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From W. N. Hohfeld to J. R. Commons, and Beyond? A “Law and Economics” Enquiry on Jural Relations

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  • Massimiliano Vatiero

Abstract

In this article we try to reformulate the approaches of Wesley Newcomb Hohfeld and John Rogers Commons on jural relations speculating on the concept of positionality as introduced by Fred Hirsch in his original work on positional good and competition. Furthermore, by placing Hohfeld's jural lowest common denominator within the Commonsian transaction, we propose a more structured economic description of the jural relations theory.

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  • Massimiliano Vatiero, 2010. "From W. N. Hohfeld to J. R. Commons, and Beyond? A “Law and Economics” Enquiry on Jural Relations," American Journal of Economics and Sociology, Wiley Blackwell, vol. 69(2), pages 840-866, April.
    • Handle: RePEc:bla:ajecsc:v:69:y:2010:i:2:p:840-866
    DOI: 10.1111/j.1536-7150.2010.00724.x
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