The development of law and economics is a success story of the expansion of economics into other social sciences since the 1960s. The success has been attributed to the fact that economics offers a powerful set of analytical tools and a forceful theory of human behavior. But if this is the only reason, then the move of economics into other social sciences such as political science, sociology, etc. should have been equally successful. This, however, is not true. it is argued in this paper that the commonality between economics and law on the subject matter provides the additional explanatory factor. Moreover, the commonality between economics and law on the analytical approach is examined and the implications derived.
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