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

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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.
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Document Type: Research Article

Publication date: 01 March 2009

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  • Founded as Zeitschrift für die gesamte Staatswissenschaft in 1844.

    As one of the oldest journals in the field of political economy, the Journal of Institutional and Theoretical Economics (JITE) deals traditionally with the problems of economics, social policy, and their legal framework. JITE is listed in the Journal of Economic Literature, the Social Science Citation Index, the International Bibliography of the Social Sciences, and COREJ.

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    From 2013 on all accepted articles are published in an Online First version (in their final layout) to make them searchable and citable by their DOI immediately after peer review and acceptance. Once the article is published in an issue of the journal, the Online First version will be removed.

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