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Law and Culture: A Theory of Comparative Variation in Bona Fide Purchase Rules

Publikace

Tento text není v aktuálním jazyce dostupný. Zobrazuje se verze "en".Abstrakt

A key question in comparative law is why different legal systems provide different legal solutions for the same problem. To answer this question, weuse novel comparative evidence on how the conflict between the dispossessedoriginal owner and the bona fide purchaser of a stolen good is resolved in differentcountries.

This is the most primitive manifestation of a fundamental legal choice: the balance between the protection of the owner's property rights and theenhancement of the buyer's reliance on contracts. We test four prominent theories:functional equivalence, legal origins, political economics and cultural economics.We find that a culture of self-reliance is the key determinant of comparative variation in this area of law.