Foundations of Economic Analysis of Law - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Foundations of Economic Analysis of Law write by Steven Shavell. This book was released on 2009-07-01. Foundations of Economic Analysis of Law available in PDF, EPUB and Kindle. 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.
The Economic Analysis of Civil Law
The Economic Analysis of Civil Law - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Economic Analysis of Civil Law write by Schäfer, Hans-Bernd. This book was released on 2022-01-25. The Economic Analysis of Civil Law available in PDF, EPUB and Kindle. 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.
Efficiency Instead of Justice?
Efficiency Instead of Justice? - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Efficiency Instead of Justice? write by Klaus Mathis. This book was released on 2009-03-18. Efficiency Instead of Justice? available in PDF, EPUB and Kindle. Economic analysis of law is an interesting and challenging attempt to employ the concepts and reasoning methods of modern economic theory so as to gain a deeper understanding of legal problems. According to Richard A. Posner it is the role of the law to encourage market competition and, where the market fails because transaction costs are too high, to simulate the result of competitive markets. This would maximize economic efficiency and social wealth. In this work, the lawyer and economist Klaus Mathis critically appraises Posner’s normative justification of the efficiency paradigm from the perspective of the philosophy of law. Posner acknowledges the influences of Adam Smith and Jeremy Bentham, whom he views as the founders of normative economics. He subscribes to Smith’s faith in the market as an ideal allocation model, and to Bentham’s ethical consequentialism. Finally, aligning himself with John Rawls’s contract theory, he seeks to legitimize his concept of wealth maximization with a consensus theory approach. In his interdisciplinary study, the author points out the possibilities as well as the limits of economic analysis of law. It provides a method of analysing the law which, while very helpful, is also rather specific. The efficiency arguments therefore need to be incorporated into a process for resolving value conflicts. In a democracy this must take place within the political decision-making process. In this clearly written work, Klaus Mathis succeeds in making even non-economists more aware of the economic aspects of the law.
Economic Analysis of Accident Law
Economic Analysis of Accident Law - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Analysis of Accident Law write by Steven Shavell. This book was released on 2007-03-31. Economic Analysis of Accident Law available in PDF, EPUB and Kindle. Accident law, if properly designed, is capable of reducing the incidence of mishaps by making people act more cautiously. Since the 1960s, a group of legal scholars and economists have focused on identifying the effects of accident law on people's behavior. Steven Shavell’s book is the definitive synthesis of research to date in this new field.
Law and Economics
Law and Economics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Law and Economics write by Robert Cooter. This book was released on 2000. Law and Economics available in PDF, EPUB and Kindle. 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.
