Varieties of economic analysis of law: from new institutional economics to architectures of behavioral incentives
DOI:
https://doi.org/10.11606/issn.2318-8235.v116p249-272Keywords:
Economic analysis of law, Law and economics, Institutions, Behavioral economicsAbstract
This paper intends to point out how the conventional view of the economic analysis of law – the one that emphasizes efficiency as a value and explanatory criterion of legal decisions – is only one of the strands opened by the neo-institutionalist economic approach to law. In addition to recasting the conceptual bases of the economic analysis of law in the new institutional economics, the text seeks to indicate contemporary approaches that are integrated within this theoretical body, such as the study of institutional alternatives (alternative decision-making arenas where economic choices are made) and of behavioral incentives standards by different choice architectures. A broad spectrum of theoretical tools opens up for the comparison and design of institutions on the interface between law and economics.
Downloads
References
AKERLOF, George A. The market for “lemons”: quality uncertainty and the market mechanism. The Quarterly Journal of Economics, Cambridge, MA, v. 84, n. 3, p. 488-500, Aug. 1970.
BARZEL, Yoram. Economic analysis of property rights. 2. ed. Cambridge: Cambridge University Press, 1997.
COASE, Ronald H. The nature of the firm. Economica, London, v. 4, n. 16, p. 386-405, Nov. 1937.
COASE, Ronald H. The problem of the social cost. Journal of Law and Economics, Chicago, v. 3, p. 1-44, Oct. 1960.
COOTER, Robert D.; ULEN, Thomas. Law & economics. 5. ed. Boston: Pearson, 2008.
DEMSETZ, Harold. Toward a theory of property rights. The American Economic Review, Philadelphia, v. 57, n. 2, p. 347-359, 1967.
DWORKIN, Ronald M. Is wealth a value? The Journal of Legal Studies, Chicago, v. 9, n. 2, p. 191-226, 1980.
ELY, John Hart. Democracy and distrust: a theory of judicial review. Cambridge, MA: Harvard University Press, 1980.
GALIANI, Sebastian; SCHARGRODSKY, Ernesto. Land property rights. In: GALIANI, Sebastian; SENED, Itai (ed.). Institutions, property rights, and economic growth: the legacy of Douglass North. Cambridge: Cambridge University Press, Apr. 2014. p. 107-120.
GOLDSTEIN, Daniel G.; JOHNSON, Eric J.; HERRMANN, Andreas; HEITMANN, Mark. Nudge your customers toward better choices. Harvard Business Review, Boston, v. 86, n. 12, p. 99-105, Dec. 2008.
HOUSE OF LORDS. Behaviour change. London: The Stationery Office Limited, 2011. (Science and Technology Select Committee, 2nd Report of Session 2010-12). Disponível em: https://www.publications.parliament.uk/pa/ld201012/ldselect/ldsctech/179/179.pdf. Acesso em: 24 set. 2016.
KOMESAR, Neil K. Imperfect alternatives: choosing institutions in law, economics, and public policy. Chicago: Chicago University Press, 1996.
MÉNARD, Claude; SHIRLEY, Mary M. The contribution of Douglass North to new institutional economics. In: GALIANI, Sebastian; SENED, Itai (ed.). Institutions, property rights, and economic growth: the legacy of Douglass North. Cambridge: Cambridge University Press, Apr. 2014. p. 11-29.
MILGROM, Paul; ROBERTS, John. Economics, organization and management. Englewood Cliffs: Prentice Hall, 1992.
NORTH, Douglass C. Economic performance through time. The American Economic Review, Philadelphia, v. 84, n. 3, p. 359-368, 1994.
NORTH, Douglass C. Institutions and economic theory. The American Economist, Fairhope, v. 36, n. 1, p. 3-6, 1992.
NORTH, Douglass C. Institutions, institutional change and economic performance. Cambridge: Cambridge University Press, 1990.
NORTH, Douglass C.; WALLIS, John Joseph; WEINGAST, Barry R. Violence and social orders: a conceptual framework for interpreting recorded human history. Cambridge: Cambridge University Press, 2009.
PIETROPAOLO, João Carlos. Limites de critérios econômicos na aplicação do direito: hermenêutica e análise econômica do direito. 2010. Tese (Doutorado em Direito) – Faculdade de Direito, Universidade de São Paulo, São Paulo, 2010.
POSNER, Richard A. A economia da justiça. Tradução de Evandro Ferreira e Silva. São Paulo: WMF Martins Fontes, 2010b.
POSNER, Richard A. Economic analysis of law. 3. ed. Boston: Little, Brown and Company, 1986.
POSNER, Richard A. Prefácio à edição brasileira. In: POSNER, Richard A. A economia da justiça. Tradução de Evandro Ferreira e Silva. São Paulo: WMF Martins Fontes, 2010a. p. xi-xviii.
POSNER, Richard A. The problems of jurisprudence. Cambridge, MA: Harvard University Press, 1990.
ROEMER, Andrés. Introducción al análisis económico del derecho. México: Fondo de Cultura Económica, 1998.
SALAMA, Bruno Meyerhof. A história do declínio e queda do eficientismo na obra de Richard Posner. Revista do Instituto do Direito Brasileiro, Lisboa, v. 1, n. 1, p. 435-483, 2012.
THALER, Richard H.; SUNSTEIN, Cass R. Nudge: improving decisions about health, wealth, and happiness. New Haven: Yale University Press, 2008.
UNGER, Roberto Mangabeira. O movimento de estudos críticos do direito: outro tempo, tarefa maior. Tradução de Lucas Fucci Amato. Belo Horizonte: Letramento: Casa do Direito, 2017.
VERMEULE, Adrian. Mechanisms of democracy: institutional design writ small. Oxford: Oxford University Press, 2007.
WILLIAMSON, Oliver E. The economic institutions of capitalism: firms, markets, relational contracting. New York: Free Press; London: Collier Macmillan, 1985.
WILLIAMSON, Oliver E. Markets, hierarchies, and the modern corporation: an unfolding perspective. Journal of Economic Behavior and Organization, North Holland, v. 17, n. 3, p. 335-352, May 1992.
Downloads
Published
Issue
Section
License
Copyright (c) 2021 Revista da Faculdade de Direito, Universidade de São Paulo
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
