Law and Economics has become an established field worldwide and it may be argued that it is one of the few examples of a successful interdisciplinary project. This book explores whether, or to what extent, that interdisciplinarity has indeed been a success. It provides insights on the foundations and methods, achievements and challenges of Law and Economics, at a time when both the continuing challenges to academic economics and the growth of empirical legal studies raise questions about the identity and possible further developments of the project.
Through a combination of reflections on long-term trends and detailed case studies on current developments, contributors to this volume analyse whether and in which sense Law and Economics is a successful interdisciplinary endeavour. Inspired by insights from the philosophy of social sciences, the book shows how concepts travel between legal scholarship and economics, how they change meanings when applied elsewhere, how economic theories and models inform, and transform, judicial practice, and addresses whether the transfers of knowledge between economics and law are symmetrical exchanges between the two disciplines.
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Introduction (Péter Cserne and Magdalena Małecka)
I. Searching for the Right "Paradigm"
II. Symmetric and Asymmetric Transfers of Methods and Concepts
III. Interdisciplinarity in Normative Reasoning: Moral Theory, Economic Theory, and Adjudication
Routledge are proud to be the publishers of the prestigious series The Economics of Legal Relationships, which is sponsored by Michigan State University College of Law, and which continues to be edited by Professors Nicholas Mercuro of Michigan State University College of Law and Michael D. Kaplowitz of the Department of Community Sustainability, Michigan State University, USA. This series, with a fine back catalogue of books, is dedicated to publishing original scholarly contributions that systematically analyze legal-economic issues.