“legislative” efforts.Part I explores the philosophical foundations of his public philosophy: his theory of meaning and framework … for analysis and definition of key concepts, his theory of human affections and motivations, and his utilitarian theory of … value. It is argued that, while concepts of pleasure and happiness play nominal roles in his theory of value, concepts of …

Ronald Coase merged two traditions in economics, marginalism and institutionalism. Neoclassical economics in the 1930s …. “Institutionalism” historically refers to a group of economists who wrote mainly in the 1920s and 1930s. Their place in economic theory … institutions that move resources through the economy. Coase’s work merged neoclassicism with institutionalism by incorporating …

The application of concepts and tools of economic theory to the science of law with the aim to obtain a comprehensive … aims to establish that this one consists of "the application of the economic theory and the econom¿tricos methods to … simple way to undertand the reason why law is a subject of economic theory …

emphasizing their contribution to legal theory. It also suggests reasons why Smith’s ideas did not lead immediately to the …

Coase. Moving to legal scholars' works, the methodological premises of Richard Posner and Guido Calabresi works are …

This essay traces the vein of thought represented by Calabresi's "The Costs of Accidents", both backward in time to …

This Essay examines Richard Posner's critique of F.A. Hayek's legal theory and contrasts the two thinkers' very … different views of the nature of law, knowledge, and the rule of law. Posner conceives of law as a series of disparate rules and … bound within a larger social order. Further, Posner, as a legal positivist, views law as an order consciously made through …