Foundations of Economic Analysis of Law

Name: Foundations of Economic Analysis of Law
Price: 188.95 AUD
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ISBN: 9780674011557

Steven Shavell

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Hardback

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English

The Belknap Press
15 March 2004

Laws of Specific jurisdictions

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.

In this book Steven Shavell provides an in-depth analysis and synthesis of the economic approach to the building blocks of our legal system, namely, property law, tort law, contract law, and criminal law. He also examines the litigation process as well as welfare economics and morality. Aimed at a broad audience, this book requires neither a legal background nor technical economics or mathematics to understand it. Because of its breadth, analytical clarity, and general accessibility, it is likely to serve as a definitive work in the economic analysis of law.

By: Steven Shavell
Imprint: The Belknap Press
Country of Publication: United States
Dimensions: Height: 235mm, Width: 162mm, Spine: 32mm
Weight: 1.157kg
ISBN: 9780674011557
ISBN 10: 0674011554
Pages: 768
Publication Date: 15 March 2004
Audience: Professional and scholarly , College/higher education , Undergraduate , Primary
Format: Hardback
Publisher's Status: Active

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

Reviews for Foundations of Economic Analysis of Law

This book proposes an overview of the fields in the economics of law to which the author has contributed. It also covers in detail other fields and many contributions to the literature. The emphasis is on theory, but some empirical facts are mentioned...I very much enjoyed reading the book. It covers with great competence the relevant topics of positive and normative analyses of law. The book reflects the strong academic competence of the author. I recommend the book to academics and professionals. I also recommend its use for teaching the economics of law in law schools, economics departments, and business schools.--Dionne Georges Journal of Risk and Insurance (12/01/2006)