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Title |
Law and Economics
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Author |
David D. Friedman |
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Category
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Law and Economics
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Type |
Article |
Description |
This article explores how the economic analysis of law deals with legal rules, whether made by legislatures or courts, from this second viewpoint- not as a way of handing out rewards and punishments to those who deserve them, but as a system of incentives intended to affect behavior. |
URL |
http://www.econlib.org/library/Enc/LawandEconomics.html |
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Copyright © 2006 Experimental Economics Center. All rights reserved.
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