Show this thread
is there a pithy law & economics term for “the law as various observers believe it to be” vs what it actually is in practice?
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
The premise of your question is fatally flawed. See Robert Ellickson, Order without Law. The law *is* what it is believed to be.
-
I’m asking about how the law & economics model treats this, is that what you’re answering?
- 3 more replies
New conversation -
-
-
De jure / de facto?
-
not quite because this is about mistakes about both
- 5 more replies
New conversation -
-
-
If you ask the law what it is, it has to tell you
-
hahaha YES
End of conversation
New conversation -
-
-
"Folk law" may be something like what you mean, if not exactly.
-
this but different layers of remove have different sets of folk laws re: a domain
End of conversation
New conversation -
-
-
i believe economics calls this a "lemon"
-
opposite of a "cherry"
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.