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Law and economics

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economics has also been felt in legal education, with graduate programs in the subject being offered in a number of countries. The influence of law and economics in civil law countries may be gauged from the availability of textbooks of law and economics, in English as well as in other European languages (Schäfer and Ott 2004; Mackaay 2013).
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Relatedly, legal scholarship also has criticized the movement for allowing its framing of models to dictate its results, for over-emphasizing or under-emphasizing specific incentives and costs, and for building models that do not degrade "gracefully" (and therefore have difficulty modeling reality).
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Uri Weiss proposed this alternative: "It is common in law and economics to search for the law that will lead to the optimal outcome, providing the maximum size 'pie,' and to think about maximizing happiness instead of minimizing pain. We prefer another approach: We do not try to identify games that
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Despite its influence, the law and economics movement has been criticized from a number of directions. This is especially true of normative law and economics. Because most law and economics scholarship operates within a neoclassical framework, fundamental criticisms of neoclassical economics have
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Many law schools in North America, Europe, and Asia have faculty members with a graduate degree in economics. In addition, many professional economists now study and write on the relationship between economics and legal doctrines. Anthony Kronman, former dean of Yale Law School, has written that
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Nonetheless, the possibility of a clear distinction between positive and normative analysis has been questioned by Guido Calabresi who, in his book on "The future of Law and Economics" (2016: 21-22), believes that there is an "actual - and unavoidable - existence of value judgments underlying much
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In 1962, Aaron Director helped to found the Committee on a Free Society. Director's appointment to the faculty of the University of Chicago Law School in 1946 began a half-century of intellectual productivity, although his reluctance about publishing left few writings behind. He taught antitrust
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The economic analysis of law has been influential in the United States as well as elsewhere. Judicial opinions use economic analysis and the theories of law and economics with some regularity, in the US but also, increasingly, in Commonwealth countries and in Europe. The influence of law and
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Cullerne Bown has criticised Posner's approach on methodological grounds. He concludes that Posner's approach to evaluating policies in the criminal process is methodologically invalid and that "these failings in turn make the entirety of his conclusions on the criminal process unreliable".
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to the positive and normative analysis of the law, and a second branch which focuses on an institutional analysis of law and legal institutions, with a broader focus on economic, political, and social outcomes, and overlapping with analyses of the institutions of politics and governance.
1364:(2011). The field began with Gary Becker's 1968 paper on crime (Becker also received a Nobel Prize). In 1972, Richard Posner, a law and economics scholar and the major advocate of the positive theory of efficiency, published the first edition of Economic Analysis of Law and founded 1694:
and legal scholars, the phrase "law and economics" refers to the application of microeconomic analysis to legal problems. Because of the overlap between legal systems and political systems, some of the issues in law and economics are also raised in
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considers many of the same fundamental issues as does work labeled "law and economics", though from a vastly different perspective. The law and political economy movement also analyzes similar concepts using an entirely different approach.
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been drawn from other, competing frameworks, though there are numerous internal critiques as well. Yet other schools of economic thought have emerged and have been applied to the work of law and economics in, for example, the work of
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resulting from a systematic relaxation of antitrust laws) is, according to critics, fundamentally incorrect, as there is no general reason to conclude that an increase in allocative efficiency is more likely than a decrease.
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The one wing that represents a non-neoclassical approach to "law and economics" is the Continental (mainly German) tradition that sees the concept starting out of the governance and public policy (
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Essentially, the "first-best" neoclassical analysis fails to properly account for various kinds of general-equilibrium feedback relationships that result from intrinsic Pareto imperfections.
1514:(1970) has been cited as influential in its extensive treatment of the proper incentives and compensation required in accident situations. Calabresi took a different approach in 1654:. A legal rule is Pareto efficient if it could not be changed so as to make one person better off without making another person worse off. A weaker conception of efficiency is 4594: 4090:
Schlag, Pierre (2013-09-17). "Coase Minus the Coase Theorem – Some Problems with Chicago Transaction Cost Analysis". Rochester, NY: Social Science Research Network.
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goes one step further and makes policy recommendations based on the economic consequences of various policies. The key concept for normative economic analysis is
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Never the Twain Shall Meet? – A Critical Perspective on Cultural Limits Between Internal Continental Dogmatism and Consequential US-Style Law and Economics Theory
1442:, which became a center for the education of judges — many never previously exposed to the concepts of law and economics. Manne also attracted the support of the 4787: 4612: 4582: 4399: 2449: 2413: 2403: 2165:, for example, if the fulfillment of a subset of optimal conditions cannot be met under any circumstances, it is incorrect to conclude that the fulfillment of 1370:, both are regarded as important events. Gordon Tullock and Friedrich Hayek also wrote intensively in the area and influenced to spread of law and economics. 1510: 2221:
Law and economics has adapted to some of these criticisms and been developed in a variety of directions. One important trend has been the application of
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Consequently, any expression of public policy whose purported purpose is an unambiguous increase in allocative efficiency (for example, consolidation of
4743: 4470: 3975: 1612:'Positive law and economics' uses economic analysis to predict the effects of various legal rules. So, for example, a positive economic analysis of 1399:" and "Some Thoughts on Risk Distribution and the Law of Torts". This can be seen as the starting point for the modern school of law and economics. 4452: 4459: 1357: 4814:
Stojanovich A., Silvestri P. (Eds.), "Special Issue: On 'The Future of Law and Economics' by Guido Calabresi: An Interdisciplinary Dialogue",
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Viscusi, W. Kip; Aldy, Joseph E. (2003-08-01). "The Value of a Statistical Life: A Critical Review of Market Estimates Throughout the World".
4706: 1552: 2084:"the intellectual movement that has had the greatest influence on American academic law in the past quarter-century " is law and economics. 1658:. A legal rule is Kaldor–Hicks efficient if it could be made Pareto efficient by some parties compensating others as to offset their loss. 1505: 1750:. Here, consciously non-neoclassical approaches to economics are used for the analysis of legal (and administrative/governance) problems. 1407:, who eventually would serve as Dean of Chicago's Law School, President of the University of Chicago, and as U.S. Attorney General in the 7173: 7129: 4631: 4549: 2372: 1947: 1065: 997: 4172: 3169: 2133:, argues that our legal, economic, political, and social systems are unduly influenced by an individualistic model of behavior based on 1360:(a great admirer of von Hayek) filled in more details of the account in his chapter, "The Chicago School, Hayek, and Neoliberalism", in 2468: 1666:
will lead to the optimal result but to prevent games in which it is in the best interests of the players to come to an unjust result".
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Critics of the economic analysis of legal questions have argued that normative economic analysis does not capture the importance of
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Johnson, Ronald N.; Gisser, Micha; Werner, Michael (1981). "The Definition of a Surface Water Right and Transferability".
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rule. Positive law and economics has also at times purported to explain the development of legal rules, for example the
1183: 4615:& Martin Gelter, The Transatlantic Divergence in Legal Thought: American Law and Economics vs. German Doctrinalism, 2932: 2452:& Martin Gelter, The Transatlantic Divergence in Legal Thought: American Law and Economics vs. German Doctrinalism, 2406:& Martin Gelter, The Transatlantic Divergence in Legal Thought: American Law and Economics vs. German Doctrinalism, 4728: 4680: 4624: 4575: 4482: 2525: 2122: 1157: 3217:"Secret without Reason and Costly without Accomplishment: Questioning the National Security Agency's Metadata Program" 5443: 5001: 4900: 4780: 4606: 4539: 4517: 4419: 4344: 4190: 1379: 1352:
described the development of modern economic concepts in "The Rise of the Chicago School of Economics", a chapter of
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perspectives usually do not identify themselves as "law and economics". For example, research by members of the
1121:. There are two major branches of law and economics; one based on the application of the methods and theories of 1058: 6611: 5519: 5153: 4761: 4138: 2187:
Another critique comes from the fact that there is no unique optimal result. Warren Samuels in his 2007 book,
1789: 1739: 1161: 1422:. He died September 11, 2004, at his home in Los Altos Hills, California, ten days before his 103rd birthday. 1172: 1093:. The field emerged in the United States during the early 1960s, primarily from the work of scholars from the 6581: 6571: 6266: 4872: 396: 6792: 4225: 658: 6731: 6704: 5679: 5158: 2886:"On the (Methodological) Future of Law and Economics. The Uneasy Burden of Value Judgments and Normativity" 2390: 2022: 1366: 4014: 3822:"The Effects of Rent Control Expansion on Tenants, Landlords, and Inequality: Evidence from San Francisco" 2153:
Additional criticism has been directed toward the assumed benefits of law and policy designed to increase
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in order to set up there a new center for scholars in law and economics. The University was headed by
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The law and economics of development - Edgardo Buscaglia, William Ratliff and Robert Cooter Libraries
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Gostin, Lawrence (2006). "Public Health Strategies for Pandemic Influenza: Ethics and the Law".
