Jump to ContentJump to Main Navigation
The Economics of Lawmaking - Oxford Scholarship Online
Users without a subscription are not able to see the full content.

The Economics of Lawmaking

Francesco Parisi and Vincy Fon


This book explores the relative advantages and limits of alternative sources of law. It views the sources of law through a law and economics lens, and considers the important issue of institutional design in lawmaking. It considers the respective advantages and proper scope of application of four fundamental sources of law: legislation, judge-made law, customary law, and international law. The defining features of these four sources of law are examined using the formal methods of public choice theory: lawmaking through legislation; lawmaking through adjudication; lawmaking through practice; an ... More

Keywords: institutional design, legislation, judge-made law, customary law, international law, public choice theory, sources of law, litigation, stare decisis, jurisprudence constante

Bibliographic Information

Print publication date: 2009 Print ISBN-13: 9780195374155
Published to Oxford Scholarship Online: January 2009 DOI:10.1093/acprof:oso/9780195374155.001.0001


Affiliations are at time of print publication.

Francesco Parisi, author

Vincy Fon, author
George Washington University