Author granted license

Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International

Document Type

Article

Publication Date

8-2019

ISSN

0929-1261

Publisher

Springer Nature B.V.

Language

en-us

Abstract

I agree with Calabresi's general distinction between Economic Analysis of Law and Law and Economics. However, these broad categories may obscure important differences between types of law and economics scholarship. I would distinguish positive economic analysis from normative economic analysis, and positivist legal analysis from nonpositivist analysis. The four categories generated by these distinctions provide a more fine-grained map of the styles of reasoning in law and economics, and has implications for the future of law and economics.

Comments

Published as: "Law and Economics Versus Economic Analysis of Law," 48 European Journal of Law and Economics 77 (2019).

Updated with published version of paper: 9/21/22

Working paper available on SSRN

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Working paper available on SSRN

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