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In other words, the law and economics movement may not achieve "efficiency", even to the extent
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La Porta, Rafael; Lopez-de-Silanes, Florencio; Shleifer, Andrei; Vishny, Robert (2000-01-01).
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subset of optimal conditions will necessarily result in an increase in allocative efficiency.
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and Claus Ott (2004), “Economic Analysis of Civil Law”, Cheltenham, Edward Elgar Publishing;
4316:"An epistemic theory of the criminal process, Part II: Packer, Posner and epistemic pressure" 4103: 2201: 2154: 1975: 1971: 1644: 1477: 1463: 1290: 1262: 987: 668: 643: 628: 486: 426: 406: 401: 4771: 4753: 3088: 2713: 2499: 1573: 7168: 6872: 6616: 6586: 6539: 6502: 6428: 6379: 6346: 6286: 6251: 6186: 6169: 5782: 5128: 2347: 2312: 2226: 2114: 2061: 1959: 1912: 1839: 1805: 1588: 1539: 1310: 1086: 738: 560: 511: 476: 416: 381: 285: 275: 222: 160: 6119: 3745: 1851: 1843: 8: 7098: 6907: 6726: 6626: 6606: 6566: 6522: 6507: 6463: 6404: 6331: 6321: 6291: 6214: 5937: 5077: 4994: 4488: 4153: 2067: 1416: 1242: 1114: 964: 773: 595: 536: 461: 451: 421: 348: 256: 6767: 6201: 4637: 3130: 1604:
Economic analysis of law is usually divided into two subfields: positive and normative.
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has been applied to economic approaches that are self-consciously broader than the
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In 1968, Gary Becker, who would later win the Nobel prize for economics, published
1617: 1446:; Olin centers (or programs) for Law and Economics now exist at many universities. 933: 878: 863: 848: 833: 763: 743: 723: 678: 551: 501: 471: 466: 100: 39: 6947: 1847: 813: 7178: 7072: 7037: 7002: 6937: 6862: 6847: 6741: 6697: 6534: 6468: 6443: 6438: 6414: 6147: 6132: 5991: 5964: 5952: 5932: 5866: 5844: 5824: 5819: 5799: 5664: 5644: 5639: 5542: 5502: 5213: 5138: 5062: 5047: 4967: 4794: 4627:(1998). "Law-and-Economics from the Perspective of Critical Legal Studies" (from 4492: 2385: 2267: 2238: 2032: 1991: 1858: 1715: 1558: 1501: 1497: 1392: 1349: 1322: 1282: 1027: 938: 903: 868: 803: 728: 713: 600: 575: 570: 546: 318: 313: 4699:
Polinsky, A. Mitchell, and Steven Shavell (2008). "law, economic analysis of,"
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Principles and Methods of Law and Economics: Basic Tools for Normative Reasoning
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Modern forerunners of economic thought developed at the Chicago School include
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Krueger, Anne O. (1974). "The Political Economy of the Rent-Seeking Society".
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Terrebonne, R. Peter (1981). "A Strictly Evolutionary Model of Common Law".
2783:"The Road Not Taken – Reading Calabresi's "The Future of Law and Economics"" 207: 7087: 7032: 6927: 6917: 6912: 6837: 6682: 6209: 6137: 6054: 5804: 5772: 5727: 5465: 5460: 5431: 5344: 5322: 5290: 5223: 5203: 5097: 5037: 5027: 4979: 4937: 4915: 4858: 4668: 4505: 3723: 3684: 3449:
Gennaioli, Nicola; Shleifer, Andrei (2007). "The Evolution of Common Law".
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Hart, Oliver (1995). "Corporate Governance: Some Theory and Implications".
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Hastings International and Comparative Law Review 2008, vol. 31, p. 295–360
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Hastings International and Comparative Law Review 2008, vol. 31, p. 295–360
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The Colonial Origins of Comparative Development: An Empirical Investigation
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Alchian, Armen A.; Demsetz, Harold (1973). "The Property Right Paradigm".
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Governing the Commons: The Evolution of Institutions for Collective Action
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The historical antecedents of law and economics can be traced back to the
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Property rights, which are analyzed using economic analysis, are seen as
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A Legal Theory without Law: Posner v. Hayek on Economic Analysis of Law
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Gordon, Wendy J.; Marciano, Alain; Ramello, Giovanni B. (2019-08-01).
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concepts to explain the effects of laws, assess which legal rules are
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to legal problems. Other developments have been the incorporation of
2117:. Some of the heaviest criticisms of law and economics come from the 1898: 1650:
A common concept of efficiency used by law and economics scholars is
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Viscusi, W. Kip; Vernon, John M.; Harrington Jr., Joseph E. (2005).
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Mas-Colell, Andreu; Whinston, Michael D.; Green, Jerry R. (1995).
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Jolls, Christine; Sunstein, Cass R.; Thaler, Richard (1997–1998).
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Law's Order: What Economics Has to Do with Law and Why It Matters
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Baird, Douglas G.; Gertner, Robert H.; Picker, Randal C. (1998).
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Viscusi, W. Kip (1993). "The Value of Risks to Life and Health".
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in 1965, Director relocated to California and took a position at
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in the U.S. starting in 1946, but he shortly thereafter financed
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on the grounds that they hindered agricultural productivity; and
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Paper describing the effects of law and economics on inequality
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The Legal Structure of the Firm, Accounting, Economics, and Law
3353:"The Economic Analysis of Evidence Law: Common Sense on Stilts" 2689:"Swan Song of a Great Colossus: The Latest from Richard Posner" 1691: 1022: 4500: 3698:
Fidler, David P.; Gostin, Lawrence O.; Markel, Howard (2007).
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Demsetz, Harold (1967). "Toward a Theory of Property Rights".
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I/S: A Journal of Law and Policy for the Information Society
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Stojanović, Aleksandar; Silvestri, Paolo (October 1, 2019).
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Second-Best Theory and Law & Economics: An Introduction
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Bebchuk, Lucian; Cohen, Alma; Ferrell, Allen (2009-02-01).
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Application of economic theory to analysis of legal systems
4230:(1 ed.). Cambridge University Press. pp. 12–24. 4881: 4269:"Economic Analysis of Law: Some Realism about Nominalism" 2526:"Some Thoughts on Risk Distribution and the Law of Torts" 2229:
into economic analysis of law, and the increasing use of
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Diamond, Rebecca; McQuade, Tim; Qian, Franklin (2019).
