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Economics Of The Law
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Book Synopsis Economics and the Law by : Nicholas Mercuro
Download or read book Economics and the Law written by Nicholas Mercuro and published by Princeton University Press. This book was released on 1997 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: By providing readers with a noncritical description of the broad contours of each school of thought, Mercuro and Medema convey a strong sense of the important elements of each of these interrelated yet varied traditions.
Book Synopsis Economics of the Law by : Wolfgang Weigel
Download or read book Economics of the Law written by Wolfgang Weigel and published by Routledge. This book was released on 2013-03 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook demonstrates how economic tools can be used to examine the question of how and why legal norms can effectively guide human action, situating the study of both private and public law within the framework of institutional economics
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 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 Foundations of Economic Analysis of Law by : Steven Shavell
Download or read book Foundations of Economic Analysis of Law written by Steven Shavell and published by Harvard University Press. This book was released on 2009-07-01 with total page 760 pages. Available in PDF, EPUB and Kindle. Book excerpt: What effects do laws have? Do individuals drive more cautiously, clear ice from sidewalks more diligently, and commit fewer crimes because of the threat of legal sanctions? Do corporations pollute less, market safer products, and obey contracts to avoid suit? And given the effects of laws, which are socially best? Such questions about the influence and desirability of laws have been investigated by legal scholars and economists in a new, rigorous, and systematic manner since the 1970s. Their approach, which is called economic, is widely considered to be intellectually compelling and to have revolutionized thinking about the law. In this book Steven Shavell provides an in-depth analysis and synthesis of the economic approach to the building blocks of our legal system, namely, property law, tort law, contract law, and criminal law. He also examines the litigation process as well as welfare economics and morality. Aimed at a broad audience, this book requires neither a legal background nor technical economics or mathematics to understand it. Because of its breadth, analytical clarity, and general accessibility, it is likely to serve as a definitive work in the economic analysis of law.
Book Synopsis An Introduction to Law and Economics by : A. Mitchell Polinsky
Download or read book An Introduction to Law and Economics written by A. Mitchell Polinsky and published by Aspen Publishing. This book was released on 2018-07-23 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distinguished by brevity, lucid writing, and well-chosen examples, An Introduction to Law and Economics, now in its Fifth Edition, focuses on a set of core topics that include property, contracts, torts, criminal law, and litigation. Avoiding specialized jargon and mathematics, Polinsky teaches students how to think like an economist and understand legal issues from an economic perspective. New to the Fifth Edition: A streamlining of the products liability chapter A revised discussion of the redistributive effects of legal rules to reflect more recent scholarship on this topic The addition of several other refinements in the text and in new footnotes An updated bibliography Professors and students will benefit from: Solid coverage of relevant economic principles A normative approach that illustrates how to assess legal rules and policies in terms of economic and social goals Clear explanations of concepts
Book Synopsis Law, Economics, and Game Theory by : John Cirace
Download or read book Law, Economics, and Game Theory written by John Cirace and published by Lexington Books. This book was released on 2020-07-06 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book considers three relationships: law and economics; economics and game theory; and game theory and law. Economists teach lawyers that economic principles cut across and integrate seemingly different legal subjects such as contracts, torts, and property. Correspondingly, lawyers teach economists that legal rationality is a separate and distinct decision-making process that can be formalized by behavioral rules that are parallel to and comparable with the behavioral rules of economic rationality, that efficiency often must be constrained by legal goals such as equal protection of the laws, due process, and horizontal and distributional equity, and that the general case methodology of economics vs. the hard case methodology of law for determining the truth or falsity of economic theories and theorems sometimes conflict. Economics and Game Theory: Law and economics books focus on economic analysis of judges’ decisions in common law cases and have been mostly limited to contracts, torts, property, criminal law, and suit and settlement. There is usually no discussion of the many areas of law that require cooperative action such as is needed to provide economic infrastructure, control public “bad” type externalities, and make legislation. Game theory provides the bridge between competitive markets and the missing discussion of cooperative action in law and economics. How? Competitive markets are examples (subset) of the Prisoners’ Dilemma, which explains the conflict between individual self-interested behavior and cooperation both in economic markets and in legislative bodies and demonstrates the need for social infrastructure and regulation of pollution and global warming. Game Theory and Law: Lawsuits usually involve litigation between two parties, not the myriad participants in markets, so the assumption of self-interest constrained by markets does not carry over to legal disputes involving one-on-one bargaining in which the law gives one party superior bargaining power. Game theory models predict the effect of different legal institutions, rights, and rules on the outcome of such bargaining. Game theory also has a natural four-model framework which is used in this book to analyze the law and economics of civil obligation, which consists of torts (negligence), contracts, and unjust enrichment.
Download or read book Law's Order written by David D. Friedman and published by Princeton University Press. This book was released on 2000 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher Fact Sheet Examines the relationship between economics & the law.
