Economic Foundations of Law second edition

Calabresi, Guido, The Costs of Accidents: A Legal and Economic Analysis (New Haven, CT: Yale University Press, 1970). ... Harper, Fowler V., Fleming James, Jr., and Oscar S. Gray, The Law of Torts (2nd ed., Boston, MA: Little Brown, ...

Economic Foundations of Law second edition

Economic Foundations of Law (2nd ed.) provides an economic analysis of the major areas of the law: property law, torts, contracts, criminal law, civil procedure, corporation law and financial markets, taxation and labor law. In line with current trends in legal scholarship, discussion is focused on economic principles such as risk aversion, efficiency, opportunity cost, moral hazard, rent-seeking behaviour and economies of scale. Accessible, comprehensive and well written, this book uses extensive practical examples and explanations to illustrate key points. There are numerous applications to lawyers and the legal profession, with detailed discussions of subjects as diverse as the proposed market for transplantable human organs, the market for adoptions, the market for bail bonds, the unanticipated effects of Megan’s law, and issues of racial profiling. Fully updated and revised, a new chapter on labor law has also been included.

Economic Foundations of Law

First edition published by South Western College Publishers , Mason , OH , 2005 Second edition published by Routledge 2010 British Library Cataloguing - in - Publication Data A ... Title : Economic foundations of law / Steve Spurr .

Economic Foundations of Law

The third edition of Economic Foundations of Law introduces readers to the economic analysis of the major areas of the law: property law, torts, contracts, criminal law, civil procedure, corporation law and financial markets, taxation, and labor law. No prior knowledge of law is required, but a prior course in the principles of microeconomics would be quite helpful. The text opens with a review of the basic principles of price theory and an overview of the legal system, to ensure readers are equipped with the tools necessary for economic analysis of the law. The third edition provides expanded or new coverage of key topics including intellectual property law, how the creation of new forms of property rights affects the conservation of species such as elephants and fish, controversies involving liability for medical malpractice and class actions, the transformation of personal injury litigation by the intervention of insurance companies as plaintiffs, how to predict the outcome of litigation with game theory, an economic analysis of the ownership and use of guns, bankruptcy law, and the economics of bank regulation. Comprehensive and well-written, this text is a compelling introduction to law and economics that is accessible to both economics and law students.

Economic Foundations of Law and Organization

When economists think about the law, they think about costs and benefits. ... A second thought experiment is to ask who would end up with which entitlements if the cost of making agreements were low (in particular, there were no ...

Economic Foundations of Law and Organization

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.

The Economic Approach to Law Second Edition

Alabama Law Review 40: 1143–96. ———. 1987a. ... Journal of Law, Economics & Organization 3: 227–34. ———. 1985. ... 1975. Principles of the Law of Property. 2d ed. Mineola, N.Y.: The Foundation Press. Curran, Christopher. 1992.

The Economic Approach to Law  Second Edition


Foundations of Economic Analysis of Law

Principles of Patent Law. Second edition. New York: Foundation Press. Chu, C. Y. Cyrus, Sheng-cheng Hu, and Ting-yuan Huang. 2000. Punishing Repeat Offenders More Severely. International Review of Law and Economics 20: 127–140.

Foundations of Economic Analysis of 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.

Classics and Moderns in Economics Volume I

In the first method of approach the starting-point is consciousness taken as the living individual; in the second ... major parts: the economic foundations of morality, the economic foundations of law, and the economic foundations of ...

Classics and Moderns in Economics Volume I

Peter Groenewegen's reputation as a chronicler of the history of economics is unparalleled. Building on his respected collection on eighteenth century economics, this new book focuses on the nineteenth and early twentieth centuries, reprinting essays on classical and modern economics. Several of the included essays have never been published before, whilst many have previously been difficult to access having been written across the 1970s, 1980s and 1990s. This important collection will be an invaluable resource for any historian, student or academic involved in the history of economics.

Law and Economics for Civil Law Systems

Benyekhlef 2013: Benyekhlef, Karim (ed.), Gouvernance et risque : les défis de la régulation dans un monde global = Governance and risk: the challenges of global regulation, Montréal, Éditions Thémis, 2013 Bernstein 1996: Bernstein, ...

Law and Economics for Civil Law Systems

This second edition of Law and Economics for Civil Law Systems substantially updates a unique work that presents the core ideas of law and economics for audiences primarily familiar with civil law systems.

