Economic Analysis of the Law (eBook, PDF)

Selected Readings
Redaktion: Wittman, Donald A.

• Format: PDF

Produktbeschreibung

Providing students with a solid grounding in the economic analysis of the law, this reader brings together edited versions of diverse and challenging journal articles into a unified collection. Chosen to provoke thought and discussion, these carefully streamlined articles apply economic theories to many aspects of the law, from intellectual property, corporate finance, and contracts to property rights, family law, and criminal law. * * Provides real-life examples and implications of economic theory. * Creates a unified vision of the law, showing the interconnections between the various fields. * Covers a broad range of topics, from intellectual property and corporate finance to family and criminal law. * Encourages intuitive understanding and applications of the economic principles, due to reduced mathematical content.

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Produktdetails

• Verlag: John Wiley & Sons
• Seitenzahl: 352
• Erscheinungstermin: 8. Mai 2008
• Englisch
• ISBN-13: 9781405141925
• Artikelnr.: 38405713

Autorenporträt

Donald A. Wittman is Professor of Economics at the University of California, Santa Cruz. His articles have been published in top legal, economic, and political science journals, and he has published two books, The Myth of Democratic Failure (1995) and The Federalist Papers: The New Institutionalism and the Old (co-edited with B. Grofman, 1989).

Inhaltsangabe

Preface..
Acknowledgments.
Part I: Coase Theorem.
1. "The Problem of Social Cost" (Ronald H. Coase).
2. "The Cost of Coase" (Robert Cooter).
Part II: Property Rights, Liability Rules and Regulation.
3. "Property Rules, Liability Rules and Inalienability: One View from the
Cathedral" (Guido Calabresi and A. Douglas Melamed).
4. "Economic Theory of Liability Rules" (John Brown).
5. "Unity in Tort, Contract and Property: The Model of Precaution" (Robert
Cooter).
6. "Coming to the Nuisance" (Donald Wittman).
7. "Liability for Harm versus Regulation of Safety" (Steven Shavell).
Part III: Intellectual Property.
8. "Mistake, Disclosure, Information and the Law of Contracts" (Anthony T.
Kronman).
9. "An Economic Analysis of Copyright Law" (William M. Landes and Richard
Posner).
10. "Authors' and Artists Moral Rights: A Comparative Legal and Economic
Analysis" (Henry Hansmann and Marina Santilli).
Part IV: Contracts and Warranties.
11. "A Theory of the Consumer Product Warranty" (George L. Priest).
12. "Fixed Price versus Spot Price Contracts: A Study in Risk Allocation"
(A. Mitchell Polinsky).
13. "The Theory of the Firm and the Structure of the Franchise Contract
(Paul H. Rubin).
14. "Transaction Cost Determinants of Unfair Contractural Arrangements"
(Benjamin Klein).
15. "The Law and Economics Approach to Contract Theory" (Alan Scwartz).
Part V: Corporations and Corporate Finance.
16. "Limited Liability in the Theory of the Firm" (Susan E. Woodward).
17. "Theory of the Firm: Managerial Behavior, Agency Costs and Ownership
Structure" (Michael C. Jensen and William H. Meckling).
18. "State Law, Shareholder Protection and the Theory of the Corporation"
(Ralph K. Winter).
19. "The Proper Role of a Target's Management in Responding to a Tender
Offer" (Frank H. Easterbrook and Daniel R. Fischel).
20. "The Regulation of Insider Trading" (Dennis W. Carlton and Daniel R.
Fischel).
21. "Corporate Reorganizations and the Treatment of Diverse Ownership
Interests: A Comment on Adequate Protection of Secured Creditors in
Bankruptcy" (Douglas G. Baird and Thomas H. Jackson).
Part VI: Family Law.
22. "The Economics of the Baby Shortage" (Elisabeth M. Landes and Richard
A. Posner).
23. "A Market for Babies" (J. Robert S. Prichard).
24. "Marriage, Divorce and Quasi-rents: Or I gave him the best year of my
life" (Lloyd Cohen).
Part VII: Crime and Criminal Law.
25. "Crime and Punishment: An Economic Approach" (Gary S. Becker).
26. "Blackmail, Privacy and Freedom of Contract" (Richard A. Posner).
Part VIII: Norms.
27. "Property Rights in Aboriginal Societies" (Martin J. Bailey).
28. "Property in Land" (Robert C. Ellickson).
29. "Efficient Rules of Thumb in Highway Safety and Sports Activity"
(Donald Wittman).
30. "Rings and Promises" (Margaret F. Brinig).
Index.

Rezensionen

'Professor Wittman collects some of the best and most provocativeworks on law and economics in this one book. An excellent entrypoint for those who are new to the field, this book is also aterrific resource for those who already know the value of theeconomic analysis of law. The ideas examined in these pages havepower almost everywhere one looks.' Saul Levmore, University ofChicago Law School

'Wittman has condensed many of the classic writings in law andeconomics to their essence. I wager that many more than studentswill find this useful.' Aaron Edlin, UC Berkeley School ofLaw

'Professor Wittman selects truly seminal pieces and puts theminto perspective. The commentaries linking the articles should beilluminating for both students and advanced scholars, and are atrue contribution to the literature by themselves. The articleshave been shortened intelligently, making them much more accessibleand highlighting the core arguments. This collection comes veryclose to being the perfect introduction to law and economicsliterature.' Gerrit De Geest, Utrecht University, Belgium