What is meant by Economic Analysis of Law?
A) The concept that economic considerations should inform the law
B) The concept that prices ought to be considered in judgements
C) The concept that the costs of litigation affect legal change
D) The concept that law is distinct from economics

Question

Quizplus · Accepted Answer

Economic Analysis of Law is a theory of legal reasoning that considers the consequences of the evolution of legal rules on the economy and vice versa. Stone par 1.9.1

What Is Meant by Economic Analysis of Law