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| | SSRN-Democracy and Delaware: The Mysterious Race to the Top/Bottom by Daniel Greenwood (Site not responding. Last check: 2007-10-21) |
 | | Recently, however, scholarship has begun to consider more seriously the underpinnings to the race, with some doubting whether the market for law is as competitive as the standard models presume. |
 | | If the race is not inevitable, it is neither to the top nor the bottom. |
 | | Instead, it is a voluntary surrender of self-government to unelected corporate officials who are bound by the norms of their office - norms themselves created by the race system - to use the race in particular, and often unattractive, ways. |
| papers.ssrn.com /sol3/papers.cfm?abstract_id=662261 (416 words) |
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