Mark Kelman
Encyclopedia
Mark Kelman is jurist and vice dean of Stanford Law School
. As a prominent legal scholar, he has applied social science methodologies, including economics
and psychology
, to the study of law. He is one of the most cited law professors . He is regarded as one of the co-founders of the critical legal studies
movement and authored "A Guide to Critical Legal Studies." He is widely known for his influential 1978 critique of the Coase theorem
, a core part of law and economics
.
Stanford Law School
Stanford Law School is a graduate school at Stanford University located in the area known as the Silicon Valley, near Palo Alto, California in the United States. The Law School was established in 1893 when former President Benjamin Harrison joined the faculty as the first professor of law...
. As a prominent legal scholar, he has applied social science methodologies, including economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
and psychology
Psychology
Psychology is the study of the mind and behavior. Its immediate goal is to understand individuals and groups by both establishing general principles and researching specific cases. For many, the ultimate goal of psychology is to benefit society...
, to the study of law. He is one of the most cited law professors . He is regarded as one of the co-founders of the critical legal studies
Critical legal studies
Critical legal studies is a movement in legal thought that applied methods similar to those of critical theory to law. The abbreviations "CLS" and "Crit" are sometimes used to refer to the movement and its adherents....
movement and authored "A Guide to Critical Legal Studies." He is widely known for his influential 1978 critique of the Coase theorem
Coase theorem
In law and economics, the Coase theorem , attributed to Ronald Coase, describes the economic efficiency of an economic allocation or outcome in the presence of externalities. The theorem states that if trade in an externality is possible and there are no transaction costs, bargaining will lead to...
, a core part of law and economics
Law and economics
The economic analysis of law is an analysis of law applying methods of economics. Economic concepts are used to explain the effects of laws, to assess which legal rules are economically efficient, and to predict which legal rules will be promulgated.-Relationship to other disciplines and...
.