The Fatal Flaw in the Methodology of Law & Economics
15 Pages Posted: 14 Jul 2016 Last revised: 26 Jul 2016
Date Written: June 30, 1997
This paper identifies and analyzes some of the basic structural flaws of utilitarian economic analysis and provides an alternative way of analyzing economic and moral problems.
Keywords: Utilitarian, Ethics, Rights Theory, Methodology, Public Choice, Positive-Sum Game, Negative-Sum Game, Law & Economics, Property Rights
JEL Classification: A13, A1, A2, B4, B53, C18, D6, D7, D8, E14, F13, F35, K, O24
Suggested Citation: Suggested Citation