Statements (101)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:academic
interdisciplinary field |
| gptkbp:appliesTo |
game theory to legal issues
microeconomic theory to law welfare economics to legal analysis |
| gptkbp:hasConcept |
gptkb:Kaldor-Hicks_efficiency
gptkb:legal_origins_theory gptkb:Coase_theorem gptkb:Pareto_efficiency game theory property rights cost-benefit analysis transaction costs asymmetric information rational choice theory punitive damages bargaining efficiency law and finance incentives regulatory enforcement moral hazard public choice theory externalities legal remedies market failure adverse selection economic analysis of law regulatory capture rent-seeking behavioral law and economics liability rules normative analysis positive analysis principal-agent problem empirical legal studies law as a means to promote cooperation among individuals law as a means to correct market failures law as a means to internalize externalities law as a means to maximize social welfare law as a means to promote accountability law as a means to promote authority law as a means to promote certainty law as a means to promote competition law as a means to promote consistency law as a means to promote cooperation law as a means to promote coordination law as a means to promote development law as a means to promote efficiency law as a means to promote equity law as a means to promote fairness law as a means to promote growth law as a means to promote harmonization law as a means to promote innovation law as a means to promote integration law as a means to promote justice law as a means to promote legitimacy law as a means to promote liberty law as a means to promote order law as a means to promote predictability law as a means to promote prosperity law as a means to promote responsibility law as a means to promote security law as a means to promote stability law as a means to promote standardization law as a means to promote transparency law as a means to promote trust law as a means to promote uniformity law as a means to reduce transaction costs law as a mechanism for resource allocation law as a system of incentives law as a tool for social welfare law as incentives legal efficiency legal rules as incentives optimal deterrence welfare maximization law as a means to promote cooperation among organizations |
| https://www.w3.org/2000/01/rdf-schema#label |
Law and Economics
|
| gptkbp:notableFigure |
gptkb:A._Mitchell_Polinsky
gptkb:Henry_Manne gptkb:Steven_Shavell gptkb:Guido_Calabresi gptkb:Richard_Posner gptkb:Ronald_Coase gptkb:Gary_Becker gptkb:William_Landes |
| gptkbp:relatedTo |
gptkb:environmental_policy
gptkb:law gptkb:legislation gptkb:public_policy gptkb:crime antitrust law economics property law tort law contract law |
| gptkbp:studies |
economic effects of laws
legal institutions using economic theory |
| gptkbp:bfsParent |
gptkb:Economic_Analysis_of_Law
|
| gptkbp:bfsLayer |
5
|