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ECONOMIC ANALYSIS OF LAW: CRIMINAL OFFENSES AGAINST PROPERTY (Larceny and aggravated larceny)

Author

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  • Pavao Gagro

    (Notary office Ruzica Gagro in Valpovo, Republic of Croatia)

Abstract

The aim of economic analysis of law is to analyze the legal system by applying economic theories and methods. Economic analysis of law can greatly contribute to the efficiency and effectiveness of the legal system. The points of contact between law and economics, the impact of economics on the legal system and the brief historical review of the origins of interdisciplinary economics and law are presented in the introduction of this paper. Furthermore, economic methods applied in the analysis of law will be listed and presented indirectly through the analysis of crime offenses against property - larceny and aggravated larceny. The analysis will be based on statistical data and a theoretical example, and finally the theory of compensation of total damage caused will be presented as economization of sanctions imposed.

Suggested Citation

  • Pavao Gagro, 2014. "ECONOMIC ANALYSIS OF LAW: CRIMINAL OFFENSES AGAINST PROPERTY (Larceny and aggravated larceny)," Interdisciplinary Management Research, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 10, pages 811-820.
    • Handle: RePEc:osi:journl:v:10:y:2014:p:811-820
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    File URL: http://www.efos.hr/repec/osi/journl/PDF/InterdisciplinaryManagementResearchX/IMR10a61
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    More about this item

    Keywords

    economic analysis of law; criminal offenses against property; larceny; aggravated larceny; compensation of total damage incurred; sanctions;
    All these keywords.

    JEL classification:

    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • K14 - Law and Economics - - Basic Areas of Law - - - Criminal Law

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