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Law and Economics
Author(s) -
Robinson H. W.
Publication year - 1939
Publication title -
the modern law review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.37
H-Index - 22
eISSN - 1468-2230
pISSN - 0026-7961
DOI - 10.1111/j.1468-2230.1938.tb00412.x
Subject(s) - citation , library science , sociology , computer science
"Economics is a powerful, and, quite general tool of analysis that everybody who thinks and writes about law uses, consciously or not, ... it provides a convenient starting point for a general theory of law in society. It also-and this point must be stressed-has a strong empirical basis, and a basis in common sense. All about us is ample evidence that the system does use its pricing mechanism (in the broadest sense) to manipulate behavior, and pervasively." Lawrence Friedman (1984)