Economics Dictionary of ArgumentsHome
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| Law and economics: Law and economics is an interdisciplinary field merging legal principles with economic analysis. It applies economic theory to understand legal rules, institutions, and behaviors. By evaluating how laws influence individual behavior and societal outcomes, it aims to create more efficient and equitable legal systems._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Ronald Coase on Law and Economics - Dictionary of Arguments
Kiesling I 26 Law and economics/Coase/Kiesling: The ideas Coase developed formed a foundation for the then-new field of law and economics, and created a research agenda for both law and economics and the field of property rights economics that would emerge in the 1970s. >Transaction costs/Coase, >Social costs/Coase, >Law/Coase, >Information/Coase. Those ideas have also been influential in environmental and natural resource economics by providing a rich theoretical framework for considering policy alternatives to command-and-control regulation or Pigou-style taxation. The pervasiveness of transaction costs includes difficulty defining property rights, so there are resources and contexts in which groups of people use resources communally and have to figure out how to make the best use of them. >Social cost/Ostrom._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
Coase, Ronald Kiesling I L. Lynne Kiesling The Essential Ronald Coase Vancouver: Fraser Institute. 2021 |
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Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
