$2,000 in free prizes! piglix.com is giving away ten (10) Meccano Erector sets, retail at $200 each, that build a motorized Ferris Wheel (or one of 22 other models) ... see details
Free Ads! if you are a business with annual revenues of less than $1M - piglix.com will place your ads free of charge for up to one year! ... read more
The subject has gained considerable currency in both the United States and Brazil. In the United States, the journal Jurimetrics is published by the American Bar Association and Arizona State University. In Brazil, the field is the focus of a dedicated scholarly organization, the Brazilian Jurimetrics Association, which describes itself as "a nonprofit organization gathering researchers in Law and Mathematics."
The term was coined in 1949 by Lee Loevinger in his article "Jurimetrics: The Next Step Forward". Showing the influence of Oliver Wendell Holmes, Jr., Loevinger quoted Holmes' celebrated phrase that "the man of the future is the man of statistics and the master of economics.". The first work on this topic is attributed to Nicolaus I Bernoulli in his doctoral dissertation De Usu Artis Conjectandi in Jure, written in 1709.
The possibilities for applying jurimetrics are diverse, from analyses of the frequency of proceedings to the development of models to support decisionmaking. Jurimetrics can be considered from different perspectives depending on one's focus.
The basic difference between jurimetrics and Law and Economics is simply the fact that jurimetrics simultaneously encompasses statistics and law, while Law and Economics deals with econometrics (economics and statistics). When statistics, law and economics all coincide, either a jurimetric or an econometric approach may be considered.
Don't forget! that as one of our early users, you are eligible to receive the 1,000 point bonus as soon as you have created five (5) acceptable piglix.