Encyclopedia of Law and Economics

Encyclopedia of Law and Economics PDF

Author: Jürgen Georg Backhaus

Publisher: Springer

Published: 2018-02-15

Total Pages: 0

ISBN-13: 9781461477525

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Law and Economics deals with the economic analysis of legal relations, legal provisions, laws and regulations and is a research field which has a long tradition in economics. It was lost after the expulsion of some of the leading economists from Germany during 1933 to 1938, but then revived in Chicago. Both the subject of Law of Economics and the need for a concise Encyclopedia is particularly relevant in Europe today. Currently in the European Union there are several different legal cultures: the Anglo-Saxon legal framework, the German legal framework, which for example also includes Greece, and the Roman legal family—three jurisdictions which have to be covered with one and the same theory. In the EU, the task of the European Commission to interact with the various European jurisdictions means different legal cultures collaborating and some degree of harmonization is necessary. The result is an immediate need, if only for the science, to show how a given problem is solved in each legal tradition and jurisdiction. This Encyclopedia provides both a common language and precise definitions in the field, which will be useful in the future to avoid misunderstandings during harmonization of EU Law

Law, Economics, and Game Theory

Law, Economics, and Game Theory PDF

Author: John Cirace

Publisher: Lexington Books

Published: 2018-04-16

Total Pages: 474

ISBN-13: 1498549098

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This book uses game theory to explain conflict between individual self-interested behavior and cooperation in economic markets, lawsuits, and legislative bodies. It demonstrates the need for social regulation in addition to free markets and judicial decisions in common law cases.

The Rise of Law and Economics

The Rise of Law and Economics PDF

Author: George L. Priest

Publisher: Routledge

Published: 2020-03-03

Total Pages: 170

ISBN-13: 1000701174

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This is a history—though, intentionally, a brief history—of the rise of law and economics as a field of thought in the U.S. college and law school academy, though the field has expanded to Europe and South America and will expand further as other legal systems develop. This book explains the origins of the field and the sources of its growth during its formative period. It describes the intellectual roots of the field, and the field’s relationship to the understanding of the role of the legal system in directing the functioning of the economy. It describes the effect of the Great Depression and the expansion of governmental power on advancing the functional approach. The book then addresses the work of Aaron Director, during the late 1950s, on focusing economic analysis as a means of understanding the effects of the legal and regulatory system on the allocation of resources in the society. Then it turns to the subsequent intellectual founders of the field—Ronald Coase, Guido Calabresi, and Richard Posner—and attempts to explain the significance of their work. It also discusses the efforts of Robert Bork and Henry Manne toward the influence of law and economics on public policy. The book ends with the founding of the American Law and Economics Association in 1991. This is an essential companion to law and economics texts for undergraduate law and economic students and, especially, a general supplement to first-year casebooks for law school students.

Law and Method

Law and Method PDF

Author: Bart van Klink

Publisher: Mohr Siebeck

Published: 2011

Total Pages: 0

ISBN-13: 9783161506765

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This book gives an overview of the most relevant disciplines for interdisciplinary research on law. What are the characteristics of these disciplines one really needs to understand in order to do research that combines law with them? The book consists of three parts. The first part addresses general methodological questions about legal scholarship and interdisciplinary research. The second part consists of chapters exploring the relationship between law and other disciplines. The disciplines are classified in broadly three categories: empirical social science, humanities, and language-oriented disciplines. The third part contains examples of interdisciplinary research in practice: how is it done, what kinds of problems arise when doing such research, and what insights into law does it provide?

Law, Economics, and Morality

Law, Economics, and Morality PDF

Author: Eyal Zamir

Publisher: Oxford University Press, USA

Published: 2010

Total Pages: 376

ISBN-13: 0195372166

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This work examines the possibility of combining economic methodology and deontological morality through explicit and direct incorporation of moral constraints into economic models.

The Law and Economics of Irrational Behavior

The Law and Economics of Irrational Behavior PDF

Author: Francesco Parisi

Publisher: Stanford University Press

Published: 2005

Total Pages: 634

ISBN-13: 9780804751445

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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.

The Language of Law and Economics

The Language of Law and Economics PDF

Author: Francesco Parisi

Publisher: Cambridge University Press

Published: 2013-04-04

Total Pages:

ISBN-13: 1139915703

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From a historical perspective, 'law and economics' constituted one of the most influential developments in legal scholarship in the twentieth century; the discipline remains today one of the dominant perspectives on the law, generating a tremendous quantity of new research and discussion. Unfortunately, one consequence of applying the analytical methods of one highly technical field to the historically layered substance of another has been the accumulation of considerable technical overhead, requiring fluency in both the language of economics and the language of the law. Further complicating matters, the field of law and economics has sometimes developed independently, creating new terms, while recasting others from their original economic or legal meanings. In this dictionary of law and economics, Francesco Parisi provides a comprehensive and concise guide to the language and key concepts underlying this fecund interdisciplinary tradition. The first reference work of its kind, it will prove to be an invaluable resource for professionals, students and scholars.

The SAGE Encyclopedia of Economics and Society

The SAGE Encyclopedia of Economics and Society PDF

Author: Frederick F. Wherry

Publisher: SAGE Publications

Published: 2015-09-01

Total Pages: 1984

ISBN-13: 150630088X

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Economics is the nexus and engine that runs society, affecting societal well-being, raising standards of living when economies prosper or lowering citizens through class structures when economies perform poorly. Our society only has to witness the booms and busts of the past decade to see how economics profoundly affects the cores of societies around the world. From a household budget to international trade, economics ranges from the micro- to the macro-level. It relates to a breadth of social science disciplines that help describe the content of the proposed encyclopedia, which will explicitly approach economics through varied disciplinary lenses. Although there are encyclopedias of covering economics (especially classic economic theory and history), the SAGE Encyclopedia of Economics and Society emphasizes the contemporary world, contemporary issues, and society. Features: 4 volumes with approximately 800 signed articles ranging from 1,000 to 5,000 words each are presented in a choice of print or electronic editions Organized A-to-Z with a thematic Reader's Guide in the front matter groups related entries Articles conclude with References & Future Readings to guide students to the next step on their research journeys Cross-references between and among articles combine with a thorough Index and the Reader's Guide to enhance search-and-browse in the electronic version Pedagogical elements include a Chronology of Economics and Society, Resource Guide, and Glossary This academic, multi-author reference work will serve as a general, non-technical resource for students and researchers within social science programs who seek to better understand economics through a contemporary lens.

The Future of Law and Economics

The Future of Law and Economics PDF

Author: Guido Calabresi

Publisher: Yale University Press

Published: 2016-01-28

Total Pages: 248

ISBN-13: 0300216262

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In a concise, compelling argument, one of the founders and most influential advocates of the law and economics movement divides the subject into two separate areas, which he identifies with Jeremy Bentham and John Stuart Mill. The first, Benthamite, strain, “economic analysis of law,” examines the legal system in the light of economic theory and shows how economics might render law more effective. The second strain, law and economics, gives equal status to law, and explores how the more realistic, less theoretical discipline of law can lead to improvements in economic theory. It is the latter approach that Judge Calabresi advocates, in a series of eloquent, thoughtful essays that will appeal to students and scholars alike.