The (non) economic properties of the law (Q2052513): Difference between revisions
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Revision as of 06:42, 5 March 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | The (non) economic properties of the law |
scientific article |
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The (non) economic properties of the law (English)
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26 November 2021
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Summary: This paper shows that the logical properties of constraints imposed by law are fundamentally different from other constraints considered in economics such as budget constraints and bounded rationality constraints, such as the ones based on inattention or shortlisting. This suggests that to fully incorporate law into economics may require a revision of economic theory.
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law
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order
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rationalizability
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