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Law, economics and Calabresi on the future of law and economics
European Journal of Law and Economics, 2019There exists a distinction between ‘law and economics’ and the ‘economic analysis of law’. The former, corresponding to Coase’s approach, consists in taking legal rules into account insofar as they influence economic activities. The latter, associated to Posner’s name, consists in using economics to analyze legal problems. Methodologically speaking, if
Alain Marciano +2 more
exaly +4 more sources
POSNER, ECONOMICS AND THE LAW: FROM “LAW AND ECONOMICS” TO ANECONOMIC ANALYSIS OF LAW [PDF]
Journal of the History of Economic Thought, 2009 The purpose of this article is to discuss Posner's economic analysis of law and to analyse the differences between his economic analysis of law and law and economics. We propose and demonstrate a twofold original argument. First, we show that Posner does not only propose an economic analysis of the working of the legal system but also that his approach
Alain Marciano, Sophie Harnay
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Positive, Normative and Functional Schools in Law and Economics
European Journal of Law and Economics, 2004 law and economics, intellectual history, methodology,
Francesco Parisi, Parisi Francesco
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The law and economics of comparative corporate law
SSRN Electronic Journal, 2021In this paper, we explain the methodological shifts that have occurred over time in the study of company law. Our hypothesis is that comparative company law has developed and evolved as a bridge between two extremes. On the one hand, the doctrinal, black-letter law approach to company law, dominant in academic commentary at the domestic level.
Maria Isabel Sáez Lacave +1 more
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2008
During its relatively short history, the law-and-economics movement has developed a wide spectrum of methodological approaches, distinguishable for their respective emphasis on positive, normative, or functional economic analysis. Ronald Coase's “The Problem of Social Cost†is generally considered to provide the foundations of the first identifiable
Klick, Jonathan, Parisi, Francisco
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During its relatively short history, the law-and-economics movement has developed a wide spectrum of methodological approaches, distinguishable for their respective emphasis on positive, normative, or functional economic analysis. Ronald Coase's “The Problem of Social Cost†is generally considered to provide the foundations of the first identifiable
Klick, Jonathan, Parisi, Francisco
openaire +3 more sources
1987
The economic analysis of law involves three distinct but related enterprises. The first is the use of economics to predict the effects of legal rules. The second is the use of economics to determine what legal rules are economically efficient, in order to recommend what the legal rules ought to be.
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The economic analysis of law involves three distinct but related enterprises. The first is the use of economics to predict the effects of legal rules. The second is the use of economics to determine what legal rules are economically efficient, in order to recommend what the legal rules ought to be.
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The morality of law and economics
Law and Philosophy, 1992The moral heart of normative law and economics is efficiency, especially dynamic efficiency that takes incentive effects into account. In the economic theory, justificatory argument is inherently at the institutional- or rule-level, not an the individual- or case-level.
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Economic Law and the Laws of Economics
2008Abstract If international economic law is not necessarily congruent with the laws of international economics, it is nevertheless true that economics— knowledge, faith, skepticism included—has had a strong influence on the shape and evolution of the international law of international trade, investment, and financial transactions.
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The Journal of Law and Economics, 1993
IT is a double honor to have been invited to deliver the Simons lecture on the occasion of the celebration of the centennial of the University of Chicago. Although at my age a century seems a rather short period, we all know that the University of Chicago has not suffered from the usual human limitations. It emerged from the ground fully grown.
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IT is a double honor to have been invited to deliver the Simons lecture on the occasion of the celebration of the centennial of the University of Chicago. Although at my age a century seems a rather short period, we all know that the University of Chicago has not suffered from the usual human limitations. It emerged from the ground fully grown.
openaire +1 more source