The Evolution of Common Law

S-Tier
Journal: Journal of Political Economy
Year: 2007
Volume: 115
Issue: 1
Pages: 43-68

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We present a model of lawmaking by appellate courts in which judges influenced by policy preferences can distinguish precedents at some cost. We find a cost and a benefit of diversity of judicial views. Policy-motivated judges distort the law away from efficiency, but diversity of judicial views also fosters legal evolution and increases the law’s precision. We call our central finding the Cardozo theorem: even when judges are motivated by personal agendas, legal evolution is, on average, beneficial because it washes out judicial biases and renders the law more precise. Our paper provides a theoretical foundation for the evolutionary adaptability of common law.

Technical Details

RePEc Handle
repec:ucp:jpolec:v:115:y:2007:p:43-68
Journal Field
General
Author Count
2
Added to Database
2026-01-25