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independently published two groundbreaking articles, "
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John M. Olin Law & Economics Working Paper No. 66
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The Costs of Accidents: A Legal and Economic Analysis
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The New Palgrave Dictionary of Economics and the Law
4512:(Chicago: University of Chicago Press, reprint ed.) 2589: 2388:(1996). "Law and Economics and A.W. Brian Simpson," 4037: 3128: 2780: 2157:
when such assumptions are modeled on "first-best" (
4332: 3819: 3697: 2831: 4618:Hastings International and Comparative Law Review 3772:"The Misallocation of Housing Under Rent Control" 3448: 1746:(2nd ed. 2005) and—though not exclusively—in the 1628:of torts, in terms of their economic efficiency. 1449: 7190: 4560:. (Princeton University Press). Chapter links. 4465:(Springer Science), pp. 3–21, available at 3770:Glaeser, Edward L.; Luttmer, Erzo F. P. (2003). 2101:in the book "Law and Economics of Development". 1686:Relationship to other disciplines and approaches 4204: 4202: 4080:Anthony T. Kronman, The Lost Lawyer 166 (1993). 2571:. Cambridge: Harvard University Press. p.  2237:techniques. Within the legal academy, the term 3769: 3611: 3089:"Investor protection and corporate governance" 1631: 6096: 4866: 4313: 3556:. Cambridge, UK: Cambridge University Press. 3334:"An Economic Approach to the Law of Evidence" 3214: 2939:, 2019, page 152. Retrieved October 23, 2022. 1607: 1553:U.S. Court of Appeals for the Seventh Circuit 1059: 168: 4734:_____ (2006). "A Review of Steven Shavell's 4362:"A Behavioral Approach to Law and Economics" 4227:The Analytical Failures of Law and Economics 4199: 3974:Burness, H. Stuart; Quirk, James P. (1980). 3973: 3243:"Crime and Punishment: An Economic Approach" 3215:Mueller, John; G, Stewart Mark (2014–2015). 2951:"Crime and Punishment: An Economic Approach" 2933:"The Regressive Effect of Legal Uncertainty" 2433:Hayek's journey: the mind of Friedrich Hayek 2161:) general-equilibrium conditions. Under the 1506:U.S. Court of Appeals for the Second Circuit 1438:. Ultimately, Manne established a center at 4550:The New Palgrave: A Dictionary of Economics 3930: 2373:The New Palgrave: A Dictionary of Economics 1508:, wrote in depth on this subject; his book 6103: 6089: 4873: 4859: 4646: 4171:Hanson, Jon D. (2012). Hanson, Jon (ed.). 3397: 2514:This issue was actually published in 1961. 1676:Crime and Punishment: An Economic Approach 1066: 1052: 175: 161: 4786:: Vol. 1 : Iss. 1, Article 5, 2011. 4208: 4183:10.1093/acprof:oso/9780199737512.001.0001 3837: 3704:The Journal of Law, Medicine & Ethics 3520: 3300: 2909: 2883: 2806: 2757: 2523: 2216: 2104: 1487:Nobel Memorial Prize in Economic Sciences 1387:, which he co-edited with Nobel laureate 1224:Learn how and when to remove this message 6018:History of the American legal profession 4702:The New Palgrave Dictionary of Economics 4695:. New York, NY: Oxford University Press. 4213:. Vol. 73. Chicago-Kent Law Review. 3499: 2984:"An Economic Theory of the Criminal Law" 2823: 1753:Law and economics is closely related to 1600:Positive and normative law and economics 1117:, and predict which legal rules will be 4768:Foundations of Economic Analysis of Law 4736:Foundations of Economic Analysis of Law 4673:Law and Economics for Civil Law Systems 4534:(Addison Wesley Longman, 6th edition). 4417: 4177:. Oxford, UK: Oxford University Press. 3895: 3860: 3576: 3350: 3170:"Cost–Benefit Analysis in Criminal Law" 3131:"What Matters in Corporate Governance?" 2207: 2137:, instead of a model that incorporates 1542:–winning economist and a leader of the 1516:Ideals, Beliefs, Attitudes, and the Law 7191: 4314:Cullerne Bown, William. (2022-12-23). 4223: 4170: 4089: 3662: 3551: 3331: 3282: 3240: 2981: 2948: 2629:, May 1976. Retrieved October 7, 2022. 2564: 1877:Statistical discrimination (economics) 1821:Mass surveillance in the United States 1680:An Economic Theory of the Criminal Law 6084: 4854: 4796:Economics of Regulation and Antitrust 3167: 2829: 2746:European Journal of Law and Economics 2735: 2733: 2466: 1748:European Journal of Law and Economics 4266: 3043: 2884:Silvestri, Paolo (October 1, 2019). 2148: 1744:Elgar Companion to Law and Economics 1620:rule as opposed to the effects of a 1425: 1162:adding citations to reliable sources 1133: 6180:Agent-based computational economics 4835:Internet Encyclopedia of Philosophy 4641:Stanford Encyclopedia of Philosophy 3340:. University of Chicago Law School. 2252:by defenders of law and economics. 1710:Approaches to the same issues from 1531:Other notable individuals include: 13: 4446: 2860:"The Fourth Generation in Chicago" 2834:Liability: Perspectives and Policy 2730: 1742:; this view is represented in the 1249:discussed the economic effects of 14: 7215: 5002:Restitution and unjust enrichment 4823: 4510:The Firm, The Market, and the Law 4497:Encyclopedia of Law and Economics 3750:LII / Legal Information Institute 3509:Journal of Evolutionary Economics 6636:neoclassical–Keynesian synthesis 6049: 6048: 6034: 4040:The Journal of Law and Economics 3983:The Journal of Law and Economics 3716:10.1111/j.1748-720X.2007.00185.x 3289:Journal of Economic Perspectives 2982:Posner, Richard (October 1985), 2476:The Journal of Law and Economics 2303:Islamic economical jurisprudence 2288:Economic imperialism (economics) 2195:"Internal" analytical criticisms 1413:University of Chicago Law School 1138: 1033: 1021: 206: 38: 6013:History of the legal profession 4638:"The Economic Analysis of Law," 4411: 4392: 4353: 4326: 4307: 4260: 4217: 4164: 4146: 4123: 4083: 4074: 4031: 3967: 3933:Journal of Risk and Uncertainty 3924: 3889: 3854: 3813: 3763: 3738: 3691: 3656: 3614:The Journal of Economic History 3605: 3570: 3545: 3493: 3442: 3391: 3344: 3325: 3276: 3234: 3208: 3161: 3135:The Review of Financial Studies 3122: 3080: 3037: 3013: 2975: 2942: 2926: 2877: 2852: 2838:. Brookings Institution Press. 