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K. William Kapp e Ronald H. Coase: Un tentativo di riconciliazione (K. William Kapp and Ronald H. Coase: A Reconciliation)
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<b>Italian Abstract:</b> L'articolo fornisce una riflessione su alcuni aspetti della teoria di William Kapp mediante un parallelismo con il contributo di Ronald Coase. Il pensiero di Kapp, riferibile all'Istituzionalismo, e' riproposto quindi come precursore del moderno approccio di analisi economica del diritto. Seguendo l'approccio istituzionalista, Kapp rigetta il paradigma neoclassico e in particolare l'assunzione che l'economia e' un sistema chiuso in grado di svolgere perfettamente l'attività di market-clearing. Attraverso la proposta riconciliazione tra la teoria di Kapp e il più ortodosso approccio Coasiano, l'articolo cerca di ampliare la strumentazione a disposizione della letteratura di Law and Economics
<b>English Abstract:</b> This work offers a reflection on some aspects of K. William Kapp’s theory along with a parallel re-examination of Ronald H. Coase’s contribution. Kapp’s thought – that can be traced back to the Institutionalism – is revisited and interpreted as a precursor contribution to the more recent approach known as economic analysis of the law. Following the institutional approach, Kapp rejects the neoclassical paradigm, and more precisely the assumption of a closed economic system able to assure market clearing outcomes. By conveniently reconciling Kapp’s theory with the more orthodox Coasean approach our aim is to widen the range of instruments at disposal of the law and economics literature.
Title: K. William Kapp e Ronald H. Coase: Un tentativo di riconciliazione (K. William Kapp and Ronald H. Coase: A Reconciliation)
Description:
<b>Italian Abstract:</b> L'articolo fornisce una riflessione su alcuni aspetti della teoria di William Kapp mediante un parallelismo con il contributo di Ronald Coase.
Il pensiero di Kapp, riferibile all'Istituzionalismo, e' riproposto quindi come precursore del moderno approccio di analisi economica del diritto.
Seguendo l'approccio istituzionalista, Kapp rigetta il paradigma neoclassico e in particolare l'assunzione che l'economia e' un sistema chiuso in grado di svolgere perfettamente l'attività di market-clearing.
Attraverso la proposta riconciliazione tra la teoria di Kapp e il più ortodosso approccio Coasiano, l'articolo cerca di ampliare la strumentazione a disposizione della letteratura di Law and Economics
<b>English Abstract:</b> This work offers a reflection on some aspects of K.
William Kapp’s theory along with a parallel re-examination of Ronald H.
Coase’s contribution.
Kapp’s thought – that can be traced back to the Institutionalism – is revisited and interpreted as a precursor contribution to the more recent approach known as economic analysis of the law.
Following the institutional approach, Kapp rejects the neoclassical paradigm, and more precisely the assumption of a closed economic system able to assure market clearing outcomes.
By conveniently reconciling Kapp’s theory with the more orthodox Coasean approach our aim is to widen the range of instruments at disposal of the law and economics literature.
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