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.
Foundations of Economic Analysis of Law
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 2004-03-15. 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.
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.
Foundations of the Economic Approach to Law
Foundations of the Economic Approach to 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 the Economic Approach to Law write by . This book was released on 2006. Foundations of the Economic Approach to Law available in PDF, EPUB and Kindle.
Economic Foundations of Law and Organization
Economic Foundations of Law and Organization - 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 Foundations of Law and Organization write by Donald Wittman. This book was released on 2006-06-26. Economic Foundations of Law and Organization available in PDF, EPUB and Kindle. This book serves as a compact introduction to the economic analysis of law and organization. At the same time it covers a broad spectrum of issues. It is aimed at undergraduate economics students who are interested in law and organization, law students who want to know the economic basis for the law, and students in business and public policy schools who want to understand the economic approach to law and organization. The book covers such diverse topics as bankruptcy rules, corporate law, sports rules, the organization of Congress, federalism, intellectual property, crime, accident law, and insurance. Unlike other texts on the economic analysis of law, this text is not organized by legal categories but by economic theory. The purpose of the book is to develop economic intuition and theory to a sufficient degree so that one can apply the ideas to a variety of areas in law and organization.