2774: 2706: 2681: 2657: 2632: 2616: 1768: 1669: 1616:would predict the effects of a 1403:courses at the law school with 1348:Historians Robert van Horn and 1149:needs additional citations for 308:Concepts, theory and techniques 4774:and scroll to chapter-preview 4740:Journal of Economic Literature 4424:University of Miami Law Review 3898:Journal of Economic Literature 3096:Journal of Financial Economics 2949:Becker, Gary (March 1, 1968), 2922:– via www.degruyter.com. 2819:– via www.degruyter.com. 2558: 2517: 2460: 2443: 2425: 2397: 2379: 2361: 1740:Historical school of economics 1485:, University of Chicago, 1991 1450:Chicago School notable figures 1384:Journal of Law & Economics 1: 6572:Critique of political economy 6110: 4683:; softcover forthcoming 2014 4601:(Cambridge University Press, 4547:(1987). "law and economics," 4477:, Giappichelli, Torino, 1999. 4420:"The Human Right of Property" 4174:Ideology, Psychology, and Law 4154:"Essays on Law and Economics" 3108:10.1016/S0304-405X(00)00065-9 2937:Journal of Dispute Resolution 2370:(1987). "law and economics," 2354: 2087: 4770:. Harvard University Press. 4675:, Cheltenham, Edward Elgar, 4588:History of Law and Economics 4405:History of Law and Economics 4339:. Harvard University Press. 4224:Bayern, Shawn (2023-10-31). 3863:The American Economic Review 3579:The American Economic Review 3451:Journal of Political Economy 3400:The Journal of Legal Studies 3250:Journal of Political Economy 2958:Journal of Political Economy 2718:www.jewishvirtuallibrary.org 2469:"The Problem of Social Cost" 2419:History of Law and Economics 2391:The Journal of Legal Studies 2074: 1367:The Journal of Legal Studies 7: 4595:Georgakopoulos, Nicholas L. 4463:Law and Economics in Europe 4267:Leff, Arthur Allen (1974). 4209:Markovits, Richard (1998). 3332:Posner, Richard A. (1999). 2343:Property rights (economics) 2328:New institutional economics 2255: 2053:Value of a statistical life 1917:Efficient market hypothesis 1637:Normative law and economics 1632:Normative law and economics 1544:Chicago School of Economics 1504:. Calabresi, judge for the 1373: 1354:The Road from Mont Pelerin 1095:Chicago school of economics 10: 7220: 6710:Real business-cycle theory 5680:International legal theory 5159:International slavery laws 5154:International human rights 5149:International criminal law 4636:Kornhauser, Lewis (2006). 4620:2008, vol. 31, pp. 295–360 3791:10.1257/000282803769206188 3302:10.1257/089533004773563485 2759:10.1007/s10657-019-09626-5 2623:"Spotlight: Henry G. Manne 1923:Fraud-on-the-market theory 1790:Herfindahl–Hirschman Index 1738:) approach and the German 1608:Positive law and economics 1411:. After retiring from the 1397:The Problem of Social Cost 1378:In 1958, Director founded 1362:Building Chicago Economics 1265:, in his influential book 1129: 47:Foundations and Philosophy 7150: 7108: 6750: 6484: 6235: 6200: 6118: 6028: 6005: 5895: 5733:Administration of justice 5718: 5627: 5518: 5397: 5299: 5020: 4888: 4766:Shavell, Steven (2004). 4648:Mestmäcker, Ernst-Joachim 4418:Alvarez, JosĂ© E. (2018). 4320:Law, Probability and Risk 3746:"Modern Portfolio Theory" 3626:10.1017/S0022050700076403 3500:Friedman, Daniel (1998). 3351:Lempert, Richard (2001). 3283:Levitt, Steven D (2004). 3168:Brown, Darryl K. (2004). 2524:Calabresi, Guido (1961). 2163:theory of the second best 1291:the University of Chicago 1236: 109:Methodological background 5510:Basic structure doctrine 5360:Natural and legal rights 5241:Public international law 4721:Economic Analysis of Law 4553:, v. 3, pp. 144–48. 4475:Costituzione ed economia 3826:American Economic Review 3779:American Economic Review 3677:10.1001/jama.295.14.1700 3241:Becker, Gary S. (1968). 2568:The Economics of Justice 2565:Posner, Richard (1983). 2278:Constitutional economics 2250:fundamental human rights 2204:is the goal of the law. 2189:The Legal-Economic Nexus 2178:mergers and acquisitions 2176:costs through increased 2174:research and development 2121:movement, in particular 1955:Constitutional economics 1907:Evolutionary game theory 1701:constitutional economics 1085:, is the application of 1083:economic analysis of law 296:JEL classification codes 6352:Industrial organization 6175:Computational economics 5690:Principle of typicality 5164:International trade law 4880: 4841:Law & Economics LAB 4336:Game Theory and the Law 3945:10.1023/A:1025598106257 3552:Ostrom, Elinor (1990). 2714:"Posner, Richard Allen" 2298:Iron law of prohibition 2027:Modern portfolio theory 1997:Principal–agent problem 1888:Iron law of prohibition 1656:Kaldor–Hicks efficiency 1526:George Mason University 1494:, University of Chicago 1444:John M. Olin Foundation 1295:Robert Maynard Hutchins 482:Industrial organization 339:Computational economics 86:Judicial interpretation 6555:Modern monetary theory 6222:Experimental economics 6192:Pluralism in economics 6165:Mathematical economics 4111:Cite journal requires 2830:Litan, Robert (1988). 2467:Coase, Ronald (1960). 2412:; Martin Gelter & 2333:Occupational licensing 2217:Responses to criticism 2119:critical legal studies 2105:Rational choice theory 1936:Tragedy of the commons 1796:Calculus of negligence 1724:critical legal studies 1356:(2009); and historian 1123:neoclassical economics 1115:economically efficient 334:Experimental economics 5685:Principle of legality 5444:Delegated legislation 5144:Intellectual property 4236:10.1017/9781009159203 4158:www.duncankennedy.net 3531:10.1007/s001910050054 3174:California Law Review 2604:www-news.uchicago.edu 2283:Cost–benefit analysis 2202:allocative efficiency 2155:allocative efficiency 2023:Prudent investor rule 1986:Averch–Johnson effect 1976:Economics and patents 1972:Intellectual property 1943:Institutional origins 1857:Design of contracts ( 1811:Cost–benefit analysis 1757:, the application of 1645:allocative efficiency 1478:University of Chicago 1417:Stanford University's 6429:Social choice theory 6187:Behavioral economics 6170:Complexity economics 5903:Barristers' chambers 5845:Legal representation 5783:Justice of the peace 5129:Financial regulation 4711:pre-publication copy 4692:Microeconomic Theory 4613:Kristoffel Grechenig 4583:Kristoffel Grechenig 4581:Martin Gelter & 4489:Bouckaert, Boudewijn 4400:Kristoffel Grechenig 4398:Martin Gelter & 3839:10.1257/aer.20181289 3752:. Cornell Law School 3046:The Economic Journal 3021:"Toward a Manifesto" 2902:10.1515/gj-2019-0026 2799:10.1515/gj-2019-0040 2450:Kristoffel Grechenig 2414:Kristoffel Grechenig 2404:Kristoffel Grechenig 2394:, v. 25, p. 103-104. 2348:Public choice theory 2313:Legal origins theory 2227:behavioral economics 2208:Criminal methodology 2129:. Jon D. Hanson, of 2115:distributive justice 2062:Social choice theory 1960:Legal origins theory 1913:Financial regulation 1806:Corporate governance 1765:to legal questions. 