Economic Foundations of International Law

One state acts innocently by its own lights—it seizes a large merchant ship that it does not regard as a coastal fishing vessel—and the other states accuses it of violating the law. Second, customary international law can be hard to ...

Economic Foundations of International Law

Exchange of goods and ideas among nations, cross-border pollution, global warming, and international crime pose formidable questions for international law. Two respected scholars provide an intellectual framework for assessing these problems from a rational choice perspective and describe conditions under which international law succeeds or fails.

Modern Global Economic System Evolutional Development vs Revolutionary Leap

Essay on the history of philosophy and culture. (second edition). Publishing house of the Russian Christian humanitarian Academy. SanktPeterburg (2014) Maltsev, A.V.: Social Foundations of Law. Norma, Moscow (2007) Mamychev, A., ...

Modern Global Economic System  Evolutional Development vs  Revolutionary Leap

This proceedings book reflects the alternative way of development of the modern global economic system. It sets evolutionary development in opposition to revolutionary leap. The search for the best way to develop the world economy in the present and future is carried out. The social environment and the human-centered development of the modern global economic system have been explored. The features of training of personnel for the modern global economic system through the development of vocational education and training have been studied. Sustainable development, energy and food security have been identified as significant milestones of the progress of the modern global economic system. Innovations and digital technologies have been suggested as the drivers of growth and development of the modern global economic system. Consideration has been given to the institutional framework and legal groundwork for the development of the modern global economic system. The fundamentals have been identified and recommendations have been put forward for improving governmental regulation, financial and capital investment support for integration in the modern global economic system. The book includes the best works based on the results of the 22nd International Research-to-Practice Conference “Current Issues of the Global Economy” which was held on June 19, 2020, at the Peoples’ Friendship University of Russia (PFUR) (Moscow, Russia) and the 14th National Research-to-Practice Conference “A New Paradigm of Social and Economic Development in the Age of Intelligent Machines,” which was held on May 14–16, 2020 (Nizhny Novgorod, Russia), VIII International Research-to-Practice Conference “Multipolar Globalization and Russia,” which was held on May 21–23, 2020 (Rostov-on-Don, Russia), III All-Russian Research-to-Practice Conference “Power, Business, and Education: The Ascent to Man,” which was held on May 21–22, 2020 (Krasnoyarsk, Russia), International Research-to-Practice Conference “Current Issues and Ways of Industrial Development: Engineering and Technologies,” which was held from September 28, 2020, till October 1, 2020 (Komsomolsk-on-Amur), and the 15th National Research-to-Practice Conference “New Models of Behavior of Market Players in the Conditions of Digital Economy,” which was held on October 29–30, 2020, at Ufa State Oil Technical University, Institute of Economics and Service (Ufa, Russia). The target audience of the book consists of scholars studying the features of development of the global economic system at the present stage and the prospects for its future progress.

Elgar Encyclopedia of Comparative Law Second Edition

Magnus, U. and J. Fedtke (2001), 'German Report on Non-pecuniary Loss', in W.V. Horton Rogers (ed.), Damages for Non-Pecuniary Loss in a ... Shavell, S. (2004), Foundations of Economic Analysis of Law, Cambridge, MA: Harvard University ...

Elgar Encyclopedia of Comparative Law  Second Edition

Acclaim for the first edition: ïThis is a very important and immense book. . . The Elgar Encyclopedia of Comparative Law is a treasure-trove of honed knowledge of the laws of many countries. It is a reference book for dipping into, time and time again. It is worth every penny and there is not another as comprehensive in its coverage as ElgarÍs. I highly recommend the Elgar Encyclopedia of Comparative Law to all English chambers. This is a very important book that should be sitting in every university law school library.Í _ Sally Ramage, The Criminal Lawyer Containing newly updated versions of existing entries and adding several important new entries, this second edition of the Elgar Encyclopedia of Comparative Law takes stock of present-day comparative law scholarship. Written by leading authorities in their respective fields, the contributions in this accessible book cover and combine not only questions regarding the methodology of comparative law, but also specific areas of law (such as administrative law and criminal law) and specific topics (such as accident compensation and consideration). In addition, the Encyclopedia contains reports on a selected set of countriesÍ legal systems and, as a whole, presents an overview of the current state of affairs. Providing its readers with a unique point of reference, as well as stimulus for further research, this volume is an indispensable tool for anyone interested in comparative law, especially academics, students and practitioners.

