Property Law and Economics

Author: Boudewijn Bouckaert
Publisher: Edward Elgar Publishing
ISBN: 9781849806510
Release Date: 2010-01-01
Genre: Law

This book contains illuminating and carefully written literature reviews on the central topics of the economics of property rights and institutions. As a bonus, it includes two fascinating chapters on topics off the beaten path slavery and new types of property rights in environmental goods. This book will be indispensible for students and experienced scholars alike. Eric Posner, University of Chicago Law School, US This study covers property law and property rights, providing a full summary and comprehensive bibliography of the existing law, together with discussion from an economic perspective on the most important aspects of property law. Leading experts have brought together their knowledge and insight on a full range of issues including comparative property law and the history of property law to create a truly autonomous interdisciplinary resource. This essential reference work will strongly appeal to scholars and students enrolled in academic programmes of law and economics. Academic lawyers involved in research and teaching of private (common) law, practicing lawyers in the field of real estate law, as well as economists involved in researching development economics and transition economics will also find this an invaluable resource.

Recht und Verhalten

Author: Christoph Engel
Publisher: Mohr Siebeck
ISBN: 3161491440
Release Date: 2007
Genre: Law

English summary: Behavioral economics, which aims at giving economics more realistic behavioral underpinnings, has its legal counterpart in what US lawyers have called Behavioral Law and Economics. The field investigates the limitations of economic analysis from both a theoretical and an empirical angle, and studies the significance of these insights for the law. The papers in this volume address the ensuing issues of legal theory, examine the relevance of behavioral research for individual fields of law, and explore the chances for a direct cooperation between the law and psychology. German description: Recht und Okonomie haben sich viel zu sagen. Doch auch wenn der homo oeconomicus ein uberaus fruchtbares intellektuelles Instrument ist, ist das okonomische Verhaltensmodell doch kein theoretischer Generalschlussel, mit dem sich alles menschliche Verhalten erklaren liesse. Vielmehr gibt es zahlreiche Situationen, in denen Menschen in einer Weise agieren, die aus einer streng okonomischen Perspektive nicht zu erklaren ist. Vor allem in Kooperation mit der Psychologie und durch das Aufkommen einer experimentellen Okonomik gilt das Interesse vieler Okonomen mittlerweile vermehrt solchen Konstellationen, in denen Modellprognosen und Realitat auseinander klaffen. Diese an realistischem Verhalten interessierte Verhaltensokonomik hat in den USA ihren rechtswissenschaftlichen Niederschlag in einer Forschungsrichtung gefunden, die sich 'Behavioral Law and Economics' nennt. Sie deckt die Grenzen okonomischer Analyse mit Hilfe verhaltenswissenschaftlicher Theorie und Empirie auf und fragt nach der Bedeutung dieser Einsichten fur das Recht. Die Autoren der Beitrage in diesem Band beleuchten rechtstheoretische Grundfragen der Theorierezeption und untersuchen die Relevanz verhaltenstheoretischer Forschung fur einzelne Rechtsgebiete und die Moglichkeiten einer direkten Kooperation von Rechtswissenschaft und Psychologie.

The Law and Economics of Irrational Behavior

Author: Francesco Parisi
Publisher: Stanford University Press
ISBN: 0804751447
Release Date: 2005-01
Genre: Business & Economics

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.

Public Law and Legal Institutions

Author: Francesco Parisi
Publisher: Oxford University Press
ISBN: 9780199684250
Release Date: 2017-03-09
Genre: Business & Economics

The Oxford Handbook of Law and Economics provides a broad overview of numerous current and developing topics in the field of law and economics. With contributions by over one-hundred experts in the field within one work, the volume covers issues ranging from as far as Law and Neuroeconomics to European Union Law and Economics to Feminist Theory and Law and Economics. Its detail and breadth make it an invaluable reference book and contribution to the field.

Media Technology and Copyright

Author: Michael A. Einhorn
Publisher: Edward Elgar Publishing
ISBN: 1845420594
Release Date: 2005-01-01
Genre: Law

Recommended reading for any person interested in the way new technologies, above all the internet and digital content, are affecting the legal treatment of copyrightable intellectual property and related business methods and practices.

Behavioral Law and Economics

Author: Cass R. Sunstein
Publisher: Cambridge University Press
ISBN: 0521667437
Release Date: 2000-03-28
Genre: Business & Economics

Analyzes law with reference to new findings in cognitive psychology and behavioral economics.

