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Autopoetic social systems theory: the co-evolution of law and the economy

dc.contributor.authorLourenço, Ana
dc.date.accessioned2012-03-23T10:16:28Z
dc.date.available2012-03-23T10:16:28Z
dc.date.issued2010
dc.description.abstractThis paper explores the relationship between regulation and contracts from the point of view of autopoietic social systems theory. Building on the notions of contract as a structure of governance, and of regulation as a system of rules intended to govern the behaviour of its subjects that involves standard setting, monitoring and enforcement, the paper discusses the contributions of Teubner (1993), Collins (1999) and Deakin (2002) for understanding the relationship between the legal and the economic subsystems in society. The paper argues that regulation and contracts coevolve:the influence of regulation upon contracts is mediated by the system of shared meanings that the contract develops and, reciprocally, the influence of contracts on regulation depends on each regulatory element’s own network of communications. The paper concludes that reflexive regulatory strategies, by facilitating the emergence of shared meanings, may be more successful in governing the behaviour of economic actors. However, given the disturbances involved in the process of co-evolution, this is not straightforward.por
dc.description.versionN/A
dc.identifier.citationLOURENÇO, Ana - Autopoetic social systems theory: the co-evolution of law and the economy. Working Paper. N.º 409 (2010) 28 p. Available on-line at "CBR" : http://www.econ.cam.ac.uk/cgi-bin/cbr_wp3.pl?conf_file=cbr.conf&terms=&series=camdae&criteria=none&boolean=AND&case=Insensitivepor
dc.identifier.urihttp://hdl.handle.net/10400.14/8198
dc.language.isoengpor
dc.publisherUniversity of Cambridgepor
dc.relationCIT3-CT-2005-513420
dc.subjectAutopoiesispor
dc.subjectReflexive lawpor
dc.subjectDecentred regulationpor
dc.titleAutopoetic social systems theory: the co-evolution of law and the economypor
dc.typeworking paper
dspace.entity.typePublication
oaire.citation.issue409
person.familyNameLourenço
person.givenNameAna
person.identifierU-9739-2017
person.identifier.ciencia-id131A-1F71-7EEB
person.identifier.orcid0000-0003-1629-4595
person.identifier.ridU-9739-2017
person.identifier.scopus-author-id35897370400
rcaap.rightsrestrictedAccesspor
rcaap.typeworkingPaperpor
relation.isAuthorOfPublication4b75ad3b-5b0c-4911-b362-1d2fb429a109
relation.isAuthorOfPublication.latestForDiscovery4b75ad3b-5b0c-4911-b362-1d2fb429a109

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