2013
DOI: 10.2139/ssrn.2332016
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The Principle of Legal Certainty as a Principle of Economic Efficiency

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Cited by 8 publications
(6 citation statements)
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“…Taking into account that legal certainty, which is a distinguishing feature of the rule of law and compatible with the ideals of a free market economy, plays a fundamental role in law due to its economic optimality for market participants (Portuese, Gough and Tanega, 2013), and bearing in mind the need to increase the quality of laws and the efficacy of their impact on the processes of formation and development of a new society in Russia (Mozolin, 2005), such a state of regulation, practical concretization and scientific assessment of lease objects is not acceptable. Since it is generally believed that the law should not be vague (an ambiguous law does not do well in managing people's behavior (Asgeirsson, 2015)), it is important that in the particular aspect under consideration to have the most correct and sound normative definition of acceptable lease objects.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Taking into account that legal certainty, which is a distinguishing feature of the rule of law and compatible with the ideals of a free market economy, plays a fundamental role in law due to its economic optimality for market participants (Portuese, Gough and Tanega, 2013), and bearing in mind the need to increase the quality of laws and the efficacy of their impact on the processes of formation and development of a new society in Russia (Mozolin, 2005), such a state of regulation, practical concretization and scientific assessment of lease objects is not acceptable. Since it is generally believed that the law should not be vague (an ambiguous law does not do well in managing people's behavior (Asgeirsson, 2015)), it is important that in the particular aspect under consideration to have the most correct and sound normative definition of acceptable lease objects.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Radbruch put forward four basic things related to the meaning of legal certainty, namely: first, that the law is positive, meaning that the law is a law; second, that the law is based on facts, in the sense that it is based on reality; third, that facts must be formulated in a clear manner so as to avoid mistakes in meaning, besides being easy to implement; fourth, positive law cannot be easily changed. Legal certainty is a guarantee that the law is carried out, parties who have the right according to the law can obtain their rights, even though legal certainty is closely related to justice, but the law is not identical with justice [16,17] . Law is general, binding everyone, generalizing, while justice is subjective, individualistic and not generalized [18].…”
Section: Legal Certainty For the Granted Community Group To Reward Frmentioning
confidence: 99%
“…In the legal field, the substance of the law lies not in whether the law is traditional because of the legacy of the end or not, but in discussing legal issues, we are trapped in understanding law in a procedural sense, not the law in a substantive sense that fulfils a sense of justice (Portuese et al, 2017). So that it is not realized, there is a reduction in the meaning of the law substantively (which fulfils a sense of justice) into procedural law.…”
Section: Introductionmentioning
confidence: 99%