Law and Economics

Author: Dana Gold
Publisher: Emerald Group Publishing
ISBN: 9781848553354
Release Date: 2009-05-08
Genre: Political Science

Explores the relationship between law and economics principles and the promotion of social justice. This title includes chapters that invoke the lens of corporate law theory or the corporate context as part of their analysis of the intersection of economics and social justice.

Law and Economics in European Merger Control

Author: Ulrich Schwalbe
Publisher: Oxford University Press
ISBN: 9780199571819
Release Date: 2009-10-01
Genre: Business & Economics

Law and Economics in European Merger Control provides a thorough introduction to the economic theory underlying the regulation of mergers. The central economic concepts of efficiency and welfare are introduced and their role in the foundations of competition law is explained. Market structures of perfect competition, monopoly and oligopoly are analysed and the methods for delineating and evaluating the effects of mergers on markets are explained. Having examined the economic context, the book then proceeds to offer an exhaustive analysis of the application of economic theory in the practice of merger regulation in Europe. Through an analysis of more than 300 competition cases the book critiques the current state of EC competition law against its economic aims, and offers views for the future development of the law. It also sets out an account of the European Commission's search for a 'more economic approach' to competition law, and analyses the policy's successes and failures.

German Hyperinflation 1922 23

Author: Wolfgang Chr Fischer
Publisher: BoD – Books on Demand
ISBN: 9783899369311
Release Date: 2010
Genre: Currency crises

"The aim of this research monograph is to explore the establishment of a new economic order in the infant German Republic or often called Weimar Republic (Deutsches Reich) after World War I and its social and economic turbulance."--P. 1.

The Law and Economics of Globalisation

Author: Linda Y. Yueh
Publisher: Edward Elgar Publishing
ISBN: 9781848449503
Release Date: 2009-01-01
Genre: Political Science

The diversity of author backgrounds, coupled an assortment of provocative insights, makes this book a useful tool for delving into the meat of globalization, providing a succinct but authoritative overview of the underpinnings necessary to appreciate the who, what, where, and when of globalization. American Society of International Law This is a fascinating and insightful set of essays, the relevance of which has only increased with the financial and economic crisis. The ideas and basic positions of the authors range wide, but that is exactly what we require as we struggle to understand twenty-first century globalisation and what to do about it. I should like to see it in the hands of all academics and policy-makers working on global affairs. Alan Winters, University of Sussex, Chief Economist, UK Department for International Development and Former Head of Research, the World Bank This inter-disciplinary volume focuses on the economic and legal challenges confronting globalisation and the evolution of the global system. The Law and Economics of Globalisation discusses the hotly debated topic of globalisation from a wide set of perspectives of law, economics and international political economy. The authors shed new light on the legal, economic and institutional issues raised by globalisation, extending into areas previously considered as national issues. They discuss how the development of the norms, institutions and reach of the global system will be influenced by the domestic and international concerns arising from the increasing integration of countries in the new century. With contributions from lawyers, economists and other experts in the field, this book will be welcomed by academics, students, researchers, and policymakers who are interested in a comprehensive volume on economic globalisation. It will also appeal to a wider audience, such as executive education courses, as well as business and law schools.

The Law and Economics of Canadian Competition Policy

Author: Michael J. Trebilcock
Publisher: University of Toronto Press
ISBN: 0802086128
Release Date: 2003
Genre: Business & Economics

Offering a unique cross-disciplinary approach to scholarship in law and economics, this much-needed work expounds and critically evaluates all of the major doctrines of Canadian competition policy. The topics addressed, each in a separate chapter, include: Canadian competition policy in an historical context; basic economic concepts; multi-firm conduct; horizontal agreements; the merger review process; predatory pricing and price discrimination; vertical restraints; intra-brand competition; inter-brand competition; abuse of dominance; competition policy and intellectual property rights; competition policy and trade policy; competition policy and regulated industries; and enforcement. The treatment of each substantive topic is organized first around a discussion of the relevant body (or bodies) of economic theory and then the pertinent bodies of legal doctrine, including case law. Each chapter contains a critique of existing law in light of contemporary economic theory. This is the only book available that offers an up-to-date integrated analysis of economic theory and legal doctrine in the context of Canadian competition policy.

