Law and economics is the field devoted to understanding laws and legal institutions using the tools of economic theory. This subject has become a mainstream area of study in law schools and economics departments and this book explores the 'law and economics' approach to some of the most interesting questions and issues in law, order and justice.
Law and economics is the field devoted to understanding laws and legal institutions using the tools of economic theory. This subject has become a mainstream area of study in law schools and economics departments and this book explores the 'law and economics' approach to some of the most interesting questions and issues in law, order and justice.
Thomas J. Miceli has been a professor at the University of Connecticut since 1987. His research is largely in the area of law and economics, with particular emphasis on land use and property law. He also currently serves as an associate editor for the International Review of Law and Economics.
Inhaltsangabe
Preface 1. On the usefulness of economics for understanding law 2. Property rights and the Coase Theorem 3. The choice between property rules and liability rules 4. Does the law evolve toward efficiency? 5. Threshold rules in law 6. Simultaneous versus sequential care accidents and strategic negligence 7. The tort-crime boundary 8. Some difficulties with the economic theory of crime 9. Escalating penalties for repeat offenders 10. The problem with plea bargaining 11. The (real) puzzle of blackmail 12. Group punishment 13. When is a contract enforceable? 14. Efficient breach theory 15. A question of title: rules for protecting the ownership of land 16. Holdups and holdouts 17. Eminent domain and the paradox of public use 18. Regulatory takings and the compensation question 19. Fair use: fair or foul? 20. Lawsuits for sale? Bibliographic essay References Index
Preface 1. On the usefulness of economics for understanding law 2. Property rights and the Coase Theorem 3. The choice between property rules and liability rules 4. Does the law evolve toward efficiency? 5. Threshold rules in law 6. Simultaneous versus sequential care accidents and strategic negligence 7. The tort-crime boundary 8. Some difficulties with the economic theory of crime 9. Escalating penalties for repeat offenders 10. The problem with plea bargaining 11. The (real) puzzle of blackmail 12. Group punishment 13. When is a contract enforceable? 14. Efficient breach theory 15. A question of title: rules for protecting the ownership of land 16. Holdups and holdouts 17. Eminent domain and the paradox of public use 18. Regulatory takings and the compensation question 19. Fair use: fair or foul? 20. Lawsuits for sale? Bibliographic essay References Index
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