In: Ekonomický časopis/Journal of Economics, vol. 54, no. 6
Lukáš Bortel
Details:
Year, pages: 2006, 555 - 571
Keywords:
Keywords: law and economics, law, contract, complete and incomplete contract theory, regulation, common law, rationality, irrationality, Kaldor-Hicks, cost and benefit, Posner
JEL Classification: G10, K00, K12, K40
Article type: Vedecký článok
About article:
Law and Economics is one of the fastest-growing areas of applied economics. It employs the standard microeconomic tools and concepts to explain legal and political rules, social conventions and norms, firms and contracts, government organisations, and other institutions. Economists started to enrich legal science and lawmaking processes. This is of a crucial importance, since law shall be regarded as one of the factors that have a capacity to influence the output. Therefore, modern regulatory state must ensure a deeper and wider commitment to costbenefit analysis in the legislative processes. Law and Economics brings several novelists for law apprehensions. Some of them within the framework of a contract and law making are to be found in the text.
How to cite:
ISO 690:
Bortel, L. 2006. Law and Economics a implikace pro právní regulaci a kontrahování. In Ekonomický časopis/Journal of Economics, vol. 54, no.6, pp. 555-571. 0013-3035.
APA:
Bortel, L. (2006). Law and Economics a implikace pro právní regulaci a kontrahování. Ekonomický časopis/Journal of Economics, 54(6), 555-571. 0013-3035.