The American Law and Economics Review is an academic journal that focuses on the intersection of law and economics. Since the 1990s, the field of legal economics has experienced an extremely rapid rise, with one important development being the establishment of the American Law and Economics Association. The establishment and rapid expansion of this association, as well as similar associations established in Europe, Latin America, and Canada, demonstrate the growing acceptance of the legal economics perspective among judges, practitioners, and policy makers.
This journal provides a platform for scholars in the field of legal economics to publish high-quality research papers, covering various aspects of legal economics, including theoretical analysis, empirical research, and exploration of the economic impact of legal rules and institutions. The publication of the American Law and Economic Review reflects the maturity of legal economics as an independent discipline and its profound impact on legal practice and policy-making.
As a discipline, legal economics has a wide range of research areas, from civil, criminal, and administrative procedures to various fields such as constitution, maritime law, and jurisprudence. However, its research focus is often on the core content of common law, such as property, contracts, and infringement. In addition, legal economics adopts economic theories and analytical methods to study the legal systems, legal relationships, and the efficiency of different legal rules in specific societies, with the aim of making the principles of the legal system clearer rather than changing the legal system itself.