Vol. 28 (2021)
Research

Economic analysis and law: defense of a methodology

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  • Hugo Alberto Osorio Morales
Hugo Alberto Osorio Morales
Universidad Austral de Chile.
Bio

Published 2021-05-05

Keywords

  • Law and economics,
  • Rational choice,
  • Efficiency

Copyright (c) 2021 Hugo Alberto Osorio Morales

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

Osorio Morales, H. A. (2021). Economic analysis and law: defense of a methodology. Revista De Derecho (Coquimbo. En línea), 28, e3209. https://doi.org/10.22199/issn.0718-9753-2021-0010

Abstract

The methodological and normative foundations of the economic analysis of law are critically addressed, sets forth its main challenges and presents some preliminary assessments. In particular, the model of rational choice, the proposal of value neutrality, the concept of efficiency, and the reasons that could justify the use of efficiency as a social policy guide are discussed in the article. Thus, it’s possible to realize that economic analysis of law provides a new research program with its theoretical framework, methodology and analytical tools.

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