{"id":"https://openalex.org/W3122169581","doi":"https://doi.org/10.2139/ssrn.299386","title":"Law, Finance, and Path Dependence: Developing Strong Securities Markets","display_name":"Law, Finance, and Path Dependence: Developing Strong Securities Markets","publication_year":2002,"publication_date":"2002-01-01","ids":{"openalex":"https://openalex.org/W3122169581","doi":"https://doi.org/10.2139/ssrn.299386","mag":"3122169581"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.299386","doi":"https://doi.org/10.2139/ssrn.299386","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.299386","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.299386","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5085892614","display_name":"Stephen J. Choi","orcid":"https://orcid.org/0000-0003-0878-0649","observed_orcids":["https://orcid.org/0000-0003-0878-0649"]},"institutions":[{"id":"https://openalex.org/I57206974","display_name":"New York University","ror":"https://ror.org/0190ak572","country_code":"US","type":"education","lineage":["https://openalex.org/I57206974"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Stephen J. Choi","raw_affiliation_strings":["New York University School of Law, 40 Washington Square South, New York, NY 10012-1099, United States"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"New York University School of Law, 40 Washington Square South, New York, NY 10012-1099, United States","institution_ids":["https://openalex.org/I57206974"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5085892614"],"corresponding_institution_ids":["https://openalex.org/I57206974"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":19,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":"80","issue":"7","first_page":"1657","last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.43970000743865967,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.43970000743865967,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14317","display_name":"Finance, Markets, and Regulation","score":0.23360000550746918,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11762","display_name":"Law, Economics, and Judicial Systems","score":0.08030000329017639,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/securities-market","display_name":"securities market","score":0.847000002861023},{"id":"https://openalex.org/keywords/investor-protection","display_name":"investor protection","score":0.8759999871253967},{"id":"https://openalex.org/keywords/financial-development","display_name":"financial development","score":0.6660000085830688},{"id":"https://openalex.org/keywords/common-law","display_name":"common law","score":0.6200000047683716},{"id":"https://openalex.org/keywords/civil-law","display_name":"civil law","score":0.9459999799728394},{"id":"https://openalex.org/keywords/legal-origins","display_name":"legal origins","score":0.6660000085830688},{"id":"https://openalex.org/keywords/path-dependence","display_name":"path dependence","score":0.703000009059906},{"id":"https://openalex.org/keywords/law-and-finance","display_name":"law and finance","score":0.718999981880188},{"id":"https://openalex.org/keywords/legal-transplants","display_name":"legal transplants","score":0.46299999952316284},{"id":"https://openalex.org/keywords/financial-reform","display_name":"financial reform","score":0.6110000014305115},{"id":"https://openalex.org/keywords/market-competition","display_name":"market competition","score":0.7519999742507935},{"id":"https://openalex.org/keywords/regulatory-competition","display_name":"regulatory competition","score":0.781000018119812},{"id":"https://openalex.org/keywords/capital-markets","display_name":"capital markets","score":0.45500001311302185}],"concepts":[{"id":"https://openalex.org/C2775834888","wikidata":"https://www.wikidata.org/wiki/Q7309693","display_name":"Regulatory competition","level":4,"score":0.5954360365867615},{"id":"https://openalex.org/C143910263","wikidata":"https://www.wikidata.org/wiki/Q750458","display_name":"Capital market","level":2,"score":0.5180925726890564},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5138845443725586},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.4868892729282379},{"id":"https://openalex.org/C2779272642","wikidata":"https://www.wikidata.org/wiki/Q1093521","display_name":"Path dependence","level":2,"score":0.4668213725090027},{"id":"https://openalex.org/C2780677400","wikidata":"https://www.wikidata.org/wiki/Q4122235","display_name":"Civil law (Civil