This contribution provides an introduction to the main theme’s that are discussed in micro-, meso- and macroeconomics relating to family law. The occasion was a closed international expert seminar organized by RETHINKIN. (www.rethinkin.eu), a Scientific Research Network financed by the Research Foundation Flanders. The seminar concerned the compensation of household production between partners on the one hand, and intergenerational care for the elderly on the other. A report on the legal aspects is also available on this forum. This contribution first situates the economics of family in general, before discussing the main functions of practicing the economics of family law: (a) avoiding legislative mistakes, (b) using incentives to encourage altruistic behaviour, (c) using disincentives to discourage opportunistic behaviour and finally, (d) applying family economics as a benchmark for protective measures. It is concluded that employing the economics of family law encounters some difficulties, but that the possibilities it offers for legal development outweigh the difficulties. |
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Family & Law
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Auteurs | Prof. dr. Frederik Swennen |
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