Introduction to the Institute Timeshare in Focus of Economic Analysis of Law

Sa？etak Timeshare is now an industry. It is a 50 years old tourism institute. Timeshare has been studying more and more economically over the years as a management and hospitality institute. However, as a kind of legal relationship of contract, it was necessary to regulate it in the area of law also. The aim of this paper is to show the legal framework of the institute through an economic prism i.e. as part of a new legal branch - Economic analysis of law. Some of the fields through timeshare can be compared are contracts, property, a right of future use, theory of a firm and scarcity. In this paper, the author will link this law institute with the economic world and theory. The author will also show information’s about timeshare like definition, history and types of timeshare. When speaking about the legal framework the institute will be defined through the comparative analysis of Croatia, Slovenian, Spain and the EU legal framework. Also, the author will analyse the importance of consumer protection