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Between law and markets: is there a role for culture and ethics in financial regulation?

Abstract:

The limits of markets as mechanisms for constraining socially suboptimal behavior are well documented. Simultaneously, conventional approaches toward the law and regulation are often crude and ineffective mechanisms for containing the social costs of market failure. So where do we turn when both law and markets fail to live up to their social promise? Two possible answers are culture and ethics. In theory, both can help constrain socially undesirable behavior in the vacuum between law and mar...

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Publication status:
Published
Peer review status:
Peer reviewed

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Institution:
University of Oxford
Division:
Social Sciences Division
Department:
Law
Role:
Author
Publisher:
Delaware Law School Publisher's website
Journal:
Delaware Journal of Corporate Law Journal website
Volume:
38
Issue:
1
Pages:
191-191
Publication date:
2013-01-01
ISSN:
0364-9490
Source identifiers:
601137
Keywords:
Pubs id:
pubs:601137
UUID:
uuid:064ac9a9-12d3-4258-b78c-15d3de36c0a0
Local pid:
pubs:601137
Deposit date:
2017-11-16

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