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Foundations of economic analysis of law / Steven Shavell.

By: Material type: TextTextPublisher: Cambridge, Massachusetts : The Belknap Press of Harvard University Press, 2004Copyright date: ©2004Description: 1 online resource (xx, 737 pages)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9780674043497
  • 0674043499
  • 0674011554
  • 9780674011557
Subject(s): Genre/Form: Additional physical formats: Print version:: Foundations of economic analysis of law.DDC classification:
  • 340/.1 22
LOC classification:
  • K487.E3 S53 2004eb
Other classification:
  • 86.03
Online resources:
Contents:
I. Property law. Definition, justification, and emergence of property rights -- Division of property rights -- Acquisition and transfer of property -- Conflict and cooperation in the use of property: the problem of externalities -- Public property -- Property rights in information -- II. Accident law. Liability and deterrence: basic theory -- Liability and deterrence: firms -- Extensions of the analysis of deterrence -- Liability, risk-bearing, and insurance -- Liability and administrative costs -- III. Contract law. Overview of contracts -- Contract formation -- Production contracts -- Other types of contract -- IV. Litigation and the legal process. Basic theory of litigation -- Extensions of the basic theory -- General topics on the legal process -- V. Public law enforcement and criminal law. Deterrence with monetary sanctions -- Deterrence with nonmonetary sanctions -- Extensions of the theory of deterrence -- Incapacitation, rehabilitation, and retribution -- Criminal law -- VI. General structure of the law. The general structure of the law and its optimality -- VII. Welfare economics, morality and the law. Welfare economics and morality -- Implications for the analysis of law -- Income distributional equity and the law -- Concluding observations.
Action note:
  • digitized 2011 HathiTrust Digital Library committed to preserve
Summary: "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."-- Provided by publisher.
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Includes bibliographical references and indexes.

I. Property law. Definition, justification, and emergence of property rights -- Division of property rights -- Acquisition and transfer of property -- Conflict and cooperation in the use of property: the problem of externalities -- Public property -- Property rights in information -- II. Accident law. Liability and deterrence: basic theory -- Liability and deterrence: firms -- Extensions of the analysis of deterrence -- Liability, risk-bearing, and insurance -- Liability and administrative costs -- III. Contract law. Overview of contracts -- Contract formation -- Production contracts -- Other types of contract -- IV. Litigation and the legal process. Basic theory of litigation -- Extensions of the basic theory -- General topics on the legal process -- V. Public law enforcement and criminal law. Deterrence with monetary sanctions -- Deterrence with nonmonetary sanctions -- Extensions of the theory of deterrence -- Incapacitation, rehabilitation, and retribution -- Criminal law -- VI. General structure of the law. The general structure of the law and its optimality -- VII. Welfare economics, morality and the law. Welfare economics and morality -- Implications for the analysis of law -- Income distributional equity and the law -- Concluding observations.

"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."-- Provided by publisher.

Steven Shavell is Samuel R. Rosenthal Professor of Law at Harvard Law School.

English.

Print version record.

Use copy Restrictions unspecified star MiAaHDL

Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2011. MiAaHDL.

Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. MiAaHDL

http://purl.oclc.org/DLF/benchrepro0212

digitized 2011 HathiTrust Digital Library committed to preserve pda MiAaHDL

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