Entrepreneurial Margins in Law-and-Economics Nexus

Acta Oeconomica Pragensia, Vol. 16, No. 5, 2008

6 Pages Posted: 23 Sep 2008

See all articles by Josef Sima

Josef Sima

University of Economics, Prague

David Lipka

Anglo-American University; International Centre for Economic Research (ICER)


The paper enunciates the theory of entrepreneurial margins as applicable to studying law-and-economics nexus. After stating the fundamentals of the concept of entrepreneurial margins in all three dimensions: 1) formulating the principles of "social action", 2) enforcing the rules, 3) appropriating things, we discuss the implications of competitive versus monopolistic setting on the overall social efficiency.

Keywords: Law and economics, entrepreneurial margin, property, compettion, monopoly

JEL Classification: D42, D61, K42

Suggested Citation

Sima, Josef and Lipka, David, Entrepreneurial Margins in Law-and-Economics Nexus. Acta Oeconomica Pragensia, Vol. 16, No. 5, 2008, Available at SSRN: https://ssrn.com/abstract=1270290

Josef Sima (Contact Author)

University of Economics, Prague ( email )

nam. W.Churchilla 4
Prague 3, 130 67
Czech Republic

David Lipka

Anglo-American University ( email )

Lazenska 4
11800 Praha 1
Prague 1, 11800
Czech Republic

International Centre for Economic Research (ICER) ( email )

Villa Gualino
Viale Settimio Severo, 63
10133 Torino

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