Law and social economics: A Coasean perspective

David Campbell; Matthias Klaes

doi:10.4337/9781783478545.00051

Law and social economics: A Coasean perspective

David Campbell
, Matthias Klaes

Research output: Chapter in Book/Report/Conference proceeding › Chapter

Abstract

Iudex non calculat: before the 1960s, legal doctrine, in the common law tradition at least, had developed largely innocent of insights from economics. But during the subsequent half-century, the use of such insights to elucidate legal doctrine has become so widespread, albeit far more so in the USA than in other jurisdictions (Landes and Posner, 1993; Ogus, 1995; Symposium, 1991), that ‘law and economics’ is now one of the principal forms of jurisprudence, as is evidenced by the large number of existing introductions to the subject (Bowles, 1982; Cooter and Ulen, 2004; Hirsch, 1988; Malloy, 1990b; Mercuro and Medema, 1997; Mercuro and Ryan, 1984; Polinsky, 1989; Posner, 2007; Shavell, 2004; Veljanovski, 1982, 2006).

Original language	English
Title of host publication	The Elgar Companion to Social Economics
Editors	John B. Davis, Wilfred Dolfsma
Publisher	Edward Elgar Publishing
Chapter	35
Pages	631-648
Number of pages	18
Edition	2nd
ISBN (Electronic)	9781783478545
ISBN (Print)	9781783478538
DOIs	https://doi.org/10.4337/9781783478545.00051
Publication status	Published - 29 May 2015

ASJC Scopus subject areas

General Economics,Econometrics and Finance
General Business,Management and Accounting

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10.4337/9781783478545.00051

Cite this

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abstract = "Iudex non calculat: before the 1960s, legal doctrine, in the common law tradition at least, had developed largely innocent of insights from economics. But during the subsequent half-century, the use of such insights to elucidate legal doctrine has become so widespread, albeit far more so in the USA than in other jurisdictions (Landes and Posner, 1993; Ogus, 1995; Symposium, 1991), that {\textquoteleft}law and economics{\textquoteright} is now one of the principal forms of jurisprudence, as is evidenced by the large number of existing introductions to the subject (Bowles, 1982; Cooter and Ulen, 2004; Hirsch, 1988; Malloy, 1990b; Mercuro and Medema, 1997; Mercuro and Ryan, 1984; Polinsky, 1989; Posner, 2007; Shavell, 2004; Veljanovski, 1982, 2006).",

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Law and social economics: A Coasean perspective

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