1736:Staatswissenschaften 1589:A. Mitchell Polinsky 1540:Nobel Memorial Prize 1430:In the early 1970s, 1281:, not only financed 1257:opposed the British 1253:legislation; later, 1243:classical economists 1158:improve this article 1087:microeconomic theory 561:Social choice theory 6513:American (National) 6215:Economic statistics 5938:Election commission 5650:Expressive function 5179:Landlord–tenant law 5078:Consumer protection 4830:"Law and Economics" 4781:RobĂ©, Jean-Philippe 4754:Schäfer, Hans-Bernd 4366:Stanford Law Review 4273:Virginia Law Review 4133:, JAI Press, 1997, 3357:Virginia Law Review 2988:Columbia Law Review 2864:Economic Principals 1662:economic analysis" 1409:Ford administration 1173:"Law and economics" 1089:to the analysis of 1028:Business portal 349:Operations research 329:National accounting 5896:Legal institutions 5763:Lawsuit/Litigation 5753:Dispute resolution 5558:Catholic canon law 5266:State of emergency 5229:Will and testament 4953:Law of obligations 4906:Constitutional law 4896:Administrative law 4788:Jean-Philippe RobĂ© 4717:Posner, Richard A. 4654:. TĂĽbingen: Mohr. 3147:10.1093/rfs/hhn099 2263:Competition policy 2131:Harvard Law School 1929:Governance of the 1801:Congestion pricing 1776:Affirmative action 1594:Michael Trebilcock 1574:Hans-Bernd Schäfer 1469:Founders include: 1420:Hoover Institution 1277:, the head of the 359:Industrial complex 354:Middle income trap 7204:Philosophy of law 7199:Law and economics 7186: 7185: 6717:New institutional 6078: 6077: 5738:Constitutionalism 5660:Law and economics 5498:Act of parliament 5236:Product liability 5189:Legal archaeology 5114:Environmental law 5108:Entertainment law 4948:International law 4806:978-0-262-28732-6 4661:978-3-16-149276-1 4532:Law and Economics 4245:978-1-009-15920-3 3671:(14): 1700–1704. 3563:978-0-521-40599-7 2845:978-0-8157-5271-4 2693:Law & Liberty 2665:"Ronald H. Coase" 2582:978-0-674-23525-0 2338:Political economy 2273:Constitutionalism 2149:Pareto efficiency 2113:and concerns for 2095:Edgardo Buscaglia 2043:Transaction costs 2002:Adverse selection 1832:Crime enforcement 1780:Coate-Loury model 1726:movement and the 1705:political science 1697:political economy 1652:Pareto efficiency 1643:, in particular, 1549:Frank Easterbrook 1426:Later development 1234: 1233: 1226: 1208: 1109:. The field uses 1079:Law and economics 1076: 1075: 185: 184: 149:judicial opinions 96:Law and economics 7211: 6390:Natural resource 6227:Economic history 6153:Mechanism design 6105: 6098: 6091: 6082: 6081: 6053: 6052: 6051: 6039: 6038: 5862:Question of fact 5743:Criminal justice 5073:Construction law 5068:Conflict of laws 5033:Agricultural law 4875: 4868: 4861: 4852: 4851: 4810: 4705:, 2nd Edition. 4696: 4665: 4499:(Edward Elgar, 4440: 4439: 4415: 4409: 4396: 4390: 4389: 4357: 4351: 4350: 4330: 4324: 4323: 4311: 4305: 4304: 4264: 4258: 4257: 4221: 4215: 4214: 4206: 4197: 4196: 4168: 4162: 4161: 4150: 4144: 4143: 4127: 4121: 4120: 4114: 4109: 4107: 4099: 4087: 4081: 4078: 4072: 4071: 4035: 4029: 4028: 4026: 4025: 4019: 4013:. Archived from 3980: 3971: 3965: 3964: 3928: 3922: 3921: 3904:(4): 1912–1946. 3893: 3887: 3886: 3858: 3852: 3851: 3841: 3832:(9): 3365–3394. 3817: 3811: 3810: 3785:(4): 1027–1046. 3776: 3767: 3761: 3760: 3758: 3757: 3742: 3736: 3735: 3695: 3689: 3688: 3660: 3654: 3653: 3609: 3603: 3602: 3574: 3568: 3567: 3549: 3543: 3542: 3524: 3506: 3497: 3491: 3490: 3446: 3440: 3439: 3395: 3389: 3388: 3363:(8): 1619–1712. 3348: 3342: 3341: 3329: 3323: 3322: 3304: 3280: 3274: 3273: 3247: 3238: 3232: 3231: 3221: 3212: 3206: 3205: 3165: 3159: 3158: 3126: 3120: 3119: 3093: 3084: 3078: 3077: 3052:(430): 678–689. 3041: 3035: 3034: 3032: 3031: 3017: 3011: 3010: 2994:(6): 1193–1231, 2979: 2973: 2972: 2955: 2946: 2940: 2930: 2924: 2923: 2913: 2881: 2875: 2874: 2872: 2871: 2856: 2850: 2849: 2837: 2827: 2821: 2820: 2810: 2778: 2772: 2771: 2761: 2737: 2728: 2727: 2725: 2724: 2710: 2704: 2703: 2701: 2700: 2685: 2679: 2678: 2676: 2675: 2661: 2655: 2654: 2652: 2651: 2640:"Aaron Director" 2636: 2630: 2620: 2614: 2613: 2611: 2610: 2596: 2587: 2586: 2562: 2556: 2555: 2531:Yale Law Journal 2521: 2515: 2513: 2511: 2510: 2504: 2498:. Archived from 2473: 2464: 2458: 2447: 2441: 2429: 2423: 2401: 2395: 2383: 2377: 2365: 2139:cognitive biases 1982:Natural monopoly 1865:Efficient breach 1728:sociology of law 1720:Frankfurt School 1618:strict liability 1464:FrĂ©dĂ©ric Bastiat 1263:FrĂ©dĂ©ric Bastiat 1229: 1222: 1218: 1215: 1209: 1207: 1166: 1142: 1134: 1068: 1061: 1054: 1040:Money portal 1038: 1037: 1036: 1026: 1025: 522:Natural resource 314:Economic systems 210: 187: 186: 177: 170: 163: 101:Sociology of law 42: 19: 18: 7219: 7218: 7214: 7213: 7212: 7210: 7209: 7208: 7189: 7188: 7187: 7182: 7179:Business portal 7146: 7145: 7144: 7104: 6868:von Böhm-Bawerk 6756: 6755: 6746: 6518:Ancient thought 6496: 6495: 6489: 6480: 6479: 6478: 6231: 6196: 6148:Contract theory 6133:Decision theory 6114: 6109: 6079: 6074: 6047: 6033: 6024: 6001: 5992:Political party 5965:Legal education 5953:Law enforcement 5933:Court of equity 5891: 5867:Question of law 5820:Practice of law 5800:Judicial review 5714: 5665:Legal formalism 5645:Comparative law 5640:Contract theory 5623: 5543:Legal pluralism 5514: 5503:Act of Congress 5427:Executive order 5393: 5295: 5214:Nationality law 5139:Immigration law 5063:Competition law 5016: 4884: 4879: 4832:article in the 4826: 4807: 4662: 4625:Kennedy, Duncan 4545:Friedman, David 4501:Online version. 4495:, eds. (2000). 4493:Gerrit De Geest 4471:Giovanni Bianco 4449: 4447:Further reading 4444: 4443: 4416: 4412: 4397: 4393: 4378:10.2307/1229304 4358: 4354: 4347: 4331: 4327: 4312: 4308: 4285:10.2307/1072437 4265: 4261: 4246: 4222: 4218: 4207: 4200: 4193: 4169: 4165: 4152: 4151: 4147: 4141: 4129: 4128: 4124: 4112: 4110: 4101: 4100: 4088: 4084: 4079: 4075: 4036: 4032: 4023: 4021: 4017: 3978: 3972: 3968: 3929: 3925: 3894: 3890: 3859: 3855: 3818: 3814: 3774: 3768: 3764: 3755: 3753: 3744: 3743: 3739: 3696: 3692: 3661: 3657: 3610: 3606: 3575: 3571: 3564: 3550: 3546: 3522:10.1.1.295.3014 3504: 3498: 3494: 3447: 3443: 3396: 3392: 3369:10.2307/1073903 3349: 3345: 3330: 3326: 3281: 3277: 3245: 3239: 3235: 3219: 3213: 3209: 3186:10.2307/3481427 3166: 3162: 3127: 3123: 3091: 3085: 3081: 3058:10.2307/2235027 3042: 3038: 3029: 3027: 3019: 3018: 3014: 3000:10.2307/1122392 2980: 2976: 2953: 2947: 2943: 2931: 2927: 2882: 2878: 2869: 2867: 2858: 2857: 2853: 2846: 2828: 2824: 2779: 2775: 2738: 2731: 2722: 2720: 2712: 2711: 2707: 2698: 2696: 2687: 2686: 2682: 2673: 2671: 2663: 2662: 2658: 2649: 2647: 2644:Mises Institute 2638: 2637: 2633: 2621: 2617: 2608: 2606: 2598: 2597: 2590: 2583: 2563: 2559: 2522: 2518: 2508: 2506: 2502: 2471: 2465: 2461: 2448: 2444: 2430: 2426: 2402: 2398: 2384: 2380: 2376:, v. 3, p. 144. 