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Property And Contract In Economics
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Book Synopsis The Economics of Contracts by : Eric Brousseau
Download or read book The Economics of Contracts written by Eric Brousseau and published by Cambridge University Press. This book was released on 2002-10-17 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: A 2002 survey of economics of contracts appealing to scholars in economics, management and law.
Book Synopsis Economics of the Law by : Thomas J. Miceli
Download or read book Economics of the Law written by Thomas J. Miceli and published by Oxford University Press, USA. This book was released on 1997 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: The field of law and economics has matured to a point where scholars employ economic methods to understand the nature of legal rules and guide legal reform. This text is a broad survey of that scholarship as it has been applied to problems in tort, contracts, property and litigation.
Book Synopsis The Economics of Law by : Antony W. Dnes
Download or read book The Economics of Law written by Antony W. Dnes and published by Chapman & Hall. This book was released on 1996 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the interface between law and economics. It is aimed at students either of law or economics, or modular degree students, who are taking a course dealing with the economic implication of law. The approach is clear and concise and assumes no previous knowledge of the subject. It incorporates case studies alongside the main text, plus exercises and discussion questions at the end of each chapter. The book is based around the English legal system and draws comparisons with the US, Canadian, Scottish and European systems and includes European law, particularly where this affects the UK.
Book Synopsis Economic Analysis of Property Rights by : Yoram Barzel
Download or read book Economic Analysis of Property Rights written by Yoram Barzel and published by Cambridge University Press. This book was released on 1997-04-13 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a study of the way individuals organise the use of resources in order to maximise the value of their economic rights over these resources.
Book Synopsis Property and Contract in Economics by : David P. Ellerman
Download or read book Property and Contract in Economics written by David P. Ellerman and published by Wiley-Blackwell. This book was released on 1992 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Justice in Transactions by : Peter Benson
Download or read book Justice in Transactions written by Peter Benson and published by Belknap Press. This book was released on 2019-12-17 with total page 625 pages. Available in PDF, EPUB and Kindle. Book excerpt: “One of the most important contributions to the field of contract theory—if not the most important—in the past 25 years.” —Stephen A. Smith, McGill University Can we account for contract law on a moral basis that is acceptable from the standpoint of liberal justice? To answer this question, Peter Benson develops a theory of contract that is completely independent of—and arguably superior to—long-dominant views, which take contract law to be justified on the basis of economics or promissory morality. Through a detailed analysis of contract principles and doctrines, Benson brings out the specific normative conception underpinning the whole of contract law. Contract, he argues, is best explained as a transfer of rights, which is complete at the moment of agreement and is governed by a definite conception of justice—justice in transactions. Benson’s analysis provides what John Rawls called a public basis of justification, which is as essential to the liberal legitimacy of contract as to any other form of coercive law. The argument of Justice in Transactions is expressly complementary to Rawls’s, presenting an original justification designed specifically for transactions, as distinguished from the background institutions to which Rawls’s own theory applies. The result is a field-defining work offering a comprehensive theory of contract law. Benson shows that contract law is both justified in its own right and fully congruent with other domains—moral, economic, and political—of liberal society.
Book Synopsis Firms, Contracts, and Financial Structure by : Oliver Hart
Download or read book Firms, Contracts, and Financial Structure written by Oliver Hart and published by Clarendon Press. This book was released on 1995-10-05 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a framework for thinking about economic instiutions such as firms. The basic idea is that institutions arise in situations where people write incomplete contracts and where the allocation of power or control is therefore important. Power and control are not standard concepts in economic theory. The book begins by pointing out that traditional approaches cannot explain on the one hand why all transactions do not take place in one huge firm and on the other hand why firms matter at all. An incomplete contracting or property rights approach is then developed. It is argued that this approach can throw light on the boundaries of firms and on the meaning of asset ownership. In the remainder of the book, incomplete contacting ideas are applied to understand firms' financial decisions, in particular, the nature of debt and equity (why equity has votes and creditors have foreclosure rights); the capital structure decisions of public companies; optimal bankruptcy procedure; and the allocation of voting rights across a company's shares. The book is written in a fairly non-technical style and includes many examples. It is aimed at advanced undergraduate and graduate students, academic and business economists, and lawyers as well as those with an interest in corporate finance, privatization and regulation, and transitional issues in Eastern Europe, the former Soviet Union, and China. Little background knowledge is required, since the concepts are developed as the book progresses and the existing literature is fully reviewed.
Book Synopsis The Impact of Incomplete Contracts on Economics by : Philippe Aghion
Download or read book The Impact of Incomplete Contracts on Economics written by Philippe Aghion and published by Oxford University Press. This book was released on 2015-12-22 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1986 article by Sanford J. Grossman and Oliver D. Hart titled "A Theory of Vertical and Lateral Integration" has provided a framework for understanding how firm boundaries are defined and how they affect economic performance. The property rights approach has provided a formal way to introduce incomplete contracting ideas into economic modeling. The Impact of Incomplete Contracts on Economics collects papers and opinion pieces on the impact that this property right approach to the firm has had on the economics profession.
