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Opportunitätskosten und Jurisprudenz

Bibliographic Data

ID22286367
AuthorsStefan Huster (0000-0003-1067-3893, Ruhr-Universität Bochum, Lehrstuhl für Staats- und Verwaltungsrecht mit besonderer Berücksichtigung des Sozialrechts, Universitätsstr. 150, 44780 Bochum), Hartmut Kliemt (0000-0002-4778-2017, Frankfurt School of Finance & Management)
Year2009
Volume95
Issue2
Pages241-251
Publication date2009-01-01
Open AccessNo
TypeARTICLE
VenueArchiv für Rechts- und Wirtschaftsphilosophie (JOURNAL)
Journal identifiersISSN: 0177-1108 • E-ISSN: 2363-5606
PublisherWissenschaftliche Verlagsgesellschaft mbH (PUBLISHER • DE)
DOI10.25162/arsp-2009-0017
OpenAlexW30322382
LanguageEN

Looking at the world through the window of opportunity costs directs attention to the good forgone rather than the good done by our decision making. In the paper it is illustrated by means of several examples that it may be useful for judicial decision makers to be better aware of this aspect of their choices. When they decide in favor of the realization of some good they should not neglect the shadow of the good that is thereby not done. Such implications of living in a world of scarcity are driven home on the level of law enactment (de lege ferenda) as well as in the interpretation and application of the law (de lege lata) in our discussion of opportunity costs and the law

Economics · Law and economics · Microeconomics · Neglect · Opportunity cost · Political science · Scarcity · Window of opportunity · Computer Science · Diverse Legal and Medical Studies · European and International Contract Law · Law · Law and Political Science · Psychology

Highly citedNo

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