Law and Economics in Austria

Name: Wolfgang Weigel

Web: http://users.ugent.be/~gdegeest/0305book.pdf
Contact: Wolfgang Weigel
Title: University of Vienna

Abstract

This note concentrates on the state of ‘law and economics’ in Austria after the emergence of the economic analysis of law. The long tradition of research in bringing together legal and economic aspects particularly in the field of regulation and dating back to the eighteenth century is also adressed. Moreover, some reasons why modern law and economics have encountered a fairly weak reception for almost two decades are suggested. Finally, the quite encouraging development both in teaching and research during the 1990s is emphasized.

austria, law and economics, paradigms, teaching, research