2366: 2362: 2357: 2352: 2268:Contract theory 2258: 2239:socio-economics 2219: 2210: 2197: 2151: 2107: 2090: 2077: 2072: 1992:Peltzman effect 1965:Property rights 1859:Contract theory 1852:surface freight 1771: 1716:critical theory 1688: 1672: 1634: 1610: 1602: 1559:Andrei Shleifer 1502:Yale University 1498:Guido Calabresi 1452: 1428: 1393:Guido Calabresi 1376: 1350:Philip Mirowski 1323:Milton Friedman 1239: 1230: 1219: 1213: 1210: 1167: 1165: 1155: 1143: 1132: 1072: 1034: 1032: 1020: 1013: 1012: 983: 973: 972: 971: 970: 734:von Böhm-Bawerk 622: 611: 610: 372: 364: 363: 319:Economic growth 309: 301: 300: 242: 240:classifications 181: 17: 12: 11: 5: 7217: 7207: 7206: 7201: 7184: 7183: 7181: 7176: 7171: 7166: 7161: 7156: 7151: 7148: 7147: 7143: 7142: 7137: 7127: 7122: 7116: 7115: 7114: 7112: 7106: 7105: 7103: 7102: 7095: 7090: 7085: 7080: 7075: 7070: 7065: 7060: 7055: 7050: 7045: 7040: 7035: 7030: 7025: 7020: 7015: 7010: 7005: 7000: 6995: 6990: 6985: 6980: 6975: 6970: 6965: 6960: 6955: 6950: 6945: 6940: 6935: 6930: 6925: 6920: 6915: 6910: 6905: 6900: 6895: 6890: 6885: 6880: 6875: 6870: 6865: 6860: 6855: 6850: 6845: 6840: 6835: 6830: 6825: 6820: 6815: 6810: 6805: 6800: 6795: 6790: 6785: 6780: 6775: 6770: 6765: 6759: 6757: 6751: 6748: 6747: 6745: 6744: 6739: 6734: 6729: 6724: 6719: 6714: 6713: 6712: 6702: 6701: 6700: 6690: 6685: 6680: 6679: 6678: 6668: 6663: 6658: 6657: 6656: 6655: 6654: 6644: 6639: 6624: 6619: 6614: 6609: 6604: 6599: 6594: 6589: 6584: 6582:Disequilibrium 6579: 6574: 6569: 6564: 6559: 6558: 6557: 6547: 6542: 6537: 6532: 6531: 6530: 6520: 6515: 6510: 6505: 6499: 6497: 6485: 6482: 6481: 6477: 6476: 6471: 6466: 6461: 6456: 6451: 6446: 6441: 6436: 6431: 6422: 6417: 6412: 6407: 6402: 6397: 6395:Organizational 6392: 6387: 6382: 6377: 6374: 6369: 6364: 6359: 6354: 6349: 6344: 6339: 6334: 6329: 6324: 6319: 6314: 6309: 6304: 6299: 6294: 6289: 6284: 6279: 6274: 6269: 6264: 6259: 6254: 6249: 6243: 6242: 6241: 6239: 6233: 6232: 6230: 6229: 6224: 6219: 6218: 6217: 6206: 6204: 6198: 6197: 6195: 6194: 6189: 6184: 6183: 6182: 6172: 6167: 6162: 6160:Macroeconomics 6157: 6156: 6155: 6150: 6145: 6140: 6135: 6128:Microeconomics 6124: 6122: 6116: 6115: 6108: 6107: 6100: 6093: 6085: 6076: 6075: 6073: 6072: 6065: 6058: 6044: 6041:Law portal 6029: 6026: 6025: 6023: 6022: 6021: 6020: 6009: 6007: 6003: 6002: 6000: 5999: 5994: 5989: 5984: 5979: 5974: 5973: 5972: 5962: 5961: 5960: 5950: 5945: 5940: 5935: 5930: 5925: 5920: 5915: 5910: 5905: 5899: 5897: 5893: 5892: 5890: 5889: 5884: 5879: 5877:Trial advocacy 5874: 5869: 5864: 5859: 5858: 5857: 5852: 5847: 5842: 5837: 5832: 5827: 5817: 5812: 5807: 5802: 5797: 5792: 5791: 5790: 5785: 5775: 5770: 5765: 5760: 5755: 5750: 5745: 5740: 5735: 5730: 5724: 5722: 5716: 5715: 5713: 5712: 5707: 5702: 5697: 5692: 5687: 5682: 5677: 5672: 5667: 5662: 5657: 5652: 5647: 5642: 5637: 5631: 5629: 5625: 5624: 5622: 5621: 5616: 5611: 5606: 5601: 5600: 5599: 5589: 5588: 5587: 5582: 5577: 5572: 5567: 5562: 5561: 5560: 5545: 5540: 5535: 5530: 5524: 5522: 5516: 5515: 5513: 5512: 5507: 5506: 5505: 5500: 5495: 5485: 5484: 5483: 5473: 5468: 5463: 5458: 5457: 5456: 5451: 5446: 5436: 5435: 5434: 5429: 5424: 5414: 5409: 5407:Ballot measure 5403: 5401: 5395: 5394: 5392: 5391: 5386: 5384:Legal treatise 5381: 5380: 5379: 5374: 5364: 5363: 5362: 5352: 5350:Letters patent 5347: 5342: 5341: 5340: 5330: 5325: 5320: 5311: 5305: 5303: 5301:Sources of law 5297: 5296: 5294: 5293: 5288: 5286:Unenforced law 5283: 5278: 5273: 5268: 5263: 5258: 5253: 5248: 5243: 5238: 5233: 5232: 5231: 5226: 5216: 5211: 5206: 5201: 5196: 5191: 5186: 5181: 5176: 5171: 5166: 5161: 5156: 5151: 5146: 5141: 5136: 5131: 5126: 5121: 5116: 5111: 5105: 5100: 5095: 5090: 5085: 5080: 5075: 5070: 5065: 5060: 5058:Commercial law 5055: 5050: 5045: 5040: 5035: 5030: 5024: 5022: 5018: 5017: 5015: 5014: 5009: 5004: 4999: 4998: 4997: 4987: 4982: 4977: 4976: 4975: 4970: 4960: 4955: 4950: 4945: 4940: 4935: 4930: 4925: 4924: 4923: 4913: 4908: 4903: 4898: 4892: 4890: 4886: 4885: 4878: 4877: 4870: 4863: 4855: 4849: 4848: 4843: 4838: 4825: 4824:External links 4822: 4821: 4820: 4818:, 19(2019), 3. 4811: 4805: 4790: 4778: 4764: 4751: 4742:, 44(2), pp. 4732: 4729:978-0735594425 4714: 4697: 4686: 4681:978-1848443099 4666: 4660: 4644: 4634: 4622: 4610: 4592: 4579: 4576:978-0691090092 4566:_____ (2001). 4564: 4556:_____ (2000). 4554: 4542: 4524:Cooter, Robert 4521: 4503: 4486: 4483:978-8834892718 4468: 4448: 4445: 4442: 4441: 4410: 4391: 4352: 4345: 4325: 4306: 4279:(3): 469–481. 4259: 4244: 4216: 4198: 4191: 4163: 4145: 4139: 4122: 4113:|journal= 4082: 4073: 4052:10.1086/466984 4046:(2): 273–288. 4030: 3995:10.1086/466954 3989:(1): 111–134. 3966: 3923: 3888: 3869:(3): 291–303. 3853: 3812: 3762: 3737: 3710:(4): 616–628. 3690: 3655: 3604: 3585:(2): 347–359. 3569: 3562: 3544: 3492: 3479:10.1086/511996 3463:10.1086/511996 3441: 3412:10.1086/467688 3406:(2): 397–407. 3390: 3343: 3324: 3295:(1): 163–190. 3275: 3262:10.1086/259394 3256:(2): 169–217. 3233: 3207: 3180:(2): 323–372. 3160: 3141:(2): 783–827. 3121: 3079: 3036: 3012: 2974: 2970:10.1086/259394 2941: 2925: 2876: 2851: 2844: 2822: 2773: 2729: 2705: 2680: 2656: 2631: 2625:ROBERT POOLE, 2615: 2588: 2581: 2557: 2544:10.2307/794261 2538:(4): 499–553. 2516: 2488:10.1086/466560 2459: 2442: 2438:Alan Ebenstein 2424: 2396: 2378: 2368:David Friedman 2359: 2358: 2356: 2353: 2351: 2350: 2345: 2340: 2335: 2330: 2325: 2323:Microeconomics 2320: 2315: 2310: 2305: 2300: 2295: 2290: 2285: 2280: 2275: 2270: 2265: 2259: 2257: 2254: 2218: 2215: 2209: 2206: 2196: 2193: 2159:Pareto optimal 2150: 2147: 2123:Duncan Kennedy 2106: 2103: 2089: 2086: 2076: 2073: 2071: 2070: 2065: 2058:Voting systems 2055: 2050: 2040: 2035: 2030: 2020: 2011: 2010: 2009: 2004: 1994: 1989: 1979: 1969: 1968: 1967: 1962: 1957: 1952: 1940: 1939: 1938: 1927: 1926: 1925: 1910: 1896: 1891: 1881: 1880: 1879: 1872:Discrimination 1869: 1868: 1867: 1855: 1844:communications 1833: 1830: 1829: 1828: 1823: 1818: 1808: 1803: 1798: 1793: 1783: 1772: 1770: 1767: 1687: 1684: 1671: 1668: 1633: 1630: 1609: 1606: 1601: 1598: 1597: 1596: 1591: 1586: 1584:W. Kip Viscusi 1581: 1579:William Landes 1576: 1571: 1569:Harold Demsetz 1566: 1561: 1556: 1546: 1529: 1528: 1519: 1495: 1492:Richard Posner 