Antitrust Law Second Edition

... goods.2 It is true that the common law refused to enforce contracts that were monopolistic in the economic sense,3 ... Law Journal 871, 889–911 (1999); Michael S. Jacobs, “An Essay on the Normative Foundations of Antitrust Economics ...

Antitrust Law  Second Edition

When it was first published a quarter of a century ago, Richard Posner's exposition and defense of an economic approach to antitrust law was a jeremiad against the intellectual disarray that then characterized the field. As other perspectives on antitrust law have fallen away, Posner's book has played a major role in transforming the field of antitrust law into a body of economically rational principles largely in accord with the ideas set forth in the first edition. Today's antitrust professionals may disagree on specific practices and rules, but most litigators, prosecutors, judges, and scholars agree that the primary goal of antitrust laws should be to promote economic welfare, and that economic theory should be used to determine how well business practices conform to that goal. In this thoroughly revised edition, Posner explains the economic approach to new generations of lawyers and students. He updates and amplifies his approach as it applies to the developments, both legal and economic, in the antitrust field since 1976. The "new economy," for example, has presented a host of difficult antitrust questions, and in an entirely new chapter, Posner explains how the economic approach can be applied to new industries such as software manufacturers, Internet service providers, and those that provide communications equipment and services. "The antitrust laws are here to stay," Posner writes, "and the practical question is how to administer them better-more rationally, more accurately, more expeditiously, more efficiently." This fully revised classic will continue to be the standard work in the field.

Encyclopedia of Law and Society

Finally, in the “Economic Foundation of Law” essay, Graziani observed how civil obligations evolved with ... of law, holds that chair at the Aristotle University of Thessaloniki School of Law (the second oldest law school in the ...

Encyclopedia of Law and Society

Provides more than seven hundred alphabetical entries covering the interaction of law and society around the globe, including the sociology of law, law and economics, law and political science, psychology and law, and criminology.

The Journal Jurisprudence Vol 1

For the second edition, the editors challenge the scholarly and lay communities to inquire into intersection between jurisprudence and economics. Under what circumstances does economic theory shape legal philosophy?

The Journal Jurisprudence  Vol 1


Foundations of Entrepreneurship and Economic Development

The New Palgrave Dictionary of Economics and the Law, Volume Two, 88–93, New York: Stockton Press. ... Berry, J.W., Dasen, P.R. and Saraswathi, T.S. (eds) (1997a) Handbook of Cross-Cultural Psychology, Second Edition, Volume Two, ...

Foundations of Entrepreneurship and Economic Development

This well-written book is the first to deal with entrepreneurship in all its aspects. It considers the economic, psychological, political, legal and cultural dimensions of entrepreneurship from a market-process perspective. David A Harper has produced a volume that analyses why some people are quicker than others in discovering profit opportunities. Importantly, the book also covers the issue of how cultural value systems orient entrepreneurial vision and, in contrast to conventional wisdom, the book argues that individualist cultural values are not categorically superior to group oriented values in terms of their consequences for entrepreneurial discovery.

Bread Politics and Political Economy in the Reign of Louis XV

Second Edition Steven L. Kaplan ... in order to destroy their moral authority at the same time that it circumscribed their legal authority, the government was laying waste to the very foundations of law and order.

Bread  Politics and Political Economy in the Reign of Louis XV

A new edition of Kaplan’s landmark study on eighteenth-century French political economy, reissued with a new Foreword by Sophus A. Reinert. Based on research in all the Parisian depots and more than fifty departmental archives and specialized and municipal libraries, Kaplan’s classic work constitutes a major contribution to the study of the subsistence problem before the French Revolution and the political economy of deregulatory reform. Anthem Press is proud to reissued this pathbreaking work together with a significant new historiographic companion volume by the author, “The Stakes of Regulation: Perspectives on ‘Bread, Politics and Political Economy’ Forty Years Later.”

China and EU Antitrust Review of Refusal to License IPR

Economic analysis in the field of competition law, in particular on abuse of dominance, see, for instance, Robert O'Donoghue and A. Jorge Padilla, The Law and Economics of Article 102 TFEU (second edition, Hart Publishing 2013); Pinar ...

