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Law and Economics Commons

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SelectedWorks

2007

Law and Economics

Articles 1 - 2 of 2

Full-Text Articles in Law and Economics

The Dao Of Jurisprudence: The Art And Science Of Optimal Justice, Daniel J. Boyle Jan 2007

The Dao Of Jurisprudence: The Art And Science Of Optimal Justice, Daniel J. Boyle

Daniel J Boyle

The law intersects with reality in order to influence or control behavior in an evolutionary process that filters or mediates society through the voices and influences of the actors affected. By modeling this system at the highest levels of generalization, we can explore notions of optimality.


Economic Analysis Of Law In North America, Europe And Israel, Oren Gazal-Ayal Jan 2007

Economic Analysis Of Law In North America, Europe And Israel, Oren Gazal-Ayal

Oren Gazal-Ayal

What explains the popularity of law and economics (L&E) in some academic communities and the scarcity of such scholarship in others? Many explanations have been given for the centrality of economic analysis in American legal thought and its marginality in Europe. This article examines what drives scholars to select L&E as a topic for research. It does so by implementing the methodology of many papers in the field – by assuming that regulation and incentives matter. Legal scholars face very different academic incentives in different parts of the world. In some countries, the academic standards for appointment, promotion and tenure …