The American Law and Economics Association (ALEA), a United States organization founded in 1991, is focused on the advancement of

economic An economy is an area of the Production (economics), production, Distribution (economics), distribution and trade, as well as Consumption (economics), consumption of Goods (economics), goods and Service (economics), services. In general, it is ...

understanding of law, and related areas of

public policy Public policy is an institutionalized proposal or a decided set of elements like laws, regulations, guidelines, and actions to solve or address relevant and real-world problems, guided by a conception and often implemented by programs. Public p ...

and regulation. It promotes research in

law and economics Law and economics, or economic analysis of law, is the application of microeconomic theory to the analysis of law, which emerged primarily from scholars of the Chicago school of economics. Economic concepts are used to explain the effects of laws ...

. The organization's official journal is the ''

American Law and Economics Review The ''American Law and Economics Review'' is a biannual peer-reviewed academic journal covering law and economics. It was established in 1999 and is published by Oxford University Press on behalf of the American Law and Economics Association, of w ...

'', established in 1999.

History

In January 1990, a meeting of scholars was convened by George Mason University Law School dean,

Henry Manne Henry G. Manne (May 10, 1928 – January 17, 2015) was an American writer and academic, considered a founder of the law and economics discipline. He was Dean Emeritus of the George Mason University School of Law. Born in New Orleans, Louisiana, M ...

, to discuss organizing a professional organization. The association was formally co-founded by

George Priest George L. Priest (born November 24, 1947) is an American legal scholar specializing in antitrust law. Priest has taught at the Yale Law School since 1981, where he is the Edward J. Phelps Professor of Law and Economics and Director of the John M. ...

A. Mitchell Polinsky Alan Mitchell Polinsky (born 1948) is the Josephine Scott Crocker Professor of Law and Economics at Stanford Law School. At Stanford, Polinsky is the founder and director of the John M. Olin Program in Law and Economics. He is also a past presiden ...

, and

Steven Shavell Steven Shavell is an economist who is currently Samuel R. Rosenthal Professor of Law and Economics at Harvard Law School. Shavell is the founder and director of the School's John M. Olin Center for Law, Economics, and Business. Biography Steve ...

, each of whom served a term as president during the ensuing decade. A growing acceptance of legal and economic perspectives by judges, practitioners, and policy-makers became evident in the creation of parallel associations in Australia, Europe, Latin America, and Canada.

Notable members

The founding board of directors was composed of representatives of major universities, including Berkeley, Emory, USC, Columbia, Harvard, Georgetown and MIT. In addition to Henry Manne, and the three formal founders,

Priest A priest is a religious leader authorized to perform the sacred rituals of a religion, especially as a mediatory agent between humans and one or more deities. They also have the authority or power to administer religious rites; in particu ...

, Polinsky, and Shavell, each of whom served a term as president during the ensuing decade; other notable members include: *

Orley Ashenfelter Orley Clark Ashenfelter (born October 18, 1942) is an American economist and the Joseph Douglas Green 1895 Professor of Economics at Princeton University. His areas of specialization include labor economics, econometrics, and law and economics. H ...

founding co-

editor-in-chief An editor-in-chief (EIC), also known as lead editor or chief editor, is a publication's editorial leader who has final responsibility for its operations and policies. The highest-ranking editor of a publication may also be titled editor, managing ...

, ''American Law and Economics Review''"Richard A. Posner"
University of Chicago Law School, Retrieved October 18, 2022. *

Robert Cooter Robert D. Cooter (born May 2, 1945) is the Herman F. Selvin Professor of Law at the University of California, Berkeley, School of Law. Cooter works in the field of law and economics. He is co-editor of the ''International Review of Law and Econom ...

, among those convened by Henry Manne prior to formation of ALEA, was elected as a founding board member, and served as its president for 1994 *

Robert C. Ellickson Robert C. Ellickson is an American property law scholar. He is the Walter E. Meyer Professor of Property and Urban Law at Yale Law School, and was formerly on the faculty at the USC Gould School of Law and Stanford Law School. He is a fellow of t ...

, 2000 president *

John J. Donohue III John J. Donohue III is a law professor, economist, and the C. Wendell and Edith M. Carlsmith Professor of Law at Stanford Law School. He is widely known for his writings on effect of legalized abortion on crime and for his criticism of John Lot ...

2011 president * Gillian Hadfield, board member"American Law and Economics Association Twenty-Fourth Annual Meeting May 8-9, 2014"
American Law and Economics Association, 2014, page 2. Retrieved October 17, 2022. * Oliver Hart, 2006 president *

Richard Posner Richard Allen Posner (; born January 11, 1939) is an American jurist and legal scholar who served as a federal appellate judge on the U.S. Court of Appeals for the Seventh Circuit from 1981 to 2017. A senior lecturer at the University of Chica ...

, founding co-

, ''American Law and Economics Review'' *

Roland Kirstein Roland Kirstein (born ) is a German economist and professor of Business Administration at the Otto-von-Guericke-University in Magdeburg, Germany. Biography Roland Kirstein was born Schröder in Bremen, Germany. He studied economics and law at th ...

William M. Landes William M. Landes (born c. 1939) is an American economist who has written about the economic analysis of law and an emeritus professor at the University of Chicago Law School. He is a fellow of the American Academy of Arts and Sciences, which ci ...

, 1992 president *

Bruce M. Owen Bruce M. Owen (born October 13, 1943, in Worcester, Massachusetts) is an economist and author. Owen is the Morris M. Doyle Professor in Public Policy, Emeritus, in the School of Humanities and Sciences at Stanford University, and the Gordon C ...

* Ariel Porat, former board member; president of

Tel Aviv University Tel Aviv University (TAU) ( he, אוּנִיבֶרְסִיטַת תֵּל אָבִיב, ''Universitat Tel Aviv'') is a public research university in Tel Aviv, Israel. With over 30,000 students, it is the largest university in the country. Locate ...

Harold See Harold Frend See, Jr. (born November 7, 1943) is a legal scholar and was an associate justice of the Alabama Supreme Court from 1997 to 2009. The son of Harold F. See, Sr., and Corinne See, he was born at the Great Lakes Naval Training Center in I ...

Michael Trebilcock Michael J. Trebilcock (born 1941) is a New Zealand-born, Canadian-based law academic. He is currently distinguished university professor and professor of law at the University of Toronto, specializing in law and economics. Early life Trebilcock at ...

, 2002 president

References

External links

Official website
Organizations established in 1991 Legal organizations based in the United States Business and finance professional associations Economics societies Law-related professional associations Law-related learned societies 1991 establishments in the United States Law and economics {{US-law-stub

History

Notable members

See also

References

External links