Contribution to Book
Austrian Perspectives in Law and Economics
The Oxford Handbook of Law and Economics, Vol.1: Methodology and Concepts
(2017)
Abstract
Austrian law and economics is first and foremost a framework of analysis. It is not in itself a set of substantive conclusions about law or legal processes. Although the various authors writing in this tradition have arrived at substantive conclusions, these can change within the broad parameters of the framework. The dual purposes of this chapter are to sketch the essential features of the Austrian framework or method of analysis, and to situate it within the field of law and economics more generally. The essential and distinctive feature of the Austrian school of law and economics is its emphasis on both economic and legal processes.
Keywords
- Austrian approach,
- law and economics,
- economic process,
- legal process,
- legal institutions
Disciplines
Publication Date
2017
Editor
Francesco Parisi
Publisher
Oxford University Press
ISBN
978-0198803737
DOI
0.1093/oxfordhb/9780199684267.001.0001
Citation Information
Shruti Rajagopalan and Mario J Rizzo. "Austrian Perspectives in Law and Economics" The Oxford Handbook of Law and Economics, Vol.1: Methodology and Concepts Vol. 1 (2017) p. 268 - 287 Available at: http://works.bepress.com/mario_rizzo/54/