This paper explores the interpretation of law as capital good and its implications regarding the aggregate behavior of Brazilian litigation. The theory ndicates that there may be a direct link between the real stock of legal capital within a legal order and the aggregate behavior of litigants, since a uboptimal offer of legal certainty creates incentives to litigate. This interrelationship is supposed to generate a cyclical litigation, which is not observed in Brazil.
Judiciary; Legal Certainty; Legal Capital; Litigation Cycle; Brazil
