Welcome to the Australian Law and Economics Association

The field of law-and-economics refers to the application of economic theories to legal systems. The field asserts that economic concepts such as efficiency, equity, risk bearing and insurance, and competitive markets offer the best possible reasoning for legal practices. The economic analysis of law focuses on incentives and people’s responses to these incentives.

The overriding objective of the Australian Law and Economics Association (AustLEA) is the advancement of economic analysis of law in Australia. The specific aims of the Association include the development and advancement of research in the economic analysis of law, encouraging meetings and exchanges of academic and practising lawyers with academic and practicing economists, and promoting law reform and the improvement of the legal system.

AustLEA provides a forum for the exchange of information and ideas relating to law-and-economics. The Association supports a community of law-and-economics scholars that includes academic and practicing lawyers and economists.

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Membership

Dues for annual membership in the Association are $100 ($50 for full time students) and $500 to staff of corporate bodies. Membership expires on the first day of July after the joining date.
For membership registration, click here.

Annual Meeting

The 2017 annual meeting will be held at the University of New South Wales.
The 2018 annual meeting will be held at the University of Southern Queensland (Springfield Campus).
Both meetings will be held in late November.

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About Us

The Australian Law and Economics Association was established in the late 1990s. It was part of the ANU Centre for Law and Economics until 2016, when it was decided to make the Association independent of any university.

The Association is managed by an Executive Committee that consists of no fewer than three and no more than ten persons (referred to as “members of the executive committee”) elected by the members of the Association each year by a simple majority vote of members of the association at the annual general meeting (AGM). Only members of the association who are in good standing can be or remain members of the Executive Committee.

The officers of the Association are: the President, Vice Presidents, Secretary, and Treasurer – or any combination thereof may be held by the same person simultaneously.

Our Gallery

  • The Supreme Court of the Northern Territory.
  • Supreme Court of Queensland.
  • Supreme Court of New South Wales.
  • ACT Supreme Court.
  • Supreme Court of Victoria.
  • Supreme Court of Tasmania.
  • Supreme Court of South Australia.
  • Supreme Court of Western Australia.

What Other Says

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No discipline welcomes a broad-scale invasion by an alien and complex body of doctrine and method. Most economists stubbornly ignored mathematics from the 1890s until almost World War II. The invasion of history by cliometrics appears to the outsider to have had no warmer a reception. Once this natural reaction is taken into account, the width of the foothold that economics has obtained in law schools is impressive. Most major law schools have one tenured economist, and some have two. This degree of acceptance is a tribute to the labors of Coase and Posner and their gifted colleagues” George J. Stigler (1911-1991), Nobel Laureate in Economic Sciences (1982)

Latest News

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