Economic analysis of law
Bibliographic Data
| ID | 6109569 |
|---|---|
| Authors | Robert Holman (corresponding author) |
| Year | 2004 |
| Volume | 52 |
| Issue | 4 |
| Pages | 519-531 |
| Publication date | 2004-08-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Politická ekonomie (JOURNAL) |
| Journal identifiers | ISSN: 0032-3233 • E-ISSN: 2336-8225 |
| Publisher | Prague University of Economics and Business (PUBLISHER • CZ) |
| DOI | 10.18267/j.polek.474 |
| OpenAlex | W2330835967 |
| Language | EN |
| Citations received | 6 |
| References cited | 6 |
Economic analysis of law concerns predicting impacts of legislative rules on incentives and behaviour of individuals and judging social efficiency of alternative legislative rules. It applies price theory, welfare theory and public choice theory on creating and applying law. One of its main shortcomings however is the lack of criteria of social efficiency. Modern history of economic analysis of law begins within the framework of property rights and transaction costs theories. The Chicago school has been the most prominent group of economists. Austrian school and New institutional school compete with Chicago school in applying different methods of economic analysis on law. Chicago approach is based on assumptions of rational economic behaviour and stable preferences. In the centre of Chicago paradigm lies Richard Posner's efficiency thesis predicting that law rules develop in efficient ways. Austrian school criticizes Chicago school positivism from the perspectives of methodological subjectivism
Economic analysis · Economics · Epistemology · Incentive · Law and economics · Legislature · Microeconomics · Political science · Politics · Positive economics · Public choice · Public economics · Rational choice theory (criminology) · Sociology · Subjectivism · Transaction cost · Fiscal Policy and Economic Growth · Law · Law, Economics, and Judicial Systems · Legal and Constitutional Studies
Cartel Agreement in Business Competition Law Perspective
Antidiscrimination Act and Its Economic and Legal Connections from the Liberal Economic View
Copyright and the Right to Translation
The Proposal of Original Classification of Contemporary Social-Economic Approaches to the Growth Theory
Intellectual property as an obstacle to prosperity
Gnoseology approach to the tax reform in the Czech Republic
| Unique citing works | 6 |
|---|---|
| Citations per year | 0,29 |
| Citation span | 2005 - 2020 (16) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 6 |