History of Law and Economics
The roots of law & economics lie in late 19th century continental Europe. However, this early movement did not persist, having been cut off in the 1930s. After World War II, modern law & economics was (re-)invented in the United States and subsequently grew into a major field of research at U.S. law schools. In continental Europe, law & economics was re-imported as a discipline within economics, driven by economists interested in legal issues rather than by legal scholars. Hence, the European discourse was more strongly influenced by formal analysis, using mathematical models. Today, research in the U.S., Europe, and in other countries around the world, including Latin America and Asia, uses formal, empirical, and intuitive methods. New subfields, such as behavioral law & economics and experimental law & economics, have grown in the U.S. and in Europe during the past two decades.
|Date of creation:||Apr 2014|
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References listed on IDEAS
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- Kirchner, Christian, 1991. "The difficult reception of law and economics in Germany," International Review of Law and Economics, Elsevier, vol. 11(3), pages 277-292, December.
- Gary S. Becker, 1968.
"Crime and Punishment: An Economic Approach,"
Journal of Political Economy,
University of Chicago Press, vol. 76, pages 169-169.
- Henry G. Manne, 1965. "Mergers and the Market for Corporate Control," Journal of Political Economy, University of Chicago Press, vol. 73, pages 351-351.
- Gary S. Becker, 1981. "A Treatise on the Family," NBER Books, National Bureau of Economic Research, Inc, number beck81-1, Enero.
- Pearson,Heath, 1997. "Origins of Law and Economics," Cambridge Books, Cambridge University Press, number 9780521581431, October.
- Mattei, Ugo & Pardolesi, Roberto, 1991. "Law and economics in civil law countries: A comparative approach," International Review of Law and Economics, Elsevier, vol. 11(3), pages 265-275, December.
- Michael Litschka & Kristoffel Grechenig, 2010. "Law by human intent or evolution? Some remarks on the Austrian school of economics’ role in the development of law and economics," European Journal of Law and Economics, Springer, vol. 29(1), pages 57-79, February.
- Christoph Engel, 2010. "The Multiple Uses of Experimental Evidence in Legal Scholarship," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 166(1), pages 199-202, March.
- Weigel, Wolfgang, 1991. "Prospects for law and economics in civil law countries: Austria," International Review of Law and Economics, Elsevier, vol. 11(3), pages 325-329, December.
- Henry G. Manne, 1965. "Mergers and the Market for Corporate Control," Journal of Political Economy, University of Chicago Press, vol. 73, pages 110-110.
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