Application of economic theory to analysis of legal systems
Part of a series on
Law
Foundations and Philosophy
Definition
Philosophy
History
Legal theory
Jurisprudence
Judicial interpretation
Positive law
Law and economics
Sociology of law
Methodological background
Normative
Prescriptive
Legal debate
Legal and judicial opinions
v
t
e
Part of a series on
Economics
History
Outline
Index
Branches and classifications
Applied
Econometrics
Heterodox
International
Micro / Macro
Mainstream
Mathematical
Methodology
Political
JEL classification codes
Concepts, theory and techniques
Economic systems
Economic growth
Market
National accounting
Experimental economics
Computational economics
Game theory
Operations research
Middle income trap
Industrial complex
By application
Agricultural
Behavioral
Business
Cultural
Demographic
Development
Digitization
Ecological
Education
Engineering
Environmental
Evolutionary
Expeditionary
Feminist
Financial
Geographical
Happiness
Health
Historical
Humanistic
Industrial organization
Information
Institutional
Knowledge
Labour
Law
Managerial
Monetary
Natural resource
Organizational
Participation
Personnel
Planning
Policy
Public
Public choice / Social choice theory
Regional
Rural
Service
Socio
Sociological
Solidarity
Statistics
Urban
Welfare
Notable economists
de Mandeville
Quesnay
Smith
Malthus
Say
Ricardo
von Thünen
List
Bastiat
Cournot
Mill
Gossen
Marx
Walras
Jevons
George
Menger
Marshall
Edgeworth
Clark
Pareto
von Böhm-Bawerk
von Wieser
Veblen
Fisher
Pigou
Heckscher
von Mises
Schumpeter
Keynes
Knight
Polanyi
Frisch
Sraffa
Myrdal
Hayek
Kalecki
Röpke
Kuznets
Tinbergen
Robinson
von Neumann
Hicks
Lange
Leontief
Galbraith
Koopmans
Schumacher
Friedman
Samuelson
Simon
Buchanan
Arrow
Baumol
Solow
Rothbard
Greenspan
Sowell
Becker
Ostrom
Sen
Lucas
Stiglitz
Thaler
Hoppe
Krugman
Piketty
more
Lists
Glossary
Economists
Publications (journals)
Schools
Business portal
Money portal
v
t
e
Law and economics, or economic analysis of law, is the application of microeconomic theory to the analysis of law. The field emerged in the United States during the early 1960s, primarily from the work of scholars from the Chicago school of economics such as Aaron Director, George Stigler, and Ronald Coase. The field uses economics concepts to explain the effects of laws, to assess which legal rules are economically efficient, and to predict which legal rules will be promulgated.[1] There are two major branches of law and economics;[2] one based on the application of the methods and theories of neoclassical economics 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.
^David Friedman (1987). "law and economics," The New Palgrave: A Dictionary of Economics, v. 3, p. 144.
^Ronald Coase (1996). "Law and Economics and A.W. Brian Simpson," The Journal of Legal Studies, v. 25, p. 103-104.
Lawandeconomics, or economic analysis of law, is the application of microeconomic theory to the analysis of law. The field emerged in the United States...
Economics (/ˌɛkəˈnɒmɪks, ˌiːkə-/) is a social science that studies the production, distribution, and consumption of goods and services. Economics focuses...
The Royal University of LawandEconomics (RULE) is one of the oldest higher educational institutions in Cambodia. RULE was established in 1949 as the...
creation of laws themselves may be influenced by a constitution, written or tacit, and the rights encoded therein. The law shapes politics, economics, history...
The Journal of LawandEconomics is an academic journal published by the University of Chicago Press. It publishes articles on the economic analysis of...
covering history, politics, philosophy, law, education, andeconomics. These include: Liberty Fund's Natural Lawand Enlightenment Series Alexis de Tocqueville's...
public choice theory and law andeconomics, which have led to revolutionary changes in the study of political science andlaw. Other economists affiliated...
institutional economics from the later 20th century, which integrates later developments of neoclassical economics into the analysis. Lawandeconomics has been...
of EconomicsandLaw (UEL; Vietnamese: Trường Đại học Kinh tế – Luật, Đại học Quốc gia Thành phố Hồ Chí Minh), or VNU-HCM University of Economicsand Law...
Litschka, Law by Human Intent or Evolution? Some Remarks on the Austrian School of Economics' Role in the Development of LawandEconomics, European Journal...
Behavioral economics is the study of the psychological, cognitive, emotional, cultural and social factors involved in the decisions of individuals or...
American LawandEconomics Association (ALEA), a United States organization founded in 1991, is focused on the advancement of economic understanding of law, and...
Zhongnan University of EconomicsandLaw (ZUEL; 中南财经政法大学; lit. 'Central–southern University of Finance, Economics, Political Science andLaw') is a public university...
Constitutional economics is a research program in economicsand constitutionalism that has been described as explaining the choice "of alternative sets...
Corporate law (also known as business law, company law or enterprise law) is the body of law governing the rights, relations, and conduct of persons,...
externalities and institutional design, including LawandEconomics. Analyses are now built on a more complex set of methodological principles and criteria...
university specializing in the social and behavioral sciences, economics, law, business sciences, theology and humanities, located in Tilburg in the southern...
the law school and scholar on commercial lawand public choice Jonathan Masur: behavioral lawandeconomics, patent law, and administrative law scholar...
the Clifton R. Musser Professor of Economics at the University of Chicago Law School, where he arrived in 1964 and remained for the rest of his life....
School of EconomicsandLaw (German: Hochschule für Wirtschaft und Recht), abbreviated as BSEL, is a public institution of higher education and research...
This glossary of economics is a list of definitions of terms and concepts used in economics, its sub-disciplines, and related fields. Contents: 0–9 A...
Philosophy andeconomics studies topics such as public economics, behavioural economics, rationality, justice, history of economic thought, rational choice...
connections with both agency and incentives, contract theory is often categorized within a field known as lawandeconomics. One prominent application of...
This is a list of important publications in economics, organized by field. Some basic reasons why a particular publication might be regarded as important:...
Global Information
