On the Complementarity between Law and Social Norms

2015 ◽  
Vol 11 (3) ◽  
Author(s):  
Atsushi Tsuneki ◽  
Yoshinobu Zasu
Keyword(s):  
Social Norms ◽  
Multiple Equilibria ◽  
Social Benefit ◽  
Enforcement Cost ◽  
Long Run ◽  
Legal Sanctions ◽  
The Law ◽  
The Government ◽  
Community Sanctions ◽  
The Relationship

AbstractThis article aims to clarify the relationship between the law and social norms and examine how they interact – whether the law completely replaces, or coexists with, the pre-existing social norms. We model a close-knit society consisting of injurers and victims, assuming that both the law and social norms maximize social welfare and that the costs of enforcing legal penalties are greater than those of enforcing social norms. We find that social norms completely replace the law, even in a non-cooperative Nash equilibrium; we then develop exceptions to this result. In particular, when community sanctions for violating social norms are calibrated without consideration of its marginal social benefit due to a reduction in law enforcement cost, our model can have multiple equilibria, including cases in which legal sanctions persist even in the long run, in spite of their inefficiently high enforcement costs. However, we also show that this possibility of an inefficient non-cooperative equilibrium can be eliminated if the government behaves as a Stackelberg leader for the formation of social norms.

scholarly journals COVID-19 Pandemic and Micro, Small and Medium Enterprises (MSMEs): Policy Response for Revival

2020 ◽  
Vol 47 (3) ◽  
pp. 213-228
Author(s):  
Minaketan Behera ◽  
Sanghamitra Mishra ◽  
Niharika Mohapatra ◽  
Alok Ranjan Behera
Keyword(s):  
Small And Medium Enterprises ◽  
Economic Activities ◽  
Fiscal Stimulus ◽  
Indian Economy ◽  
Long Run ◽  
Market Linkage ◽  
The Government ◽  
Medium Enterprises ◽  
High Degree ◽  
The Relationship

The outburst of COVID-19 has not only distressed the economic and social activities of Indian economy but also the world economy as a whole. Out of different economic activities, the micro, small and medium Enterprises (MSMEs) affected a lot. This article attempts to measure the contribution of MSMEs towards Indian economy and also attempts to find out the challenges and problems in pre- and during COVID period. We have used different descriptive statistics to measure the impacts of MSMEs and also use of correlation and co-integration to measure the relationship among the variables such as number of MSMEs, investment amount, employment and output. This pandemic is an exceptional shock for MSMEs. It is evident that there is a high degree of significant positive correlation among the variables. Johansen’s co-integration analysis resulted in the rejection of the null hypothesis signifying the existence of long-run co-integrating relationship. Given the extensive COVID-19 chaos, the government needs to establish an ongoing monitoring system and declare urgent relief steps to improve the MSMEs sector’s confidence. E-market linkage for MSMEs should be promoted, and fiscal stimulus should increase for this sector. The Government of India should take various measures to improve Indian MSMEs and achieve the vision of Self-reliant India.

scholarly journals Moderating Effect of Political Instability on ICT and Economic Growth Nexus in Kenya: ARDL Bound - Co-Integration Approach

2021 ◽  
Vol 04 (10) ◽  
Author(s):  
Matundura Erickson ◽  
Keyword(s):  
Economic Growth ◽  
Political Instability ◽  
Political Stability ◽  
Moderating Effect ◽  
High Interest ◽  
Long Run ◽  
The Government ◽  
The Impact ◽  
Adf Test ◽  
The Relationship

The government has attempted to target specific macroeconomic factors in order to stimulate economic growth in Kenya through monetary and fiscal policies. Despite these efforts, Kenya's GDP growth is hampered by high interest rates and high interest rate volatility. Kenya's ability to address macroeconomic instability hinges on its ability to increase economic growth. Auxiliary evidence shows that perspectives on the relationship between ICT and economic growth are segmented. The goal of this study was to determine the impact of ICT on economic growth in Kenya, as well as the moderating effect of political instability on the relationship. The research was based on Solow's theory of growth. An explanatory research design was used, with data spanning from 1990-2020 obtained from Kenya Bureau of Statistics. In the empirical analysis, the study used the bound test to test for a long-run relationship and the Autoregressive Distributed Lag model (ARDL) to evaluate the relationship between the variables. The data was subjected to an Augmented Dickey Fuller (ADF) test to determine stationarity.The long run ARDL results indicated that the coefficients of; ICT rate were insignificant . However with the introduction of political instability as the moderator ICT was significant and positively affected economic growth. Political instability moderated the relationship between ICT ( and economic growth. As a result, promoting effective governance should help to improve political stability. The findings of this study will help the government figure out how to address the problem of low economic growth. According to the study, the government should invest in the ICT sector to improve its accessibility and affordability. Additionally, the government should work to improve political stability and good governance by gradually establishing institutions that uphold the rule of law and provide security.

