Institutional convergence and competition

  title={Institutional convergence and competition},
  author={Mich{\`e}le Schmiegelow and Henrik Schmiegelow},
  • Michèle Schmiegelow, Henrik Schmiegelow
  • Published 2014
  • Political Science
  • Evidence collected from 64 countries confirms the comparative law theory of a convergence between common law and civil law. Yet, institutional competition between the two legal traditions continues as assumed by legal origins theory (LOT). Ideally, it drives convergence. Reviews on both substantive and procedural levels, however, infirm LOT’s assertion that common law is economically superior to civil law. Learning in law and economics occurs in both directions. While the traditional… CONTINUE READING

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