China and EU Antitrust Review of Refusal to License IPR

Striking a proper balance between unilateral exercise of intellectual property rights on the one hand and competition rules on the other hand is not an easy exercise. The right owners’ unilateral behaviour of refusal to license is one such delicate issue, particularly for China, considering that it has not been clarif ied within existing competition rules how to assess a right owner’s specif ic unilateral practices. In a series of cases, the EU courts have established the exceptional circumstances in which the right owners’ refusal conduct might be considered as an infringement of EU competition rules. In general, Chinese competition law has been modelled after the EU competition rules. This book firstly examines the EU approaches on dominant undertakings’ refusal to license intellectual property rights and the follow-on pricing issue, and then explores to what extent the EU model could contribute to China’s anti-monopoly practice.

Economics and the Law

From Posner to Postmodernism and Beyond - Second Edition Nicholas Mercuro, Steven G. Medema ... A major part of this work involved an examination of the legal foundations of the capitalist economic system, particularly in his classic ...

Economics and the Law

This is an expanded second edition of Nicholas Mercuro and Steven Medema's influential book Economics and the Law, whose publication in 1998 marked the most comprehensive overview of the various schools of thought in the burgeoning field of Law and Economics. Each of these competing yet complementary traditions has both redefined the study of law and exposed the key economic implications of the legal environment. The book remains true to the scope and aims of the first edition, but also takes account of the field's evolution. At the book's core is an expanded discussion of the Chicago school, Public Choice Theory, Institutional Law and Economics, and New Institutional Economics. A new chapter explores the Law and Economics literature on social norms, today an integral part of each of the schools of thought. The chapter on the New Haven and Modern Civic Republican approaches has likewise been expanded. These chapters are complemented by a discussion of the Austrian school of Law and Economics. Each chapter now includes an "At Work" section presenting applications of that particular school of thought. By providing readers with a concise, noncritical description of the broad contours of each school, this book illuminates the fundamental insights of a field with important implications not only for economics and the law, but also for political science, philosophy, public administration, and sociology.

Economic Foundations of Regulation and Antitrust Law

Second half of the book applies economic tools and consumer welfare theory to antitrust law and the regulation of natural monopolies.

Economic Foundations of Regulation and Antitrust Law

Leads the reader gradually through the theories of supply, demand, and price quantity equilibrium, and introduces these concepts with the help of graphs. Cases explore opportunity cost, normal economic profit, rent, and the theory of cost, including total, average, and marginal cost as applied to the incidence of taxation, tort liability, and the efficient level of pollution control. Second half of the book applies economic tools and consumer welfare theory to antitrust law and the regulation of natural monopolies.

Law and Economics

Another notable book is the second edition of Economics and the Law. ... this book present the works that discuss the historical and methodological foundations of (old or new) “law and economics” and of “economic analyses of the law”.

Law and Economics

This book brings together the most authoritative articles on Law and Economics and the interaction between the two disciplines as well as the use of economic tools to analyse legal problems. Aimed at students experiencing the subject for the first time, the selections are interlaced with a wealth of features including explanatory introductions and exercises. Key features of the reader include: - The accessibility of the material: the articles should be understandable to those with only a limited background in economics and law. - The book’s focus on the most important and basic – foundational – issues in law and economics. - An exposition of the opposition between the different legal systems that exist in the world including common law, civil law and public law. - Debates viewed from the perspective of the scholars from a range of backgrounds are presented as well as all the key figures in economics and in law. The book should prove to be an essential resource to all students studying this burgeoning field and represents an exciting introduction to one of the key disciplines which has grown up in the social sciences in recent times.

Embracing the Knowledge Economy

Määttä , Kalle ( 1997 ) , Environmental Taxes : From an Economic Idea to a Legal Institution , Jyvaskyla ... Posner , Richard A. ( 2001 ) , Antitrust Law , Second edition , Chicago and London : The University of Chicago Press .

Embracing the Knowledge Economy

In an astonishingly short period of time, Finland has developed into one of the world's leading knowledge societies whilst retaining a comprehensive welfare state. The book traces this rapid transformation from a resource-based to a knowledge-based society. The authors describe the country's strengths and weaknesses in the new economy and demonstrate how Finland has been able to catch-up with the leading industrial countries by exploiting new techno-organizational opportunities. Experts from different fields provide rich empirical material on Finnish industries, firms, regions and institutions, and the role they have played in the transformation process. The book also details the business and economic restructuring which was required, and explores new trends in the country's science, technology and innovation policy.