Please enable JavaScript.
Coggle requires JavaScript to display documents.
Economic analysis of the AED right - Coggle Diagram
Economic analysis of the AED right
Study law in non-traditional ways.
Makes use of inexpensive tools
The Economic Approach
The economic approach is given in two directions.
These two approaches are known in the literature as positive analysis, the first, and normative analysis, the second.
Search for efficiency in legal systems
Means to achieve the purposes of the normative system, :
For Salvador & Gómez (2005) the absence or transfer of occupational risk allows.
Reduce accident costs
Reserve life
Avoid removing productive activities from the market that could cause harm
Control the risks
Asset protection by transferring the cost of risk
Construction of a strict liability system
Avoid criminal penalties
Definition of real costs in products and services
Eave no monetary equivalents of pain or suffering
The tools
Provides objective tools for the study of legal systems
Implies higher benefits at lower costs.
Price theory.
Cost-benefit analysis.
The application of efficiency criteria,
Statistics.
Econometrics.
Strategic analysis
Game theory etc.
The AED constitutes an objective tool that allows the study of normative systems, helping to achieve systematization, greater explanatory capacity and growing empirical support.
These advantages in a legal system can be translated into valuable improvements in the implementation of the normative order.
methodological individualism.
Analytical Model.
Rational Man Model.
Optimization Level.
Transaction Costs
Ethical and corporate social responsibility
Accidents are given importance, but moral, mental and psychological damages are left aside.
Safe protection elements.<
The substitution of activities harms other actors.
Pain and suffering is considered part of the cost of the accident.
A balance is sought between the parties.<
Issue Judgments in a fair manner.
Assign a value to products and activities.
Accidents are handled in accounting terms and social costs.
Being an efficient system, it seeks equity.
It has a social responsibility.
Responsibility of law in aggregate development.
Latinos and Anglo-Saxons designed techniques to adapt to risks and the future
Latinos manage it with beliefs through actions from the present to reflect in the future.
Anglo-Saxons focus only on human actions
What is common to both is that it is born from uncertainty
Thus, the Latins prefer security from their customs and the Anglo-Saxons from the domain of the future.
For these reasons, risk management is more developed in Anglo-Saxon countries than in Latin ones
Because the perception of risk is different in Latinos and Anglo-Saxons
Thus, the risk has no influence on the present and therefore adjusts to the future
This is where technology and science are integrated into risk control
Because the worldview of the environment leads to taking different measures in risk management
For Cass R. Sunstein (2006) ethical and social responsibility is summarized in:
Use of the environment from conservation
Sustainable environmental development
Construction of environmental culture
Principle.
fairness, who pollutes pays, caution or caution, public participation and information,
Requirement of legal protection
Economic effects on the social environment
Construction of developed policies
Integral formation.
