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Law and Economics in Australia [PDF]

open access: diamondLegal Education Review, 1989
The difficulty of talking compendiously about law and economics should not be underestimated. I have witnessed various attempts in the past, and they have usually failed. The presenter tends to make one of two mistakes. The first is to concentrate on the
Anthony Duggan
doaj   +2 more sources

Expressive Law And Economics [PDF]

open access: greenSSRN Electronic Journal, 1998
This article develops an economic theory of expressive law. By expressing social values, law can tip a system of social norms into a new equilibrium. This process can create or destroy a social norm without changing individual values. In addition, law can change the individual values of rational people. Internalizing a social norm is a moral commitment
Robert D. Cooter
openalex   +7 more sources

Behavioral Law and Economics Is Not Just a Refinement of Law and Economics

open access: yesŒconomia, 2017
A number of prominent advocates of applying behavioral economics to the law make the claim that behavioral law and economics is simply a refinement of traditional law and economics.
Steven M. Sheffrin
doaj   +4 more sources

History of Law and Economics [PDF]

open access: yesSSRN Electronic Journal, 2014
The roots of law & economics lie in late 19th century continental Europe. However, this early movement did not persist, having been cut off in the 1930s.
Martin Gelter, Kristoffel R. Grechenig
semanticscholar   +5 more sources

Law and economics versus economic analysis of law

open access: yesEuropean Journal of Law and Economics, 2018
I agree with Calabresi’s general distinction between Economic Analysis of Law and Law and Economics. However, these broad categories may obscure important differences between types of law and economics scholarship. I would distinguish positive economic analysis from normative economic analysis, and positivist legal analysis from nonpositivist analysis.
Keith N. Hylton
semanticscholar   +3 more sources

A Behavioral Approach to Law and Economics [PDF]

open access: green, 2000
Economic analysis of law usually proceeds under the assumptions of neoclassical economics. But empirical evidence gives much reason to doubt these assumptions; people exhibit bounded rationality, bounded self-interest, and bounded willpower. This article
Christine Jolls   +2 more
openalex   +2 more sources

Rewarding Creativity: in Law, Economics and Literature [PDF]

open access: yesAncilla Iuris, 2006
Scientific, literary and artistic products are the outcome of what in the Western world has been called, at least since the 18th century, creative human labor, or simply, creativity.
Maurizio Borghi
doaj   +4 more sources

Ideas Have Consequences: The Impact of Law and Economics on American Justice

open access: yesSocial Science Research Network, 2022
This paper provides a quantitative analysis of the e ects of the early lawand-economics movement on the U.S. judiciary. We focus on the Manne Economics Institute for Federal Judges, an intensive economics course that trained almost half of federal judges
Elliott Ash, Daniel L. Chen, S. Naidu
semanticscholar   +1 more source

The Law and Economics of Blockchain

open access: yesAnnual Review of Law and Social Science, 2022
This article examines the implications of Distributed Ledger Technology (a.k.a. blockchain) for several areas of law. While cryptocurrencies have received much attention, the implications of DLT are potentially far reaching.
Richard Holden, A. Malani
semanticscholar   +1 more source

Optimal investment and reinsurance for the insurer and reinsurer with the joint exponential utility under the CEV model

open access: yesAIMS Mathematics, 2023
This paper considers the problem of optimal investment-reinsurance for the insurer and reinsurer under the constant elasticity of variance (CEV) model. It is assumed that the net claims process is approximated by a diffusion process, both the insurer and
Ling Chen   +2 more
doaj   +1 more source

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