Social Welfare and the Concept of Efficiency
From the Federal Constitution (art. 37) to the Civil Procedure Code (art. 8º), there are dozens of legal rules commanding the search for efficiency, though there is no legal definition of efficiency. This paper demonstrates how the economic concepts of productive, allocative and dynamic efficiency c...
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2020 |
| País: | Brasil |
| Institución: | Faculdade Meridional (IMED) |
| Repositorio: | Revista Brasileira de Direito |
| Idioma: | portugués |
| OAI Identifier: | oai:ojs.imed1.tempsite.ws:article/3581 |
| Acceso en línea: | https://seer.atitus.edu.br/index.php/revistadedireito/article/view/3581 |
| Access Level: | acceso abierto |
| Palabra clave: | Efficiency; Social Welfare; Pareto Efficiency; Kaldor-Hicks Efficiency; Efficacy; Effectiveness Direito; Economia; Análise Econômica do Direito Eficiência; Bem-Estar Social; Eficiência de Pareto; Eficiência Kaldor-Hicks; Eficácia; Efetividade |
| Sumario: | From the Federal Constitution (art. 37) to the Civil Procedure Code (art. 8º), there are dozens of legal rules commanding the search for efficiency, though there is no legal definition of efficiency. This paper demonstrates how the economic concepts of productive, allocative and dynamic efficiency can be used to give meaning to those legal commands. Pareto and Kaldor-Hicks Efficiency are presented as mechanisms to measure efficiency, while cost-benefit analysis and regulatory impact analysis are shown to be mere applications of those criteria. Finally, the traditional concepts of efficacy, efficiency and effectiveness from business administration are integrated into this theoretical approach in a systematic and coherent way. |
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