Understanding the origins of formal and informal institutions of cooperation and regulation and their long-lasting impact on market exchange and technological investment is one of the most pressing questions in law, economics and history. Accordingly, despite the different angles considered by...

The law and the economy are deeply influenced, in a great part of the world, by either the civil or the common law tradition. These two bundles of institutions emerged in Europe during the medieval period, were spread internationally through colonization and imitation, and operate in different...

Overwhelming evidence suggests that a “culture of cooperation,” which is the implicit reward from cooperating in any economic activity, represents one of the most successful humanly devised social structures. Yet, our understanding of its determinants and impact is still limited. To clarify...