How to Do Constitutional Law and Economics: A Methodological Proposal

Published in: Thomas Eger/Jochen Bigus/Claus Ott/Georgvon Wangenheim (eds.), Internationalization of the Law and its Economic Analysis, Festschrift für Hans-Bernd Schäfer sum 65. Geburtstag (Wiesbaden: Gabler 2008), pp. 651-665.

U. of St. Gallen Law & Economics Working Paper No. 2008-04

13 Pages Posted: 10 Mar 2008 Last revised: 16 Jul 2014

See all articles by Anne van Aaken

Anne van Aaken

University of Hamburg, Law School; Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Research on Collective Goods

Date Written: 2008

Abstract

This contribution seeks to provide Law and Economics scholars with a (legal) methodological framework on how to do economic analysis in constitutional law application but it might as well be applied to European or Public International Law where appropriate. It proceeds from the assumption that normative economic analysis of law can for those purposes be reformulated as competing constitutional principles instead of allocative efficiency thus respecting the basic values of a society as codified in a constitution. Once that is accepted, through a procedure of rational balancing, drawing on the theory of Robert Alexy, it becomes possible to integrate rigorous social science in constitutional law application through consequentialist reasoning while respecting the fundamental values of a society.

JEL Classification: K33

Suggested Citation

van Aaken, Anne, How to Do Constitutional Law and Economics: A Methodological Proposal (2008). Published in: Thomas Eger/Jochen Bigus/Claus Ott/Georgvon Wangenheim (eds.), Internationalization of the Law and its Economic Analysis, Festschrift für Hans-Bernd Schäfer sum 65. Geburtstag (Wiesbaden: Gabler 2008), pp. 651-665.; U. of St. Gallen Law & Economics Working Paper No. 2008-04. Available at SSRN: https://ssrn.com/abstract=1103815 or http://dx.doi.org/10.2139/ssrn.1103815

Anne Van Aaken (Contact Author)

University of Hamburg, Law School ( email )

Johnsallee 35
Hamburg, 20148
Germany

Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Research on Collective Goods ( email )

Kurt-Schumacher-Str. 10
D-53113 Bonn, 53113
Germany

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