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The Economic Dynamics of Climate Disruption and the Need for a Better Legal Theory

In: Climate Law
Author:
David M. Driesen University Professor, Syracuse University, ddriesen@law.syr.edu

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Online Publication Date:
31 Oct 2018
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While the law of climate disruption constitutes a field of positivist study, the normative legal theory of climate disruption remains poorly understood. Many scholars treat climate-disruption law as another branch of neoclassical law and economics. This article argues that this approach does not fit climate law well and proposes an economic dynamic theory that provides a broad and useful framework for thinking about climate-disruption law and many other fields of law.

Title:
The Economic Dynamics of Climate Disruption and the Need for a Better Legal Theory
Article Type:
Research Article
DOI:
https://doi.org/10.1163/18786561-00803004
Language:
English
Pages:
172–182
Keywords:
law and economics; behavioural economics; economic dynamics; economic efficiency; allocative efficiency; market mechanisms; economic incentives
In:
Climate Law
In:
Volume 8: Issue 3-4
Publisher:
Brill | Nijhoff
E-ISSN:
1878-6561
Print ISSN:
1878-6553
Subjects:
Environmental & Energy Law, International Law

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