Law, Morality and Economics

Victor Dorokhin

in Books from Edward Elgar Publishing

Abstract: This book reexamines the concept of wealth maximization in law and economics, proposing a framework that integrates cognitive and moral dimensions into institutional analysis. Victor Dorokhin critically engages with Richard Posner’s theory of wealth maximization, arguing that such an approach must be guided—and in some cases constrained—by the moral intuitions and normative expectations inherent in human cognition.

Keywords: Institutional Design And Justice; Law And Morality; Moral Costs In Legal Theory; Normative Analysis Of Legal Institutions; Posner Economic Analysis Of Law; Wealth Maximization Critique (search for similar items in EconPapers)
Date: 2026
ISBN: 9781035379491
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Chapters in this book:

Ch 1 Background, origins and theoretical foundations of the Chicago School of Economic Analysis of Law

Victor Dorokhin

Ch 2 Wealth maximization theory, its critique and transformation

Victor Dorokhin

Ch 3 Posner's attitude to moral theory of law and his pragmatism

Victor Dorokhin

Ch 4 The alternative approach to maximizing social welfare

Victor Dorokhin

Ch 5 Conclusion: from law and economics to law, morality, and economics

Victor Dorokhin

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Persistent link: https://EconPapers.repec.org/RePEc:elg:eebook:25119

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