Book Synopsis The Economics of Property and Planning by : Graham Squires
Download or read book The Economics of Property and Planning written by Graham Squires and published by Routledge. This book was released on 2021-11-29 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces the interlocking disciplines of property and planning to economic theory and practice. Unlike any other available textbook, The Economics of Property and Planning skilfully introduces the reader to the interplay between property and planning using an economic lens. As resources become scarce, there is a growing need for students to understand the principles of economics in property and planning, especially given the rapid social, environmental, technological, and political changes that are shaping places. The book begins with an outline of key economists and economic problems, then resources and scarcity, before examining macro- and microeconomic factors at play in property and planning. Furthermore, this book covers a variety of topics, including spatial and locational modelling, fiscal approaches to redistribution, regeneration and renewal, and transport and infrastructure financing. There is also a particular focus on contemporary issues such as climate change, environmental limits to economic growth, sustainability and resilience, and affordable housing. This book also introduces practical evaluation tools and appraisal, plus a look at property and planning with respect to macroeconomic objectives, policy, and new directions. With property and planning essential factors in economic thinking and doing, this book provides insight into what future places will look like in real terms and how they will be shaped by policy. Targeted disciplines for this book include Economics, Planning, Property, Construction, Geography, Environmental Management, Sustainability, Housing, Built Environment, Land Economy, Urban Studies, Regional Studies, and Public Policy.
Book Synopsis The Economic Analysis of Civil Law by : Schäfer, Hans-Bernd
Download or read book The Economic Analysis of Civil Law written by Schäfer, Hans-Bernd and published by Edward Elgar Publishing. This book was released on 2022-01-25 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive textbook provides a thorough guide to the economic analysis of law, with a particular focus on civil law systems. It encapsulates a structured analysis and nuanced evaluation of norms and legal policies, using the tools of economic theory.
Book Synopsis Readings in the Economics of Contract Law by : Victor P. Goldberg
Download or read book Readings in the Economics of Contract Law written by Victor P. Goldberg and published by Cambridge University Press. This book was released on 1989 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection brings together some of the main contributions to an important area of this work, the economics of contract law.
Book Synopsis Law and Economics by : Robert Cooter
Download or read book Law and Economics written by Robert Cooter and published by Addison Wesley Publishing Company. This book was released on 2000 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides students with a method for applying economic analysis to the study of legal rules and institutions. Four key areas of law are covered: property; contracts; torts; and crime and punishment. Added examples and cases help to clarify economic applications further.
Book Synopsis Contract, Governance and Transaction Cost Economics by : Oliver E Williamson
Download or read book Contract, Governance and Transaction Cost Economics written by Oliver E Williamson and published by World Scientific. This book was released on 2017-03-24 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together a collection of seven papers on Transaction Cost Economics by Nobel Laureate Professor Oliver E Williamson. The applications of Transaction Cost Economics are extensive, ranging from the field of industrial organization and applied fields of economics such as labor, public finance, comparative economic systems and economic development, to the business fields of strategy, organizational behavior, marketing, finance, operations management, and accounting. In short, as Williamson states, "any problem that originates as or can be reformulated as a contracting problem can be examined to advantage in transaction cost economizing terms." What is referred to as New Institutional Economics is developed in the West in two mainly complementary ways: Property Rights Theory, and Transaction Cost Economics. Of the two, Property Rights Theory developed more rapidly. Transaction Cost Economics has nonetheless taken shape of late. In China, research on New Institutional Economics began in the 1990s and has grown rapidly since. China has similarly given much more attention to Property Rights Theory. Gengxuan Chen, the editor of this volume, recommends that China will benefit by bringing Transaction Cost Economics to bear. Simultaneously, for scholars who study the market economy, Transaction Cost Economics provides a very attractive way to explain the practice of the Chinese market economy.
Book Synopsis The Uses of Diversity by : David Ellerman
Download or read book The Uses of Diversity written by David Ellerman and published by Rowman & Littlefield. This book was released on 2020-05-28 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author argues for the virtues of diversity in cities, organizations, strategies for development, and human discourse in general. The opening chapter develops the vision of Jane Jacobs (the "diva of diversity") for the development of city regions. Many of the later chapters are based on the author's ten years in the World Bank and Senior Advisor and speechwriter for Joseph Stiglitz. Many of the problems in the World Bank's policies were based on a narrow ideological vision that did not tolerate a diversity of pragmatic approaches to the complex questions of economic and social development. Finally, the narrow social-engineering criterion for evaluating social projects is cost-benefit analysis, and the penultimate chapter develops a logical fallacy in the Kaldor-Hicks Principle that is the theoretical basis for cost-benefit analysis.
Book Synopsis Institutional and Organizational Analysis by : Eric Alston
Download or read book Institutional and Organizational Analysis written by Eric Alston and published by Cambridge University Press. This book was released on 2018-08-23 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why isn't the whole world developed? This toolkit for institutional analysis explains how rules affect the performance of countries, firms, and even families.
Book Synopsis Creative Industries by : Richard E. Caves
Download or read book Creative Industries written by Richard E. Caves and published by Harvard University Press. This book was released on 2000 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: "To explain the logic of these arrangements, the author draws on the analytical resources of industrial economics and the theory of contracts. He addresses the winner-take-all character of many creative activities that brings wealth and renown to some artists while dooming others to frustration; why the "option" form of contract is so prevalent; and why even savvy producers get sucked into making "ten-ton turkeys," such as Heaven's Gate."--BOOK JACKET.
Book Synopsis Copyright, Property and the Social Contract by : John Gilchrist
Download or read book Copyright, Property and the Social Contract written by John Gilchrist and published by Springer. This book was released on 2018-11-02 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides international perspectives on the law of copyright in relation to three core themes - copyright and developing countries; the government and copyright; and technology and the future of copyright. The third theme includes an examination of the extent to which technology will dictate the development of the law, and a re-examination of the role of copyright in fostering innovation and creativity. As a critique, one chapter discusses how certain rights can create or reinforce social inequality under copyright royalty systems. Underlying these themes is the role the law of copyright has in encouraging or impeding human flourishing.