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K - Law and Economics
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JEL top-level code K: the economic analysis of law and legal institutions, including how property and contract rules shape economic behavior. Belongs here: concepts analyzing a legal or regulatory rule through economic reasoning, such as how a legal entitlement structure shapes incentives to invest, trade or litigate. Does not belong here: a purely doctrinal legal concept with no distinct economic-analysis content, which belongs on Law Atlas rather than here, per this atlas's own institutional seam.
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