Published online by Cambridge University Press: 09 April 2021
Is it possible to reduce the topic of ‘Economics and Private Law Institutions’ to three core ideas? This chapter cannot even summarize, let alone substitute for a treatise on law and economics or on new institutional economics (see fn. 16). Three developments – and their founding texts as well as their contexts – stand out, however, as the foundations of the relationship between economics and private law (theory).