NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Overruling and the Instability of Law

Nicola Gennaioli, Andrei Shleifer

NBER Working Paper No. 12913
Issued in February 2007

---- Acknowledgements -----

We are grateful to Olivier Blanchard, Filipe Campante, Edward Glaeser, Claudia Goldin, Oliver Hart, Elhanan Helpman, Anup Malani, Fausto Panunzi, Torsten Persson, Richard Posner, Ilia Rainer, Alan Schwartz, Kathryn Spier, Pablo Spiller, Mathew Stephenson, David Stromberg, and especially Louis Kaplow for helpful comments. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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