ABSTRACT. Trebilcock and Leng address the extent to which political theorizing about the role and structure of private law applies universally, or whether such theorizing is highly contingent on context-specific political, cultural, and social values and practices. Wiener Katz observes that the growth of electronic commerce reflects changes in the relative importance of various institutional transaction costs, such as the costs of information and of searching for contractual partners. Hatzis contends that the underdevelopment of the economic analysis of Civil law should not be taken to signify that Civil law is not amenable to economic analysis or that it is inefficient, or less efficient than Common law.




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