Economic Analysis of Law

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Economic Analysis of Law is a foundational legal theory book by Richard Posner that applies microeconomic principles to understand and evaluate legal rules and institutions.

All labels observed (1)

Label Occurrences
Economic Analysis of Law canonical 3

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf book ⓘ
law and economics literature ⓘ
legal theory book ⓘ
aimsTo evaluate legal institutions in terms of efficiency ⓘ
explain legal rules using economic reasoning ⓘ
predict effects of legal rules on behavior ⓘ
appliesConcept Coase theorem ⓘ
Kaldor–Hicks efficiency ⓘ
cost–benefit analysis ⓘ
efficiency ⓘ
incentives ⓘ
rational choice theory ⓘ
transaction costs ⓘ
wealth maximization ⓘ
author Richard A. Posner ⓘ
Richard Posner ⓘ
countryOfOrigin United States ⓘ
describedAs foundational text in law and economics ⓘ
influential legal theory work ⓘ
field economic theory ⓘ
legal studies ⓘ
hasEdition first edition ⓘ
subsequent revised editions ⓘ
influencedField judicial reasoning about efficiency ⓘ
law and economics scholarship ⓘ
language English ⓘ
mainSubject antitrust law ⓘ
common law ⓘ
contract law ⓘ
criminal law ⓘ
economic analysis of legal rules ⓘ
efficiency in law ⓘ
family law ⓘ
law and economics ⓘ
legal theory ⓘ
microeconomics ⓘ
procedure ⓘ
property law ⓘ
public law ⓘ
tort law ⓘ
notableFor emphasis on efficiency as a normative criterion ⓘ
interdisciplinary approach combining law and economics ⓘ
systematic application of microeconomics to law ⓘ
theoreticalFramework microeconomic analysis ⓘ
neoclassical economics ⓘ
usedAs law school textbook ⓘ
reference work for legal scholars ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Richard Posner → notableWork → Economic Analysis of Law ⓘ
subject linked to: Judge Richard Posner
law and economics movement → influencedByWork → Economic Analysis of Law ⓘ
Overcoming Law → relatedWork → Economic Analysis of Law ⓘ