This article discusses how chaos theory and evolutionary theory can be applied to analyze the development of law and economics. It argues that small events can have large, unpredictable consequences in how legal and economic systems evolve over time in complicated ways. The development of these systems is path dependent and nonlinear, making long-term predictions difficult.
This article discusses how chaos theory and evolutionary theory can be applied to analyze the development of law and economics. It argues that small events can have large, unpredictable consequences in how legal and economic systems evolve over time in complicated ways. The development of these systems is path dependent and nonlinear, making long-term predictions difficult.
This article discusses how chaos theory and evolutionary theory can be applied to analyze the development of law and economics. It argues that small events can have large, unpredictable consequences in how legal and economic systems evolve over time in complicated ways. The development of these systems is path dependent and nonlinear, making long-term predictions difficult.