Concept information
Preferred term
economics of civil court procedures
Definition
- Since the publication in the early 1970s of articles by Professors William Landes, Richard Posner (now Judge Posner), and John Gould, the use of economics to analyze civil procedure issues has grown in popularity, along with interest in law and economics more generally. An economic analysis aims to maximize social benefit net of social cost. [Source: Encyclopedia of Law & Society: American and Global Perspectives; Civil Court Procedures, Economics Of]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/economics_of_civil_court_procedures
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