1489: 1480: 1474:Aaron Director 1451: 1448: 1427: 1424: 1375: 1372: 1358:Bruce Caldwell 1339:Richard Posner 1307:George Stigler 1299:Chicago School 1287:Aaron Director 1238: 1235: 1232: 1231: 1214:September 2022 1146: 1144: 1137: 1131: 1128: 1103:George Stigler 1099:Aaron Director 1074: 1073: 1071: 1070: 1063: 1056: 1048: 1045: 1044: 1043: 1042: 1030: 1015: 1014: 1011: 1010: 1005: 995: 990: 984: 979: 978: 975: 974: 969: 968: 961: 956: 951: 946: 941: 936: 931: 926: 921: 916: 911: 906: 901: 896: 891: 886: 881: 876: 871: 866: 861: 856: 851: 846: 841: 836: 831: 826: 821: 816: 811: 806: 801: 796: 791: 786: 781: 776: 771: 766: 761: 756: 751: 746: 741: 736: 731: 726: 721: 716: 711: 706: 701: 696: 691: 686: 681: 676: 671: 666: 661: 656: 651: 646: 641: 636: 631: 625: 624: 623: 617: 616: 613: 612: 609: 608: 603: 598: 593: 588: 583: 578: 573: 568: 563: 554: 549: 544: 539: 534: 529: 527:Organizational 524: 519: 514: 509: 504: 499: 494: 489: 484: 479: 474: 469: 464: 459: 454: 449: 444: 439: 434: 429: 424: 419: 414: 409: 404: 399: 394: 389: 384: 379: 373: 371:By application 370: 369: 366: 365: 362: 361: 356: 351: 346: 341: 336: 331: 326: 321: 316: 310: 307: 306: 303: 302: 299: 298: 293: 288: 283: 278: 273: 264: 259: 254: 249: 243: 237: 236: 233: 232: 231: 230: 225: 220: 212: 211: 203: 202: 196: 195: 183: 182: 180: 179: 172: 165: 157: 154: 153: 152: 151: 139: 138: 132: 131: 130: 129: 124: 119: 111: 110: 106: 105: 104: 103: 98: 93: 88: 83: 75: 74: 70: 69: 68: 67: 62: 57: 49: 48: 44: 43: 35: 34: 28: 27: 15: 9: 6: 4: 3: 2: 7216: 7205: 7202: 7200: 7197: 7196: 7194: 7180: 7177: 7175: 7172: 7170: 7167: 7165: 7162: 7160: 7157: 7155: 7152: 7149: 7141: 7138: 7135: 7131: 7128: 7126: 7123: 7121: 7118: 7117: 7113: 7111: 7107: 7101: 7100: 7096: 7094: 7091: 7089: 7086: 7084: 7081: 7079: 7076: 7074: 7071: 7069: 7066: 7064: 7061: 7059: 7056: 7054: 7051: 7049: 7046: 7044: 7041: 7039: 7036: 7034: 7031: 7029: 7026: 7024: 7021: 7019: 7016: 7014: 7011: 7009: 7006: 7004: 7001: 6999: 6996: 6994: 6991: 6989: 6986: 6984: 6981: 6979: 6976: 6974: 6971: 6969: 6966: 6964: 6961: 6959: 6956: 6954: 6951: 6949: 6946: 6944: 6941: 6939: 6936: 6934: 6931: 6929: 6926: 6924: 6921: 6919: 6916: 6914: 6911: 6909: 6906: 6904: 6901: 6899: 6896: 6894: 6891: 6889: 6886: 6884: 6881: 6879: 6876: 6874: 6871: 6869: 6866: 6864: 6861: 6859: 6856: 6854: 6851: 6849: 6846: 6844: 6841: 6839: 6836: 6834: 6831: 6829: 6826: 6824: 6821: 6819: 6816: 6814: 6811: 6809: 6806: 6804: 6801: 6799: 6796: 6794: 6791: 6789: 6786: 6784: 6781: 6779: 6776: 6774: 6771: 6769: 6766: 6764: 6763:de Mandeville 6761: 6760: 6758: 6754: 6749: 6743: 6740: 6738: 6735: 6733: 6730: 6728: 6725: 6723: 6720: 6718: 6715: 6711: 6708: 6707: 6706: 6705:New classical 6703: 6699: 6696: 6695: 6694: 6691: 6689: 6686: 6684: 6681: 6677: 6674: 6673: 6672: 6669: 6667: 6664: 6662: 6661:Malthusianism 6659: 6653: 6650: 6649: 6648: 6645: 6643: 6640: 6637: 6633: 6630: 6629: 6628: 6625: 6623: 6622:Institutional 6620: 6618: 6615: 6613: 6610: 6608: 6605: 6603: 6600: 6598: 6595: 6593: 6590: 6588: 6585: 6583: 6580: 6578: 6575: 6573: 6570: 6568: 6565: 6563: 6560: 6556: 6553: 6552: 6551: 6548: 6546: 6543: 6541: 6538: 6536: 6533: 6529: 6526: 6525: 6524: 6521: 6519: 6516: 6514: 6511: 6509: 6506: 6504: 6501: 6500: 6498: 6493: 6488: 6483: 6475: 6472: 6470: 6467: 6465: 6462: 6460: 6457: 6455: 6452: 6450: 6447: 6445: 6442: 6440: 6437: 6435: 6432: 6430: 6426: 6425:Public choice 6423: 6421: 6418: 6416: 6413: 6411: 6408: 6406: 6403: 6401: 6400:Participation 6398: 6396: 6393: 6391: 6388: 6386: 6383: 6381: 6378: 6375: 6373: 6370: 6368: 6365: 6363: 6362:Institutional 6360: 6358: 6355: 6353: 6350: 6348: 6345: 6343: 6340: 6338: 6335: 6333: 6330: 6328: 6325: 6323: 6320: 6318: 6315: 6313: 6312:Expeditionary 6310: 6308: 6305: 6303: 6302:Environmental 6300: 6298: 6295: 6293: 6290: 6288: 6285: 6283: 6280: 6278: 6275: 6273: 6270: 6268: 6265: 6263: 6260: 6258: 6255: 6253: 6250: 6248: 6245: 6244: 6240: 6238: 6234: 6228: 6225: 6223: 6220: 6216: 6213: 6212: 6211: 6208: 6207: 6205: 6203: 6199: 6193: 6190: 6188: 6185: 6181: 6178: 6177: 6176: 6173: 6171: 6168: 6166: 6163: 6161: 6158: 6154: 6151: 6149: 6146: 6144: 6141: 6139: 6136: 6134: 6131: 6130: 6129: 6126: 6125: 6123: 6121: 6117: 6113: 6106: 6101: 6099: 6094: 6092: 6087: 6086: 6083: 6071: 6070: 6066: 6064: 6063: 6059: 6057: 6056: 6045: 6043: 6042: 6037: 6031: 6030: 6027: 6019: 6016: 6015: 6014: 6011: 6010: 6008: 6004: 5998: 5995: 5993: 5990: 5988: 5985: 5983: 5980: 5978: 5975: 5971: 5968: 5967: 5966: 5963: 5959: 5956: 5955: 5954: 5951: 5949: 5946: 5944: 5941: 5939: 5936: 5934: 5931: 5929: 5926: 5924: 5923:Civil society 5921: 5919: 5916: 5914: 5911: 5909: 5906: 5904: 5901: 5900: 5898: 5894: 5888: 5885: 5883: 5882:Trier of fact 5880: 5878: 5875: 5873: 5870: 5868: 5865: 5863: 5860: 5856: 5853: 5851: 5848: 5846: 5843: 5841: 5838: 5836: 5833: 5831: 5828: 5826: 5823: 5822: 5821: 5818: 5816: 5813: 5811: 5808: 5806: 5803: 5801: 5798: 5796: 5793: 5789: 5786: 5784: 5781: 5780: 5779: 5776: 5774: 5771: 5769: 5768:Legal opinion 5766: 5764: 5761: 5759: 5756: 5754: 5751: 5749: 5748:Court-martial 5746: 5744: 5741: 5739: 5736: 5734: 5731: 5729: 5726: 5725: 5723: 5721: 5720:Jurisprudence 5717: 5711: 5708: 5706: 5703: 5701: 5698: 5696: 5693: 5691: 5688: 5686: 5683: 5681: 5678: 5676: 5673: 5671: 5668: 5666: 5663: 5661: 5658: 5656: 5653: 5651: 5648: 5646: 5643: 5641: 5638: 5636: 5633: 5632: 5630: 5626: 5620: 5617: 5615: 5612: 5610: 5609:Statutory law 5607: 5605: 5604:Socialist law 5602: 5598: 5597:Byzantine law 5595: 5594: 5593: 5590: 5586: 5583: 5581: 5578: 5576: 5573: 5571: 5568: 5566: 5563: 5559: 5556: 5555: 5554: 5551: 5550: 5549: 5548:Religious law 5546: 5544: 5541: 5539: 5536: 5534: 5531: 5529: 5526: 5525: 5523: 5521: 5520:Legal systems 5517: 5511: 5508: 5504: 5501: 5499: 5496: 5494: 5491: 5490: 5489: 5488:Statutory law 5486: 5482: 5479: 5478: 5477: 5474: 5472: 5469: 5467: 5464: 5462: 5459: 5455: 5452: 5450: 5447: 5445: 5442: 5441: 5440: 5437: 5433: 5430: 5428: 5425: 5423: 5420: 5419: 5418: 5415: 5413: 5410: 5408: 5405: 5404: 5402: 5400: 5396: 5390: 5387: 5385: 5382: 5378: 5375: 5373: 5370: 5369: 5368: 5365: 5361: 5358: 5357: 5356: 5353: 5351: 5348: 5346: 5343: 5339: 5336: 5335: 5334: 5331: 5329: 5326: 5324: 5321: 5319: 5318:Statutory law 5315: 5312: 5310: 5307: 5306: 5304: 5302: 5298: 5292: 5289: 5287: 5284: 5282: 5279: 5277: 5276:Transport law 5274: 5272: 5269: 5267: 5264: 5262: 5259: 5257: 5254: 5252: 5249: 5247: 5244: 5242: 5239: 5237: 5234: 5230: 5227: 5225: 