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Transaction Cost and Communication: A Theory of Institutional Change, Applied to the Case of Patent Law

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Law and Economics and the Economics of Legal Regulation

Part of the book series: International Studies in Economics and Econometrics ((ISEE,volume 13))

Abstract

In part 2, I will sketch a theory which is capable of handling the methodological problems one encounters in explaining the production of institutions. Two basic propositions are developed. In part 3,1 will apply the theory to explain changes in the patent law, using one specific case study and the outlines of a few other cases to demonstrate the validity of the propositions. Part IV offers a few inferences that may be drawn from the exercise.

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© 1986 Martinus Nijhoff Publishers

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Hutter, M. (1986). Transaction Cost and Communication: A Theory of Institutional Change, Applied to the Case of Patent Law. In: von der Schulenburg, JM.G., Skogh, G. (eds) Law and Economics and the Economics of Legal Regulation. International Studies in Economics and Econometrics, vol 13. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-4442-8_6

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  • DOI: https://doi.org/10.1007/978-94-009-4442-8_6

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-8476-5

  • Online ISBN: 978-94-009-4442-8

  • eBook Packages: Springer Book Archive

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