have always involved an unbalanced three-way competition for influence between the State, the business world (companies and their institutional representatives) and consumers. This struggle is growing more intense in a market society centred around organizations. External (i.e. State) regulation and market self-regulation (primarily by the business world) are usually studied separately in the social sciences, and this leads to a grossly oversimplified understanding of the social organization of business, and hence of market society as a whole (...).

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