Economics of Civil Law-Public Law

ECONOMICS OF CIVIL LAW NATHALIE RUBIO 9/24 nathalie-audrey@univ-amu.fr - COOTER, ULEN, Law & Economics (Pearson) - MACKAAY, Economic Analysis of Law, Analyse économique du droit - LEMENNICIER, Economie du droit (Cujas) Encyclopedia of Law & Economics... More

ECONOMICS OF CIVIL LAW NATHALIE RUBIO 9/24 nathalie-audrey@univ-amu.fr - COOTER, ULEN, Law & Economics (Pearson) - MACKAAY, Economic Analysis of Law, Analyse économique du droit - LEMENNICIER, Economie du droit (Cujas) Encyclopedia of Law & Economics KERKMEESTER, Methodology: General What is economic analysis of law? The basic criterion is the efficiency. It’s a basic costbenefit analysis of Gary Becker for criminal acts. When the price increases, the demand decreases. The quantity of crime would decrease. What is the price? Punishment, sanctions: fines and jail, imprisonment. In Tort Law (Responsabilité civile extra-contractuelle), the price would be damages. In Contract Law (droit des obligations, contrats) and Propriety Law (droit de propriété), it would be damages also. We can represent all sanctions in different forms in criminal and private law. Criminal Law (droit pénal) is private law. Private law concerns individuals and corporations whereas public law would concern more publi Less