Law & Health Weekly
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Behavior
New behavior research from University of Wisconsin described
January 17th, 2009
According to recent research from the United States, "A long line of research, beginning with Macaulay's (1963) well-known study of ''Non-Contractual Relations in Business,'' suggests that the formal trappings of domestic law often have effects on private behavior that are, at best, ''indirect, subtle, and ambiguous'' (Macaulay 1984:155). Law and society scholars have spent somewhat less time exploring whether international law's effects on behavior are similarly attenuated." "In this article I examine whether foreign investors take the presence of strong formal international legal protections into account when deciding where to invest. I focus on whether the presence...
Source: Law & Health Weekly (2009-01-17)
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