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Information Journal Paper

Title

FUNDAMENTAL PRINCIPLES IN ECONOMIC ANALYSIS OF LAW

Pages

  13-60

Abstract

 Economic Analysis of law is a new field of interdisciplinary studies in law which is all new to the Iranian scholars. It needs a clear presentation of its nature, theoretical roots in legal jurisprudence, methodology of analysis and fundamental ideas. This article will attempt to present an overview to these fundamental points with particular emphasis on its jurisprudential roots; the rise and development of the field; rational choice theory as a principal tool for predicting the effects of rules of law; and, finally, efficiency as the criterion for evaluation of rules of law.Economic analysis of law seeks to answer two basic questions about legal rules: what are the effects of legal rules on the behavior of relevant actors? And are these effects of legal rules socially desirable? In answering these positive and normative questions, the approach employed in ECONOMIC ANALYSIS OF LAW is that used in economic analysis generally: the behavior of individuals and firms is described assuming that they are forward looking and rational, and the concept of economic efficiency used in welfare economics.

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    APA: Copy

    BABAEI, IRAJ. (2008). FUNDAMENTAL PRINCIPLES IN ECONOMIC ANALYSIS OF LAW. LAW & POLITICS RESEARCH JOURNAL, 9(23 (SPECIAL OF ECNOMIC LAW AND ECONOMIC ANALYSIS OF LOW)), 13-60. SID. https://sid.ir/paper/98066/en

    Vancouver: Copy

    BABAEI IRAJ. FUNDAMENTAL PRINCIPLES IN ECONOMIC ANALYSIS OF LAW. LAW & POLITICS RESEARCH JOURNAL[Internet]. 2008;9(23 (SPECIAL OF ECNOMIC LAW AND ECONOMIC ANALYSIS OF LOW)):13-60. Available from: https://sid.ir/paper/98066/en

    IEEE: Copy

    IRAJ BABAEI, “FUNDAMENTAL PRINCIPLES IN ECONOMIC ANALYSIS OF LAW,” LAW & POLITICS RESEARCH JOURNAL, vol. 9, no. 23 (SPECIAL OF ECNOMIC LAW AND ECONOMIC ANALYSIS OF LOW), pp. 13–60, 2008, [Online]. Available: https://sid.ir/paper/98066/en

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