Law and Economics
Beside the classic-hermeneutic method, legal research applies other, interdisciplinary approaches as well. This section focuses on "Law and Economis", which examines the effects of legal regulations by using analytic methods of modern economic theory. In addition, the aim is to carry out empirical studies in the field of legal fact research in cooperation with the economic and social sciences.
International Network for Law and Economics - lucernaforum
The International Network for Law and Economics - lucernaforum is a networking forum to facilitate the world wider recognition of research in the field of law and economics conducted at the University of Lucerne. A central component of the lucernaforum are the annual Law and Economics Conferences, established in 2012, which focus on topical research issues. These conferences allow researchers from all over the world to present their research papers and enables the academic exchange. The respective conference proceedings appear in the scientific series “Economic Analysis of Law in European Legal Scholarship”.
Scientific Advisory Board
Professor of Law, University of Notre Dame Law School
Director, Research Program on Law and Market Behavior (ND LAMB)
Global Professor of Law, University of Haifa Faculty of Law
Leo and Eileen Herzel Professor of Law, The University of Chicago Law School
Kearney Director of the Coase-Sandor Institute for Law and Economics
Professor of Law, UCLouvain (Louvain-La-Neuve, Belgium)
Institut pour la recherche interdisciplinaire en sciences juridiques (JURI)
Professor of Law, University of Oslo
Departement of Private law
Professor of Law, Université Paris Nanterre
Co-directeur de la licence Droit parcours économie et de la double licence droit et économie
Co-directeur du master droit de l'économie membre du CRDP membre de FIDES
Every year, a Law and Economics conference is held in Lucerne. The next conference is dedicated to the topic "Law and Economics of the Digital Transformation".
The Lucerne Graduate Academy for Law and Economics is an annual intensive one-week programme designed to introduce legal scholars and economists to the principles and current trends in the field of law and economics. The Graduate Academy will be conducted in collaboration with the Notre Dame Law School Research Program on Law and Market Behavior (ND LAMB) and primarily consist of three parts: two main courses, three special lectures, and research colloquia.
The main courses will provide in-depth knowledge on selected law and economics fields by renowned professors. In the spirit of the Graduate Academy’s interdisciplinary approach, lecturers will not be limited to legal scholars, but will also include economists discussing their research and its application to legal scholarship.
The first Graduate Academy will take place from 5-9 July 2021. (The Graduate Academy 2020 had to be cancelled due to the corona pandemic.)
For more information please visit the main page for the Lucerne Graduate Academy for Law and Economics.
SNSF-Project: "Third-Party Funding of Collective Redress. A Law and Economics Perspective"
The research project investigates the role of litigation funding in collective redress. Collective redress is an instrument that aims to facilitate access to justice for a large number of consumers by adjudicating the claims of many plaintiffs in a single procedure, thus sharing and saving legal costs and lawyers' fees. Litigation funders can participate in these complex and expensive actions and, if the lawsuit is successful, receive a share of the sums paid out to the plaintiffs. While in the U.S. high damages could be obtained by means of class actions, collective redress instruments are yet to be introduced in the EU and Switzerland.
Monetary incentives motivate litigation funders to support collective actions and, thereby, improve legal protection for consumers. However, the question arises whether profit motives instead of consumer protection can become the guiding principle of such proceedings. In his dissertation with the working title "Third-Party Funding of Collective Redress. A Law and Economics Perspective" Philipp Anton Burri aims to clarify the question whether and to what extent litigation funding in collective redress should be specifically regulated. For the project supervised by Prof. Dr. Klaus Mathis, the topic will be examined from a legal and economic perspective. Possible regulatory measures such as bans, price regulation, restrictions on the influence on proceedings, disclosure requirements, capital requirements, and cost allocation rules will be examined. The results of the research project can serve as a basis for the possible introduction of collective redress instruments in Switzerland.
- Philipp Anton Burri: Third-Party Funding of Collective Redress. A Law and Economics Perspective
- Martin Meier: Behavioural Economic Analysis of Competition Law