Book Synopsis Law, Economics, and Conflict by : Kaushik Basu
Download or read book Law, Economics, and Conflict written by Kaushik Basu and published by Cornell University Press. This book was released on 2021-08-15 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Law, Economics, and Conflict, Kaushik Basu and Robert C. Hockett bring together international experts to offer new perspectives on how to take analytic tools from the realm of academic research out into the real world to address pressing policy questions. As the essays discuss, political polarization, regional conflicts, climate change, and the dramatic technological breakthroughs of the digital age have all left the standard tools of regulation floundering in the twenty-first century. These failures have, in turn, precipitated significant questions about the fundamentals of law and economics. The contributors address law and economics in diverse settings and situations, including central banking and the use of capital controls, fighting corruption in China, rural credit markets in India, pawnshops in the United States, the limitations of antitrust law, and the role of international monetary regimes. Collectively, the essays in Law, Economics, and Conflict rethink how the insights of law and economics can inform policies that provide individuals with the space and means to work, innovate, and prosper—while guiding states and international organization to regulate in ways that limit conflict, reduce national and global inequality, and ensure fairness. Contributors: Kaushik Basu; Kimberly Bolch; University of Oxford; Marieke Bos, Stockholm School of Economics; Susan Payne Carter, US Military Academy at West Point; Peter Cornelisse, Erasmus University Rotterdam; Gaël Giraud, Georgetown University; Nicole Hassoun, Binghamton University; Robert C. Hockett; Karla Hoff, Columbia University and World Bank; Yair Listokin, Yale Law School; Cheryl Long, Xiamen University and Wang Yanan Institute for Study of Economics (WISE); Luis Felipe López-Calva, UN Development Programme; Célestin Monga, Harvard University; Paige Marta Skiba, Vanderbilt Law School; Anand V. Swamy, Williams College; Erik Thorbecke, Cornell University; James Walsh, University of Oxford. Contributors: Kimberly B. Bolch, Marieke Bos, Susan Payne Carter, Peter A. Cornelisse, Gaël Giraud, Nicole Hassoun, Karla Hoff, Yair Listokin, Cheryl Long, Luis F. López-Calva, Célestin Monga, Paige Marta Skiba, Anand V. Swamy, Erik Thorbecke, James Walsh
Book Synopsis Law and Economics by : MAXWELL. ZYWICKI STEARNS (TODD. MICELI, THOMAS.)
Download or read book Law and Economics written by MAXWELL. ZYWICKI STEARNS (TODD. MICELI, THOMAS.) and published by West Academic Publishing. This book was released on 2018-07-27 with total page 1177 pages. Available in PDF, EPUB and Kindle. Book excerpt: This accessible volume integrates wide-ranging economic methodologies with a vast array of legal subjects. Coverage includes the first-year law school curriculum along with institutions and doctrines comprising the core foundation of upper level legal study. Dedicated chapters introduce neoclassical economics, interest group theory, social choice, and game theory, and the book intersperses alternative methodological insights. The analysis synthesizes these methodologies with modern and classic case law, other legal materials, and policy discussions inspired by current events. Ideal for a law school seminar or capstone course, this unique volume is also perfectly suited for business school courses on legal methods and public policy. Professors will find a rich array of materials adaptable to varying pedagogical styles and substantive areas of emphasis. Students exploring these materials will emerge with a deeper understanding of law and economics and a greater appreciation of our lawmaking institutions.
Book Synopsis Law and Economics in Jane Austen by : Lynne Marie Kohm
Download or read book Law and Economics in Jane Austen written by Lynne Marie Kohm and published by Rowman & Littlefield. This book was released on 2019-12-19 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Law and Economics in Jane Austen traces principles of law and economics in sex, marriage and romance as set out in the novels of Jane Austen, unveiling how those meticulous principles still control today’s modern romance. You will learn fascinating new insights into law and economics by seeing these disciplines through Jane Austen’s eyes. Readers who find themselves wishing Jane Austen had written just one more novel, or that she had somewhere offered more examination and analysis of her characters’ predicaments, or who desire to go deeper with her investigation of love, money and culture will praise this book. Discovering the legal and economic principles that drove her stories, Jane Austen’s Law & Economics reveals that the more things change, the more they stay the same. Love and money are constants in social connection. While culture may have changed over 300 years, principles of law and economics remain staples of modern romance – which is why Jane Austen continues to fascinate the modern mind. So sit back, enjoy, and be pleasantly taught and surprised at what you will learn from the methodical mind of Jane.
