Abstract
AbstractIn this paper I discuss how Law and Economics can benefit from incorporating some insights from Public Choice into their analyses. Within this argument, I examine the evolution of experimental methods by looking at laboratory, field, and natural experiments; and conducting a very simple scientometrics analysis on the relative frequency of experimental studies in journals such asPublic Choice, European Journal of Political Economy, Constitutional Political Economy, Journal of Law and Economics, andJournal of Law, Economics and Organizationcompared with top economics journals such asAmerican Economic Review, Quarterly Journal of Economics, Journal of Political Economy, Econometrica, orReview of Economic Studies. I also refer to the connectivity of Behavioral Law and Economics and Behavioral Public Choice. The paper then finishes with a discussion of a selected number of topics covering areas such as corruption, tax compliance, shitstorms/firestorms, constitutional choices, globalization, and international organizations; all of which present scientific challenges when applying pure Law and Economics approaches without also implementing a Public Choice analysis.
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