PENGUJIAN WAGNER'S LAW VERSUS KEYNESIAN HYPOTHESIS: PENDEKATAN REGIONAL INDONESIA

2021 ◽  
Vol 2 (2) ◽  
pp. 181-193
Author(s):  
Esti Pasaribu ◽  
Septriani Septriani
Keyword(s):  
Government Expenditure ◽  
Granger Causality Test ◽  
Empirical Theory ◽  
Causality Test ◽  
Wagner’S Law ◽  
Long Run ◽  
Wagner's Law ◽  
The Government ◽  
The Relationship ◽  
Positive Effect

In this paper, we tested the Wagner’s Law against the Keynesian Hypothesis for Indonesia using granger causality test. After conducting theoretical and empirical theory, this paper is analysing the relationship between government expenditure and GDP percapita. The long run parameters and causality test found valid Wagners’ Law in Indonesia not Keynesian Hypothesis. The results reveal a positive and statistically significant long run effect running from economic growth toward the government expenditure refer to Wagner’s Law in Indonesia. Further more, the growth of population is giving a positive effect for government expenditure also.

15. Contracts

2021 ◽  
pp. 599-644
Author(s):  
Timothy Endicott
Keyword(s):  
Service Providers ◽  
Administrative Law ◽  
Government Contracts ◽  
Public Agencies ◽  
New Model ◽  
Legal Relationship ◽  
The People ◽  
The Law ◽  
The Government ◽  
The Relationship

Contracts are used to structure the legal relationship between government and private service providers. Contract also forms a new model both for relationships between public agencies and for the relationship between the government and the people it serves. The challenge for the government is to deliver services with integrity, with equity, and with efficiency. The challenge for administrative law is to provide forms of accountability that do what the law can do to promote those goals. This chapter discusses government by contract and proportionate administration, accountability and efficiency, capacity to contract, and how the law controls government contracts.

Why Does Intimate Deception Work?

2019 ◽  
pp. 49-76
Author(s):  
Jill Elaine Hasday
Keyword(s):  
Social Norms ◽  
Privacy And Security ◽  
The Law ◽  
Almost All ◽  
The Relationship

This chapter considers why deceivers often succeed in duping their intimates. Judges frequently blame deceived intimates for having been fooled, but detecting intimate deception can be very difficult. First, almost all of us have much less ability to spot deception than we may like to imagine. Second, powerful social norms discourage the investigation of intimates. Third, it is often difficult or impossible to mount an investigation without the investigation itself jeopardizing or ending the relationship because the investigated person finds out about it. Practical realities often preclude reconnaissance without the subject’s knowledge. Moreover, the law prohibits—for legitimate and important reasons—many forms of research into someone else’s life without the subject’s consent. It is deeply ironic for courts to fault plaintiffs for not swiftly uncovering intimate deception when laws protecting privacy and security make investigating a potentially deceptive intimate without that intimate’s consent much more difficult.

15. Contracts

2018 ◽  
Author(s):  
Timothy Endicott
Keyword(s):  
Service Providers ◽  
Administrative Law ◽  
Government Contracts ◽  
Public Agencies ◽  
New Model ◽  
Legal Relationship ◽  
The People ◽  
The Law ◽  
The Government ◽  
The Relationship

Contracts are used to structure the legal relationship between government and private service providers. Besides this, contract also forms a new model both for relationships between public agencies, and for the relationship between the government and the people it serves. The challenge for the government is to deliver services with integrity, with equity, and with efficiency. The challenge for administrative law is to provide forms of accountability that do what the law can do to promote those goals. This chapter discusses government by contract and proportionate administration, accountability and efficiency, capacity to contract, and how the law controls government contracts.

Electronic Surveillance for the Public Good

2007 ◽  
pp. 100-113
Author(s):  
Liz Lee-Kelley ◽  
Ailsa Kolsaker
Keyword(s):  
Public Good ◽  
Central Government ◽  
Electronic Surveillance ◽  
The Public ◽  
Surveillance Technology ◽  
Self Interest ◽  
The Law ◽  
The Government ◽  
The Uk ◽  
The Relationship

The central government in the UK is determined to employ new surveillance technology to combat the threat of terrorist activities. This chapter contributes to the important debate on the relationship between citizens and the government, by discussing not whether electronic surveillance should be used, but rather, when it is acceptable to the populace. From our analysis, we conclude that a reconciliation of state-interest and self-interest is critical for the success of e-governance; as such, electronic surveillance’s mission has to be about serving the law-abiding majority and their needs, and its scope and benefits must be clearly understood by the visionaries, implementers and the citizenry.

