Crettez, Bertrand; Deffains, Bruno; Musy, Olivier - In: International Review of Law and Economics 39 (2014) C, pp. 20-27
We develop a 2-country model of legal dynamics in which each country's social welfare depends generally on its actual law, its culturally ideal one, its technologically efficient one and the actual law of the other country. In our model, countries are better off when all these laws coincide....