Book Synopsis The Rise of Law and Economics by : George L. Priest
Download or read book The Rise of Law and Economics written by George L. Priest and published by Routledge. This book was released on 2020-03-03 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a history—though, intentionally, a brief history—of the rise of law and economics as a field of thought in the U.S. college and law school academy, though the field has expanded to Europe and South America and will expand further as other legal systems develop. This book explains the origins of the field and the sources of its growth during its formative period. It describes the intellectual roots of the field, and the field’s relationship to the understanding of the role of the legal system in directing the functioning of the economy. It describes the effect of the Great Depression and the expansion of governmental power on advancing the functional approach. The book then addresses the work of Aaron Director, during the late 1950s, on focusing economic analysis as a means of understanding the effects of the legal and regulatory system on the allocation of resources in the society. Then it turns to the subsequent intellectual founders of the field—Ronald Coase, Guido Calabresi, and Richard Posner—and attempts to explain the significance of their work. It also discusses the efforts of Robert Bork and Henry Manne toward the influence of law and economics on public policy. The book ends with the founding of the American Law and Economics Association in 1991. This is an essential companion to law and economics texts for undergraduate law and economic students and, especially, a general supplement to first-year casebooks for law school students.
Book Synopsis Industrial Organization, Economics, and the Law by : Franklin M. Fisher
Download or read book Industrial Organization, Economics, and the Law written by Franklin M. Fisher and published by MIT Press (MA). This book was released on 1991-11-01 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of work by economist, consultant, and expert witness Franklin M. Fisher constitutes an integrated body of the economic analysis of the law, with particular emphasis on antitrust issues. Fisher's involvement with applying economic analysis to real disputes and to problems of microeconomic policy has resulted in valuable lessons. These lessons are incorporated in themes running through many of these essays about the uses and abuses, achievements and shortcomings, of economic analysis.The book opens with a broad overview of key issues in antitrust law. Fisher stresses the importance of understanding the analytic tools used to examine monopoly and competition. He shows that the notion that simple indicators such as market share, or especially, profit rates can be used to provide an easy test for market power is badly mistaken. And he goes on to discuss oligopoly and its modern game theoretic treatment, which he sees as missing the questions that matter in real situations. Throughout, specific cases and policy issues are used to illustrate these important points.The second part of the book looks at the regulation of television, particularly cable, an area in which Fisher has been active since cable television's early days. The book concludes with a section on economic analysis and the law with essays on such matters as the uses of statistical methods and punishment as a deterrent to crime.Franklin M. Fisher is Professor of Economics at MIT. He was the lead expert economist for the defense, assisted by John J. McGowan and Joen E. Greenwood of Charles River Associates, in the major antitrust case U.S. v. IBM. John Monz is a Ph.D. candidate in economics at MIT.
Book Synopsis Law, Economics, and Morality by : Eyal Zamir
Download or read book Law, Economics, and Morality written by Eyal Zamir and published by Oxford University Press, USA. This book was released on 2010 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work examines the possibility of combining economic methodology and deontological morality through explicit and direct incorporation of moral constraints into economic models.
Book Synopsis The Law and Economics of Irrational Behavior by : Francesco Parisi
Download or read book The Law and Economics of Irrational Behavior written by Francesco Parisi and published by Stanford University Press. This book was released on 2005 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of essays explores the most relevant developments at the interface of economics and psychology, giving special attention to models of irrational behavior, and draws the relevant implications of such models for the design of legal rules and institutions. The application of economic models of irrational behavior to law is especially challenging because specific departures from rational behavior differ markedly from one another. Furthermore, the analytical and deductive instruments of economic theory have to be reshaped to deal with the fragmented and heterogeneous findings of psychological research, turning towards a more experimental and inductive methodology. This volume brings together pioneering scholars in this area, along with some of the most exciting developments in the field of legal and economic theory. Areas of application include criminal law and sentencing, tort law, contract law, corporate law, and financial markets.
Book Synopsis Economics of Tax Law by : David A. Weisbach
Download or read book Economics of Tax Law written by David A. Weisbach and published by . This book was released on 2008 with total page 725 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taxation has long been the subject of study by both lawyers and economists - pre-dating the law and economics movement - but the gap in the understanding of one another's methdology appears to have widened over time. This important two-volume set aims to address this gap.
Book Synopsis The Economic Approach to Law, Second Edition by :
Download or read book The Economic Approach to Law, Second Edition written by and published by Stanford University Press. This book was released on 2009 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designed specifically for economics students, The Economic Approach to Law, 2nd Edition, provides an introductory treatment of law and economics, revealing how economic principles explain the structure of the law, and how they can help make the law more efficient. To that end, the author focuses on unifying themes in the field--rather than exhaustively covering legal topics--and thus provides a more analytical treatment of the subject. The second edition includes current research into the economics of common law areas, such as torts, contracts, and property law. The revised text also offers a new chapter that explores how economics can be applied to anti-trust law, as well as added material on intellectual property. This edition features an expanded suite of exercises and problems at the end of each chapter to encourage students to "do" law and economics. A companion web site offers a full suite of resources for students and professors. Key pedagogical features include cases; discussion points that provide additional analysis of topics in the book; graduate notes, which deepen the text for more advanced readers; and relevant Web links. Professors have access to sample syllabi for undergraduate and graduate courses and to an instructor's manual providing suggested answers to all of the end-of-chapter questions/problems in the book.