law)","level":3,"score":0.4621141254901886},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.4471806585788727},{"id":"https://openalex.org/C91306197","wikidata":"https://www.wikidata.org/wiki/Q45767","display_name":"Competition (biology)","level":2,"score":0.4457359313964844},{"id":"https://openalex.org/C166151441","wikidata":"https://www.wikidata.org/wiki/Q4923601","display_name":"Causation","level":2,"score":0.43811553716659546},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.41968560218811035},{"id":"https://openalex.org/C86432685","wikidata":"https://www.wikidata.org/wiki/Q219186","display_name":"Commercial law","level":2,"score":0.3931504189968109},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.38525742292404175},{"id":"https://openalex.org/C25253098","wikidata":"https://www.wikidata.org/wiki/Q2609670","display_name":"Corporate law","level":3,"score":0.2767869234085083},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.21951130032539368},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.1342982053756714},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.2139/ssrn.299386","doi":"https://doi.org/10.2139/ssrn.299386","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.299386","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},{"id":"pmh:oai:escholarship.org/ark:/13030/qt4gh1275f","doi":null,"is_oa":true,"landing_page_url":"https://escholarship.org/uc/item/4gh1275f","pdf_url":"https://escholarship.org/content/qt4gh1275f/qt4gh1275f.pdf","source":{"id":"https://openalex.org/S4306400115","display_name":"eScholarship (California Digital Library)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I2801248553","host_organization_name":"California Digital Library","host_organization_lineage":["https://openalex.org/I2801248553"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"article"},{"id":"pmh:qt4gh1275f","doi":null,"is_oa":false,"landing_page_url":"http://www.escholarship.org/uc/item/4gh1275f","pdf_url":null,"source":{"id":"https://openalex.org/S4306400115","display_name":"eScholarship (California Digital Library)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I2801248553","host_organization_name":"California Digital Library","host_organization_lineage":["https://openalex.org/I2801248553"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Choi, Stephen. (2002). Law, Finance and Path Dependence: Developing Strong Securities Markets. Boalt Working Papers in Public Law. UC Berkeley: Berkeley Law. Retrieved from: http://www.escholarship.org/uc/item/4gh1275f","raw_type":"article"},{"id":"mag:3122169581","doi":null,"is_oa":false,"landing_page_url":"https://escholarship.org/content/qt4gh1275f/qt4gh1275f.pdf?t=krnonl","pdf_url":null,"source":{"id":"https://openalex.org/S105204244","display_name":"Texas law review","issn_l":"0040-4411","issn":["0040-4411","1942-857X"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["jufo-2","norway-1","poland-200","russia-white-list-1"],"host_organization":"https://openalex.org/P4383849094","host_organization_name":"Texas Law Review Association","host_organization_lineage":["https://openalex.org/P4383849094"],"host_organization_lineage_names":["Texas Law Review Association"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Texas law review","raw_type":null}],"best_oa_location":{"id":"doi:10.2139/ssrn.299386","doi":"https://doi.org/10.2139/ssrn.299386","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.299386","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[{"display_name":"Peace, justice, and strong institutions","score":0.9595999717712402,"id":"https://metadata.un.org/sdg/16"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":11,"referenced_works":["https://openalex.org/W1968287591","https://openalex.org/W1998084073","https://openalex.org/W2506101767","https://openalex.org/W2624073303","https://openalex.org/W2912437831","https://openalex.org/W2913291909","https://openalex.org/W3122596610","https://openalex.org/W3125384459","https://openalex.org/W4229759830","https://openalex.org/W4251825414","https://openalex.org/W4256039118"],"related_works":["https://openalex.org/W7213230164","https://openalex.org/W4408538125","https://openalex.org/W7097033814","https://openalex.org/W3021830562","https://openalex.org/W3020820502","https://openalex.org/W3123613678","https://openalex.org/W179966689","https://openalex.org/W7096086246","https://openalex.org/W2121986697","https://openalex.org/W3123883228"],"abstract_inverted_index":null,"counts_by_year":[{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-09-30T09:27:27.532063","created_date":"2021-02-01T00:00:00"}