The Law and Economics of the Environment

Author: Anthony Heyes
Publisher: Edward Elgar Publishing
ISBN: 1843762935
Release Date: 2001-01-01
Genre: Law

. . . their collection together here represents a valuable addition to the library of those who are concerned with studying, teaching analysing, practicing, or making, environmental law as well as students and practitioners of environmental economics. David Hadley, The Economic Journal The exploration of the basic economics of externalities and the basic common law doctrines and institutions for dealing with externalities constitute a "first generation" of economic analysis of environmental law. The present book of essays illustrates the "second generation" of economic analysis of environmental law. The fundamental economic issues, and the common law, are no longer the focus. The lessons of the "first generation" have been absorbed and transcended. The focus has shifted to the level of application, which is the level at which the economist and the lawyer-economist can best hope to influence policy. We are making progress and the essays in this volume will do much to assure that progress continues. From the foreword by Richard A. Posner, United States Court of Appeals for the Seventh Circuit and University of Chicago Law School, US One of the most exciting and productive areas of research in environmental policy is resulting from the integration of the traditionally separate fields of environmental economics and law and economics. This book brings together the top researchers engaged in this enterprise to share the useful insights that are emerging. Both in terms of the scope of coverage and the depth of analysis this is an absolutely first-rate book. Tom Tietenberg, Colby College, Maine, US This outstanding book focuses on how economics can contribute to the design, implementation and appraisal of legal systems that create the right incentives for environmental protection. The sixteen original and specially commissioned contributions written by some of the leading names in their field span many of the important areas of contemporary interest and employ case study material combined with theoretical, empirical and experimental research. The book addresses many topical issues including: the fundamental notions of property rights and social norms; the design and implementation of civil liability regimes; the use of criminal law as an instrument of environmental policy; the role that citizen suits, self-monitoring and self-enforcement could and should play in the implementation of law; the international harmonisation of environmental law; and the treatment of environmental damages in courts. Cutting-edge economic technique is motivated by, and articulates with, real and pressing policy debates. The contributors refer to a range of legal cases and policy decisions, and draw out a host of policy implications and prescriptions for settings as diverse as Superfund reform in the US and the harmonisation of landfill regulations in the European Union. By combining incisive overviews of the latest thinking and results, complemented by original analysis, The Law and Economics of the Environment will appeal to researchers and students of the environment, law and economics, policy practitioners and those with an interest in knowing what constitutes good environmental law.

The Second Wave of Law and Economics

Author: Megan Richardson
Publisher: Federation Press
ISBN: 186287316X
Release Date: 1999-01
Genre: Law

How best can the analyses and insights of economics inform legal theory and "improve" legal decision-making? The contribution of the first wave of law and economics scholars was marked by dogmatic adherence to the free market ideals of the Chicago school. Today, the second wave places greater emphasis on empirical data and accepts a much wider range of non-economic values - an approach which offers promise of an objective and balanced reception of law and economics by the courts. This book demonstrates the richness and value of the second wave. The contributors include judges from the High Court of Australia and the Court of Appeal, New Zealand and academics from the Universities of Toronto, Melbourne and Cambridge.

Tort Law and Economics

Author: Michael Faure
Publisher: Edward Elgar Publishing
ISBN: 9781848447301
Release Date: 2009-01-01
Genre: Law

The central goal of this book is to provide a state-of-the-art overview of the literature with respect to the economic analysis of tort law. It sure meets the challenge, offering with great expertise a comprehensive presentation of tort law in both economic and comparative perspectives. The clarity of the text, unusual in the law and economics literature, makes the book accessible to a broad readership of economists with a limited legal background and lawyers with limited economic skills. Olivier Moreteau, Louisiana State University, US Tort Law and Economics, ed. Michael Faure, provides a highly useful economic overview of the most important topics of tort law. The authors clearly show the main developments of the discussion, examining the results of recent studies and stating their own opinions. Detailed bibliographies are included. The volume has to be warmly recommended to friends and foes of economic analysis who are provided with a comprehensive update in this field while also indicating areas which critics have to focus on. Helmut Koziol, European Centre of Tort and Insurance Law, Austria This volume provides a state-of-the-art overview of the literature on the economic analysis of tort law. In sixteen chapters, the specialist authors guide the reader through the often vast literature in each domain providing a balanced and comprehensive summary. Particular attention is paid to the evolution of the field, further refinements to economic models and relevant conclusions and lessons for the policymaker. Tort Law and Economics is part of the Encyclopedia of Law and Economics, and enables readers, some not familiar with law and economics, to obtain an insight in the relevant economic literature concerning tort law and economics. This book will be of interest to lawyers and economists, practitioners and academics interested in accident law, tort law, insurance and regulation. It will also appeal to students in economic analysis of law and policymakers working on prevention of accidents, tort law or compensation of accident victims.