Law as Standardizing System

Stig J°rgenson
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Stig J°rgenson: Department of Jurisprudence, University of Aarhus, Arhus C., Denmark

Homo Oeconomicus, 1997, vol. 14, 411-416

Abstract: The point of this paper is to demonstrate that historically law is one of the oldest standardizing systems for the simple reason that no society can exist without a social organization directed by customary and later by formal statute laws. Law and legal institutions are preconditions of the functioning of technology and commerce, and in modern times national and international standardizations are based upon legally imposed standards, i.e. measure, weight, trade laws, and standard form contracts. In recent years international market organizations have taken over harmonizing role of international conventions and agreed documents, e.g. EU, GATT, etc.

Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:hom:homoec:v:14:y:1997:p:411-416

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