Law Paradigm Study Of Economic Theory

Law and Economics is a result that Law mingles with Economics, and it has become an important theory school that can not be ignored in the field of law nowadays. Law and Economics has such ability because of its unique, created paradigm. Studying and introspecting the paradigm of Law and Economics systemically helps to understand and apply it profoundly and promote the development of legal theory and practice. The thesis just expands based on this purpose and significance. The thesis consists of four parts: the first part, summarizing the paradigm of Law and Economics including the central assumption, the fundamental theorem, the analytic tool and the value orientation; the second part, analyzing the superiority and limitations of the paradigm of Law and Economics; the third part, introducing the attempts that the mainstream school and non-mainstream school of Law and Economics try to adjust and break the traditional paradigm; the last part, providing a possible development route of the paradigm of Law and Economics.