1800 PARENT AND CHILD

Margaret F. Brinig Professor of Law, George Mason University School of Law

1999

The law and economics of parent and child involves several models. Before the child becomes part of the family, the actions of the parents resemble those of market participants, with the appropriate paradigm contract. Nonetheless, the fact that children are the ‘goods’ over which adults bargain, mandates some government intrusion on contractual freedom. Once parents and child form a family, the social importance of the relationship and the legal helplessness of the child suggest that the relationship differs significantly from contract. In fact, the ongoing family is in many respects like a firm, and the principal-agent paradigm aids understanding. When the children become adults, or when the family is divided by divorce, the relationship of parent and child change but do not disappear. The relationship then approaches the franchise.

PDF of: 1800 PARENT AND CHILD

About the Author

admin
Musings of the Lame was started in 2005 primarily as a simple blog recording the feelings of a birthmother as she struggled to understand how the act of relinquishing her first newborn so to adoption in 1987 continued to be a major force in her life. Built from the knowledge gained in the adoption community, it records the search for her son and the adoption reunion as it happened. Since then, it has grown as an adoption forum encompassing the complexity of the adoption industry, the fight to free her sons adoption records and the need for Adoptee Rights, and a growing community of other birthmothers, adoptive parents and adopted persons who are able to see that so much what we want to believe about adoption is wrong.