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Sidgwick's Utilitarian Analysis of Law: A Bridge from Bentham to Becker?

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  • Steven G. Medema

Abstract

Jeremy Bentham's utilitarian analysis of crime and punishment is regularly characterized as an inspiration for the economic analysis of law, whereas Henry Sidgwick has been all but ignored in the discussions of the history of law and economics. Sidgwick is well known as the godfather of Cambridge welfare economics. Yet, as we will show, his utilitarian analysis of issues in property, contract, tort, and, criminal law reflects themes now associated with the Chicago approach and advances on Bentham in multiple ways—including through the use of marginal analysis—making him a bridge on the road from Bentham to Becker. Copyright 2007, Oxford University Press.

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  • Steven G. Medema, 2007. "Sidgwick's Utilitarian Analysis of Law: A Bridge from Bentham to Becker?," American Law and Economics Review, American Law and Economics Association, vol. 9(1), pages 30-47.
    • Handle: RePEc:oup:amlawe:v:9:y:2007:i:1:p:30-47
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    File URL: http://hdl.handle.net/10.1093/aler/ahm008
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    Cited by:

    1. Edward O’Boyle & Luca Sandonà, 2014. "Teaching Business Ethics Through Popular Feature Films: An Experiential Approach," Journal of Business Ethics, Springer, vol. 121(3), pages 329-340, May.

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