Construct · 1 fields · 1 citations

private ordering: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
privateordering1 CONSTRUCTPrivate orderingBERNSTEIN · LAW AND ECONOMICS

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Law and economics

governance of transactions by industry rules, norms and private tribunals that take the place of public law and courts.

In law and economics, private ordering refers to governance of transactions by industry rules, norms and private tribunals that take the place of public law and courts. This meaning comes from Bernstein (1992) in The Journal of Legal Studies.[1]

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Nearby constructs

extralegal contractual relations1 fields · 1 citationsanchor · a standalone constructgovernance4 fields · 5 citationsjingle · one word, four constructsindustry1 fields · 1 citationsanchor · a standalone construct

References

  1. Bernstein, L. (1992). Opting out of the Legal System: Extralegal Contractual Relations in the Diamond Industry. The Journal of Legal Studies, 21(1), 115-157. https://doi.org/10.1086/467902

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