jogigazdasági

Jogigazdasági is a Hungarian adjective used to describe approaches, analyses, and policies in which legal norms and institutions are examined through economic reasoning. It focuses on how laws influence incentives, behavior, and resource allocation, as well as the economic efficiency of legal rules and procedures.

The term is embedded in the broader field of jogi közgazdaságtan, or law and economics. This movement, rooted in the application of economic analysis to legal questions, assesses how legal rules affect welfare, efficiency, and market performance. In Hungarian scholarship, a jogigazdasági megközelítés denotes applying economic methods to various branches of law, including constitutional, administrative, civil, and commercial law.

Applications of jogigazdasági analyses include regulation design, contract law, property rights, tort and liability rules, antitrust, taxation, and dispute resolution. Central questions concern incentive compatibility, transaction costs, risk allocation, and the social costs and benefits of different legal institutions.

Relation to related terms: the expression often appears alongside jogi közgazdaságtan or jogi közgazdaságtani megközelítés. While it emphasizes the economic perspective within legal analysis, critiques highlight potential overreliance on efficiency criteria and the challenge of incorporating distributional concerns and ethical values. In Hungarian academia and policy discourse, jogigazdasági analyses contribute to evaluating reforms and regulatory impact assessments.