In this episode, Roy Shapira, Associate Professor at IDC Herzliya in Israel, discusses his book "Law and Reputation: How the Legal System Shapes Behavior by Producing Information," which is published by Cambridge University Press. Shapira begins by describing the law and economics argument that reputation effects can make legal enforcement unnecessary, as well as responses to that argument. He observes that neither approach captures the true relationship between law and reputation, which is a kind of feedback loop, in which each informs and enables the other. He describes how that relationship works, how it produces information, and how we can make it more effective.

This episode was hosted by Brian L. Frye, Spears-Gilbert Professor of Law at the University of Kentucky College of Law. Frye is on Twitter at @brianlfrye.

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