Leaving Lenin: Elites, official ideology and monuments in the Kyrgyz Republic

2013 ◽  
Vol 41 (4) ◽  
pp. 606-621 ◽  
Author(s):  
Sally N. Cummings
Keyword(s):  
Capital City ◽  
Kyrgyz Republic ◽  
Official Ideology ◽  
Bronze Statue ◽  
Collapse Of Communism ◽  
The Law ◽  
The Government ◽  
Regional Authorities ◽  
The Relationship ◽  
Former Soviet Republics

Many Lenin monuments remain in cities around the former Soviet republics and a few national or regional authorities have decreed it against the law to deface or remove them. The Lenin monument in Bishkek, capital city of the Kyrgyz Republic, is an example of both policies. On two main counts, however, the fate of this particular bronze statue of Vladimir Ilyich Lenin has been unusual. Only in the Kyrgyz case was the country's central Lenin monument left untouched for over a decade after the collapse of communism, a decree for its preservation as a national treasure being put in force as late as 2000. And, when, in 2003, the government after all decided to remove the monument, it was then relocated only some 100 yards from its original location. These twin issues of timing and new spatial framing offer a window on the relationship between state ideology and politics in the Kyrgyz Republic. I propose to use an official ideology approach to understand the Kyrgyz ruling elite's ideological relationship to the Lenin monument after the collapse of communism.

scholarly journals Debt Servicing and Sectoral Economic Growth in Kenya

2018 ◽  
Vol 5 (3) ◽  
pp. 100
Author(s):  
Brenda Molonko ◽  
Ambrose Jagongo ◽  
Job Omagwa
Keyword(s):  
Economic Growth ◽  
Fixed Effects ◽  
Moderating Effect ◽  
National Bureau ◽  
Study Objective ◽  
Significance Level ◽  
Long Run ◽  
The Government ◽  
Panel Stationarity ◽  
The Relationship

The study objective was toestablish the effect of debt servicing on sectoral economic growth as well as the moderating effect of inflation on the relationship between debt servicing and sectorial economic growth in Kenya. The study employed Auto Regressive Distributed Lag model. Eleven sectors that receive government expenditure were analyzed while adopting positivist philosophy and a causal research design. The Study period covered the year 2006 to the 2015.Secondary data for the study period were collected from Statistical Abstracts of Kenya National Bureau of Statistics and Debt Servicing Reports from Kenya National Treasury. Panel Stationarity Test and Heterogeneity Test were conducted as preliminary tests whereas Hausman Test was carried out to choose efficient estimator from Pooled Mean Group, Dynamic Fixed Effects and Mean Group Estimators. The study established that in the long run, debt servicing has a significant effect on sectoral economic growth. In addition, the study established that inflation has a significant moderating effect on the relationship between debt servicing and Sectoral economic growth in the long run at the significance level of 0.05. The study concluded that debt servicing has a significant effect on sectoral economic growth in Kenya in the long run and no effect in the short run. Additionally, inflation enhances the influence of debt servicing on sectoral economic growth in the long run. The study further confirms that Kenya is not facing a debt overhang problem. The study recommends that if the government must borrow, the loans should be concessional in nature with long term repayment periods. The government should ensure that reasonable levels of inflation are achieved.

scholarly journals Impact of Exchange Rate Volatility on Unemployment in Pakistan

2021 ◽  
Vol VI (II) ◽  
pp. 49-66
Author(s):  
Atiq Ur Rahman ◽  
Salyha Zulfiqar Ali Shah ◽  
Qamar uz Zaman
Keyword(s):  
Developing Countries ◽  
Exchange Rate ◽  
Exchange Rate Volatility ◽  
Stability Tests ◽  
Long Run ◽  
Short Run ◽  
The Government ◽  
The Relationship ◽  
Long Run Equilibrium

Unemployment is an alarming issue for bothdeveloped and developing countries, which sometimesvaries from region to region as well. Unemployment accompaniedwith Exchange Rate Volatility (ERV, hereafter) worsens thesituation. This paper tries to explore the relationship between ERVand unemployment and other selected factors in the case ofPakistan from 1980 to 2018. After necessary simulation, the studysupported the analyses through the autoregressive distributed lagmodel. Where, long-run coefficient reveals that ERV and exportsboth are positively affecting unemployment; whereas, import isinversely related to unemployment. Alternatively, export and GDPare inversely affecting unemployment in the short run; further,stability tests also support the relationship between the selectedvariables to achieve the long-run equilibrium. The study furthersuggests that the Government of Pakistan need to stabilizeexchange rate to control unemployment, which is 8 percent in thelong-run and 11 percent in the short run.

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