Legal Procedure, the Legal System, and Illegal Behavior

Legal procedure, the legal system, and illegal behaviour (JEL K4) cover the economics of litigation, enforcement, and crime.

Scope

It includes litigation and settlement, the economics of crime and punishment, enforcement, and the legal system itself.

Sub-topics

• General
• Litigation Process
• Illegal Behavior and the Enforcement of Law
• Other

Core questions

• How do litigants decide to sue or settle?
• How does law deter illegal behaviour?
• How should enforcement be designed?

Key concepts

• Litigation and settlement
• Economics of crime
• Deterrence
• Enforcement
• Legal procedure

Frequently asked questions

How does economics analyse crime?

As rational behaviour responsive to expected costs and benefits, informing deterrence and enforcement policy (Becker).