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Potential and Limits of the Economic Analysis of International Law: A View from Public International Law

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  • Andreas L. Paulus

Abstract

The law-and-economics movement has only recently turned its attention to public international law, where it has encountered a particular set of epistemological problems, from the question of the relevant actors to the assumption of their rationality. This article argues that, while law and economics in its different shades constitutes an important contribution to present-day international legal scholarship, it will complement, but not replace, doctrinal normative analysis. It may, in particular, provide insights into the consequences of international legal regulation and provide for alternative solutions to collective-action problems.

Suggested Citation

  • Andreas L. Paulus, 2009. "Potential and Limits of the Economic Analysis of International Law: A View from Public International Law," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 165(1), pages 170-184, March.
    • Handle: RePEc:mhr:jinste:urn:sici:0932-4569(200903)165:1_170:palote_2.0.tx_2-m
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    Cited by:

    1. Katharina Holzinger, 2009. "Coordination in the Absence of Sovereign Intervention. Comment," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 165(1), pages 185-188, March.
    2. Christoph Engel & Urs Schweizer, 2009. "Editorial Preface," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 165(1), pages 1-4, March.

    More about this item

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
    • K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law

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