Proceedings of the International Conference On Law, Economic & Good Governance (IC-LAW 2023)

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Universal Principles of Foundations in Economic Analysis of Law Theory

Authors
F. Mas Anienda Tien1, *, Mohammad Jamin1, Yudho Taruno Murtanto1
1Faculty of Law, Universitas Sebelas Maret, Kentingan, Jl. Ir Sutami No.36, Kec. Jebres, Kota Surakarta, Jawa Tengah, 57126, Indonesia
*Corresponding author. Email: mas_anienda@student.uns.ac.id
Corresponding Author
F. Mas Anienda Tien
Available Online 22 February 2024.
DOI
10.2991/978-2-38476-218-7_93How to use a DOI?
Keywords
Foundation; economic theory of law; Legal entity
Abstract

Several concepts are presented as an economic model for law, which can be applied to assess how national law is implemented. In this essay, the economic analysis of law is used to analyze the fundamental principles of Indonesian law, which have been completed in accordance with or contrary to their intended goals. Since 2001, foundation has been regarded as the official legal authority in Indonesian rules. This study highlights a principle that is modified in Foundation Law to minimize the cost of use for the general public as benefit recipients. As a law enforcement agency with social, human, and religious goals, foundation must be able to enhance interpersonal relationships or support the lives of others.. If economic study of law is to be believed, Indonesian legal reform implementation has not yet shown a suitable benefit in terms of maximizing social welfare.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference On Law, Economic & Good Governance (IC-LAW 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
22 February 2024
ISBN
978-2-38476-218-7
ISSN
2352-5398
DOI
10.2991/978-2-38476-218-7_93How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - F. Mas Anienda Tien
AU  - Mohammad Jamin
AU  - Yudho Taruno Murtanto
PY  - 2024
DA  - 2024/02/22
TI  - Universal Principles of Foundations in Economic Analysis of Law Theory
BT  - Proceedings of the International Conference On Law, Economic & Good Governance (IC-LAW 2023)
PB  - Atlantis Press
SP  - 557
EP  - 563
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-218-7_93
DO  - 10.2991/978-2-38476-218-7_93
ID  - Tien2024
ER  -