Introduction The relationship between property rights and economic growth has long been a central theme in economics, political science, and development studies. Secure property rights are often cited as a
Month: December 2024
Consumer Protection Laws and Market EfficiencyConsumer Protection Laws and Market Efficiency
Introduction Consumer protection laws are a cornerstone of modern market economies, designed to safeguard individuals from fraud, unfair practices, and exploitation. These laws aim to create a fair marketplace by
Cost-Benefit Analysis in Legal Decision-MakingCost-Benefit Analysis in Legal Decision-Making
Introduction Cost-benefit analysis (CBA) has become a central tool in evaluating public policies, regulations, and legal decisions. Rooted in welfare economics, it provides a structured way to compare the expected
Antitrust Law and Innovation: Striking a BalanceAntitrust Law and Innovation: Striking a Balance
Introduction Antitrust law, also known as competition law, is designed to promote fair competition, prevent monopolistic practices, and protect consumer welfare. At the same time, innovation thrives in competitive markets