Ars Iuris Salmanticensis (Dec 2019)

Dynamic efficiency and praxeological analysis of law

  • Luis FRAGA LO CURTO

Journal volume & issue
Vol. 7, no. 1
pp. 199 – 216

Abstract

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The aim of this paper is to propose the use in legal analysis of the dynamic efficiency criterion and the praxeological method, developed by the Austrian school of economics. This analysis should be based on the principles of entrepreneurial discovery and social coordination, in opposition with the criteria of Pareto and Kaldor-Hicks, based on the allocation of given resources.

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