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The future of law and economics
Science Communication, 1998Several developments are likely to have significant impact on scholarship in the field of law and economics in the future. These include, first, creation of a richer base of empirical work; second, development of theories in human decisionmaking which surpass the explanatory value of the rational choice model; and third, incorporation of equitable ...
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Law and the Economy: An Introduction to Coasian Law and Economics
Man and the Economy, 2018Ronald Coase was a founding father of modern law and economics. Yet, Coase distanced himself from the economic analysis of law, which today dominates the law and economics scholarship, and proposed an alternative research program, which is referred to ...
Ning Wang
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The Law and Economics of Employment Discrimination Law
Oxford Research Encyclopedia of Economics and Finance, 2019The labor market is governed by a panoply of laws, regulating virtually all aspects of the employment relation, including hiring, firing, information exchange, privacy, workplace safety, work hours, minimum wages, and access to courts for redress of ...
J. Hersch, Blair Druhan Bullock
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The Distributive Deficit in Law and Economics
Minnesota law review, 2016Welfarist law and economics ignores the distributive consequences of legal rules to focus solely on efficiency, even though distribution unambiguously affects welfare, the normative maximand.
L. Fennell, Richard Mcadams
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On the Economics of Law and Order
Journal of Political Economy, 1970Professor Becker has recently demonstrated the usefulness of "conventional " economic analysis in coming to grips with what is usually considered to be a noneconomic problem-crime and punishment (Becker 1968). In the article, he derives criteria for optimal levels of expenditure on law enforcement and form of punishment subject to a given legal ...
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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
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Quality & Quantity, 2011
Some of Law and Economics' pivotal claims have come to be criticized as a result of empirical findings that question their viability. Particularly, the premise that agents consistently act rationally and with their self-interest in mind seems problematic.
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Some of Law and Economics' pivotal claims have come to be criticized as a result of empirical findings that question their viability. Particularly, the premise that agents consistently act rationally and with their self-interest in mind seems problematic.
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2011
International law is a system of rules and principles that govern international relations of the subjects of international law namely; sovereign States, international organisations, the entities which do not have the full requirements of statehood and individuals.
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International law is a system of rules and principles that govern international relations of the subjects of international law namely; sovereign States, international organisations, the entities which do not have the full requirements of statehood and individuals.
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Behavioral Law and Economics: Experimental Tests of the Endowment Effect and the Coase Theorem
, 2000D. Kahneman, J. Knetsch, R. Thaler
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