Autore: Esposito, Fabrizio
Titolo: Alcune note su di un approccio economico ordinalista allo studio del diritto
Periodico: Ars interpretandi
Anno: 2013 - Volume: 2 - Fascicolo: 2 - Pagina iniziale: 151 - Pagina finale: 184

The purpose of this essay is to outline the core structure of an ordinal economicapproach to the study of law. This method does not measure individual preferences interms of willingness to pay, nor does it assume the maximization of society's well-beingas its goal. Instead, it adopts an ordinal conception of utility, it describes voluntaryinteractions in terms of market transactions and it assumes the protection of consumer'swelfare as its goal. Hence, the analysis requires to individuate market failures and tosearch for counteracting institutions in the legal system. In order to support thisapproach, it is argued that the maximization of consumer's welfare finds a foundationin economic theory sounder than the maximization of society's welfare. Moreover, thiscriterion avoids contradictions regarding the evaluation of market power. A discussionon the adoption system is used for comparing the traditional and the ordinal methodsof economic analysis of law.




SICI: 1722-8352(2013)2:2<151:ANSDUA>2.0.ZU;2-4
Testo completo: http://www.mulino.it/download/article/10.7382/75140
Testo completo alternativo: http://www.mulino.it/doi/10.7382/75140

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