law and economics movement

GPTKB entity

Statements (50)
Predicate Object
gptkbp:instanceOf gptkb:academic
gptkbp:appliesTo gptkb:crime
antitrust law
property law
tort law
contract law
gptkbp:associatedWith gptkb:American_Law_and_Economics_Association
gptkb:European_Association_of_Law_and_Economics
gptkbp:book gptkb:The_Problem_of_Social_Cost
gptkb:The_Costs_of_Accidents
gptkb:Economic_Analysis_of_Law
gptkbp:conference gptkb:Annual_Meeting_of_the_American_Law_and_Economics_Association
gptkbp:criticizedFor assumption of rational actors
neglect of justice and fairness
overemphasis on efficiency
gptkbp:emergedIn mid-20th century
gptkbp:focusesOn application of economic theory to law
gptkbp:hasConcept gptkb:Coase_theorem
property rights
cost-benefit analysis
deterrence
transaction costs
efficiency
incentives
externalities
market failure
economic analysis of law
liability rules
gptkbp:hasJournal gptkb:Journal_of_Legal_Studies
gptkb:American_Law_and_Economics_Review
gptkb:Journal_of_Law_and_Economics
https://www.w3.org/2000/01/rdf-schema#label law and economics movement
gptkbp:influenced gptkb:public_policy
legal scholarship
judicial decision-making
law school curricula
gptkbp:majorInfluence gptkb:University_of_Chicago_Law_School
gptkb:Chicago_School_of_Economics
gptkbp:notableFigure gptkb:Guido_Calabresi
gptkb:Richard_Posner
gptkb:Ronald_Coase
gptkb:Gary_Becker
gptkbp:originatedIn gptkb:United_States
gptkbp:relatedTo institutional economics
public choice theory
behavioral law and economics
gptkbp:studies efficiency of legal rules
incentives created by law
gptkbp:bfsParent gptkb:Richard_Posner
gptkbp:bfsLayer 4