From a historical perspective, 'law and economics' constituted one
of the most influential developments in legal scholarship in the
twentieth century; the discipline remains today one of the dominant
perspectives on the law, generating a tremendous quantity of new
research and discussion. Unfortunately, one consequence of applying
the analytical methods of one highly technical field to the
historically layered substance of another has been the accumulation
of considerable technical overhead, requiring fluency in both the
language of economics and the language of the law. Further
complicating matters, the field of law and economics has sometimes
developed independently, creating new terms, while recasting others
from their original economic or legal meanings. In this dictionary
of law and economics, Francesco Parisi provides a comprehensive and
concise guide to the language and key concepts underlying this
fecund interdisciplinary tradition. The first reference work of its
kind, it will prove to be an invaluable resource for professionals,
students and scholars.
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