5222: 5221: 5220: 5217: 5215: 5212: 5210: 5207: 5205: 5202: 5200: 5197: 5195: 5194:Legal fiction 5192: 5190: 5187: 5185: 5182: 5180: 5177: 5175: 5172: 5170: 5167: 5165: 5162: 5160: 5157: 5155: 5152: 5150: 5147: 5145: 5142: 5140: 5137: 5135: 5132: 5130: 5127: 5125: 5124:Financial law 5122: 5120: 5117: 5115: 5112: 5109: 5106: 5104: 5101: 5099: 5096: 5094: 5091: 5089: 5086: 5084: 5083:Corporate law 5081: 5079: 5076: 5074: 5071: 5069: 5066: 5064: 5061: 5059: 5056: 5054: 5051: 5049: 5046: 5044: 5041: 5039: 5036: 5034: 5031: 5029: 5026: 5025: 5023: 5019: 5013: 5010: 5008: 5007:Statutory law 5005: 5003: 5000: 4996: 4993: 4992: 4991: 4988: 4986: 4983: 4981: 4978: 4974: 4971: 4969: 4966: 4965: 4964: 4961: 4959: 4956: 4954: 4951: 4949: 4946: 4944: 4941: 4939: 4936: 4934: 4931: 4929: 4926: 4922: 4919: 4918: 4917: 4914: 4912: 4909: 4907: 4904: 4902: 4899: 4897: 4894: 4893: 4891: 4889:Core subjects 4887: 4883: 4876: 4871: 4869: 4864: 4862: 4857: 4856: 4853: 4847: 4844: 4842: 4839: 4837: 4836: 4831: 4828: 4827: 4819: 4817: 4816:Global Jurist 4812: 4808: 4802: 4799:. MIT Press. 4798: 4797: 4791: 4789: 4785: 4782: 4779: 4777: 4773: 4769: 4765: 4763: 4759: 4755: 4752: 4749: 4745: 4741: 4737: 4733: 4730: 4726: 4722: 4718: 4715: 4712: 4708: 4704: 4703: 4698: 4694: 4693: 4687: 4685: 4682: 4678: 4674: 4670: 4669:Mackaay, Ejan 4667: 4663: 4657: 4653: 4649: 4645: 4642: 4639: 4635: 4633: 4630: 4626: 4623: 4621: 4619: 4614: 4611: 4608: 4607:0-521-82681-0 4604: 4600: 4596: 4593: 4590: 4589: 4584: 4580: 4577: 4573: 4569: 4565: 4563: 4559: 4555: 4552: 4551: 4546: 4543: 4541: 4540:0-321-33634-8 4537: 4533: 4529: 4525: 4522: 4519: 4518:0-226-11101-6 4515: 4511: 4507: 4506:Coase, Ronald 4504: 4502: 4498: 4494: 4490: 4487: 4484: 4480: 4476: 4472: 4469: 4467: 4464: 4461: 4457: 4454: 4453:Kai Purnhagen 4451: 4450: 4437: 4433: 4429: 4425: 4421: 4414: 4407: 4406: 4401: 4395: 4387: 4383: 4379: 4375: 4371: 4367: 4363: 4356: 4348: 4346:9780674341111 4342: 4338: 4337: 4329: 4321: 4317: 4310: 4302: 4298: 4294: 4290: 4286: 4282: 4278: 4274: 4270: 4263: 4255: 4251: 4247: 4241: 4237: 4233: 4229: 4228: 4220: 4212: 4205: 4203: 4194: 4192:9780199918638 4188: 4184: 4180: 4176: 4175: 4167: 4159: 4155: 4149: 4142: 4136: 4132: 4126: 4118: 4105: 4097: 4093: 4086: 4077: 4069: 4065: 4061: 4057: 4053: 4049: 4045: 4041: 4034: 4020:on 2022-01-16 4016: 4012: 4008: 4004: 4000: 3996: 3992: 3988: 3984: 3977: 3970: 3962: 3958: 3954: 3950: 3946: 3942: 3938: 3934: 3927: 3919: 3915: 3911: 3907: 3903: 3899: 3892: 3884: 3880: 3876: 3872: 3868: 3864: 3857: 3849: 3845: 3840: 3835: 3831: 3827: 3823: 3816: 3808: 3804: 3800: 3796: 3792: 3788: 3784: 3780: 3773: 3766: 3751: 3747: 3741: 3733: 3729: 3725: 3721: 3717: 3713: 3709: 3705: 3701: 3694: 3686: 3682: 3678: 3674: 3670: 3666: 3659: 3651: 3647: 3643: 3639: 3635: 3631: 3627: 3623: 3619: 3615: 3608: 3600: 3596: 3592: 3588: 3584: 3580: 3573: 3565: 3559: 3555: 3548: 3540: 3536: 3532: 3528: 3523: 3518: 3514: 3510: 3503: 3496: 3488: 3484: 3480: 3476: 3472: 3468: 3464: 3460: 3456: 3452: 3445: 3437: 3433: 3429: 3425: 3421: 3417: 3413: 3409: 3405: 3401: 3394: 3386: 3382: 3378: 3374: 3370: 3366: 3362: 3358: 3354: 3347: 3339: 3335: 3328: 3320: 3316: 3312: 3308: 3303: 3298: 3294: 3290: 3286: 3279: 3271: 3267: 3263: 3259: 3255: 3251: 3244: 3237: 3229: 3225: 3218: 3211: 3203: 3199: 3195: 3191: 3187: 3183: 3179: 3175: 3171: 3164: 3156: 3152: 3148: 3144: 3140: 3136: 3132: 3125: 3117: 3113: 3109: 3105: 3101: 3097: 3090: 3083: 3075: 3071: 3067: 3063: 3059: 3055: 3051: 3047: 3040: 3026: 3022: 3016: 3009: 3005: 3001: 2997: 2993: 2989: 2985: 2978: 2971: 2967: 2963: 2959: 2952: 2945: 2938: 2934: 2929: 2921: 2917: 2912: 2907: 2903: 2899: 2895: 2891: 2890:Global Jurist 2887: 2880: 2865: 2861: 2855: 2847: 2841: 2836: 2835: 2826: 2818: 2814: 2809: 2804: 2800: 2796: 2792: 2788: 2787:Global Jurist 2784: 2777: 2769: 2765: 2760: 2755: 2751: 2747: 2743: 2736: 2734: 2719: 2715: 2709: 2694: 2690: 2684: 2670: 2666: 2660: 2645: 2641: 2635: 2628: 2624: 2619: 2605: 2601: 2595: 2593: 2584: 2578: 2574: 2570: 2569: 2561: 2553: 2549: 2545: 2541: 2537: 2533: 2532: 2527: 2520: 2505:on 2019-08-07 2501: 2497: 2493: 2489: 2485: 2481: 2477: 2470: 2463: 2457: 2456: 2451: 2446: 2439: 2435: 2434: 2428: 2421: 2420: 2415: 2411: 2410: 2405: 2400: 2393: 2392: 2387: 2382: 2375: 2374: 2369: 2364: 2360: 2349: 2346: 2344: 2341: 2339: 2336: 2334: 2331: 2329: 2326: 2324: 2321: 2319: 2316: 2314: 2311: 2309: 2306: 2304: 2301: 2299: 2296: 2294: 2291: 2289: 2286: 2284: 2281: 2279: 2276: 2274: 2271: 2269: 2266: 2264: 2261: 2260: 2253: 2251: 2246: 2244: 2240: 2236: 2232: 2228: 2224: 2214: 2205: 2203: 2192: 2190: 2185: 2182: 2179: 2175: 2170: 2168: 2164: 2160: 2156: 2146: 2144: 2140: 2136: 2132: 2128: 2124: 2120: 2116: 2112: 2102: 2100: 2099:Robert Cooter 2096: 2085: 2081: 2069: 2066: 2063: 2059: 2056: 2054: 2051: 2048: 2047:Coase theorem 2044: 2041: 2039: 2036: 2034: 2031: 2028: 2024: 2021: 2019: 2018:public health 2016:measures for 2015: 2012: 2008: 2005: 2003: 2000: 1999: 1998: 1995: 1993: 1990: 1987: 1983: 1980: 1977: 1973: 1970: 1966: 1963: 1961: 1958: 1956: 1953: 1951: 1950: 1946: 1945: 1944: 1941: 1937: 1934: 1933: 1932: 1928: 1924: 1921: 1920: 1918: 1914: 1911: 1908: 1904: 1900: 1897: 1895: 1892: 1889: 1885: 1882: 1878: 1875: 1874: 1873: 1870: 1866: 1863: 1862: 1860: 1856: 1853: 1849: 1845: 1841: 1837: 1834: 1831: 1827: 1824: 1822: 1819: 1817: 1814: 1813: 1812: 1809: 1807: 1804: 1802: 1799: 1797: 1794: 1791: 1787: 1786:Antitrust law 1784: 1781: 1777: 1774: 1773: 1766: 1764: 1760: 1756: 1751: 1749: 1745: 1741: 1737: 1732: 1729: 1725: 1721: 1717: 1713: 1708: 1706: 1702: 1698: 1693: 1683: 1681: 1677: 1667: 1663: 1659: 1657: 1653: 1648: 1646: 1642: 1638: 1629: 1627: 1623: 1619: 1615: 1605: 1595: 1592: 1590: 1587: 1585: 1582: 1580: 1577: 1575: 1572: 1570: 1567: 1565: 1564:Robert Cooter 1562: 1560: 1557: 1554: 1550: 1547: 1545: 1541: 1537: 1534: 1533: 1532: 1527: 1523: 1520: 1517: 1513: 1512: 1507: 1503: 1499: 1496: 1493: 1490: 1488: 1484: 1481: 1479: 1475: 1472: 1471: 1470: 1467: 1465: 1461: 1460:David Ricardo 1457: 1447: 1445: 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Index

a series
Law

Definition
Philosophy
History
Jurisprudence
Judicial interpretation
Positive law
Law and economics
Sociology of law
Normative
Prescriptive
Jurimetrics
Legal debate
Legal
judicial opinions
v
t
e
a series
Economics

History
Outline
Index
classifications
Applied
Econometrics
Heterodox

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