One calls Law and Economics a certain branch of the right theory/philosophy of law. It developed in the course 20. Century in the USA, where Law and Economics represents meanwhile one of the most influential currents. It spread in addition, in other anglo-saxon and continental-European countries within the rechtswissentschaftlichen research. Also in Germany a ever larger circle of jurisprudence-learn with Law Economics are occupied and. Richard Posner is considered as one the founder of this system of thought. Wegbereiter were also famous economists like e.g. Ronald Coase. Meanwhile the complexity grew within this system enormously, numerous theories developed.

Principle

As the most important principle of Law and Economics can be called striving for "“efficiency"” in the right. Economic analysis, theory and methodology are used for considerations over optimal legislation and juridical systems. The economic consequences and following costs are considered as the most important yardstick to the examination of laws and organisational structures in the right.

Literature

• Richard Posner: Economic analysis OF Law. 6. Edition. Aspen, 2002, ISBN 0735534748.
• Hans Bernd shepherd, Claus Ott: Text book of the economic analysis of the civil law. 4. Edition. Springer, Berlin 2005, ISBN 3540228055

Related links

• Viktor Winkler, '' Some realism about Rationalism: Economic analysis OF Law in Germany '', German Law journal 2005, 1033.

Articles in category "Law and Economics"

We found here 19 articles.

Related Websites

We found here 5 related websites.

• Encyclopedia of Law and Economics
  Covers the current field of law and economics. Full texts available online.


• FindLaw: Law and Economics
  Links to law and economics resources, journals, working papers, bibliographies, associations, academic...


• Law and Economics Links
  Law and Economics Resources. American Economics Association ... Stanford Law School - John M. Olin Program for Law and Economics ...


• The Journal of Law & Economics
  The Journal of Law & Economics. ... The Journal of Law and Economics Electronic Edition · Journal Description · Editorial Board ...


• The Journal of Law & Economics
  The Journal of Law & Economics. ... The Journal of Law and Economics Electronic Edition · Journal Description · Editorial Board ...