Encyclopedia Of Law And Economics

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3 hours ago Encyclopedia of Law and Economics Edited by Gerrit De Geest The second, expanded edition of the acclaimed Encyclopedia represents a major update of the most authoritative reference work in the field of law and economics and the nine print volumes are now released online as a single integrated product.

Author: Horacio Spector
Publish Year: 2017

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5 hours ago The Encyclopedia of Law and Economics, Second Edition is an essential reference work for law schools. This 12 volume set is available on perpetual access, with 10 titles already published and 2 volumes forthcoming. ‘The Encyclopedia of Law and Economics endeavours to provide the kind of encylopedic coverage – comprehensive and sophisticated but lucid, international …

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Just Now Encyclopedia of Law & Economics. Introduction. Editorial Board and Board of Referees. Foreword by Richard A. Posner. Read the Encyclopedia of Law and Economics Online. Law and Economics Web Resources. Literature Reviews. Bibliographies. Edward Elgar Publishing Limited FindLaw.

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9 hours ago Bouckaert, Boudewijn and De Geest, Gerrit (eds.), Encyclopedia of Law and Economics, Volume I. The History and Methodology of Law and Economics, Cheltenham, Edward Elgar, 2000, 1094 p.ISBN 1 85898 984 1 0. General Works, History and Methodology

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9 hours ago

1. Most traditional theories of jurisprudence look to uncover the essential or definitive aspects of the institution of law. Two of the most influential are Legal Positivism and Dworkin’s Law as Integrity. While these two differ as to their definition of law and legal reasoning, they agree upon some basic central assumptions, determining the conclusions that two philosophical investigations with largely the same aims, can reach. Because of this it is important to acknowledge some of the assumptions that are held in common by these jurisprudential stances. First, both theories agree upon the conceptual nature of jurisprudence. Both agree that it is important for a philosophical theory of lawto define the core aspects of proper legal practice in order to fulfill the function of philosophical jurisprudence. In fact, much philosophical discussion of law assumes that such a characterization is the essential aim of jurisprudence. Second in order to arrive at a properly analyzed concept of la...

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8 hours ago This new edition of the acclaimed Encyclopedia of Law and Economics presents a state-of-the-art overview of the literature in the area of • Free-flowing XML text optimised for on-screen use Elgaronline 978 1 78254 745 7 • Price available on request. The Encyclopedia will also be available as 12 print volumes.

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8 hours ago Law and Economics. BIBLIOGRAPHY. Since the 1970s, a new approach to the analysis of law has developed. Known as law and economics, its focus is on identifying the effects of legal rules.Law and economics addresses questions like these: What is the effect on the number of automobile accidents of legal rules that hold negligent drivers responsible for …

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9 hours ago The purpose of this volume. Labor and Employment Law and Economics is one of the first separate and subject-specific volumes of Edward Elgar Publishing’s Encyclopedia of Law and Economics.Like its parent publication (Bouckaert and DeGeest 2000), this volume offers a comprehensive collection of chapters surveying the law and economics literature.. Unlike the …

Estimated Reading Time: 11 mins

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6 hours ago Modern law and economics dates from about 1960, when Ronald Coase (who later received a Nobel Prize) published “The Problem of Social Cost.” Gordon Tullock and Friedrich Hayek also wrote in the area, but the expansion of the field began with Gary Becker ’s 1968 paper on crime (Becker also received a Nobel Prize). In 1972, Richard Posner, a law and economics scholar …

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4 hours ago

1. Economic analysis of law deploys the tools of micro-economic theory tostudy legal rules and institutions. The various approaches andprojects within economic analysis of law thus share a common core.That core consists of the conception of rational action at the centerof micro-economic theory.[1] Rational action in economics means that each agent acts to maximizeher “preferences” in whatever environment she findsherself. A preferenceis a ranking of the elements in herdomain of preference. The a...
2. Posner [1973] made two claims that have usually defined the debatearound the philosophical foundations of economic analysis of law. Thefirst claim, often called the positive claim, asserts thatcommon law legal rules are, in fact, efficient. The second claim,often called the normativeclaim, asserts that common lawlegal rules ought to be efficient. In both claims, Posner understood“efficiency” to mean the maximization of the socialwillingness-to-pay but subsequent authors have sometimes used th...
3. The vast literature of economic analysis of law is not easilycharacterized. As the set of distinct claims suggests, the literaturecontains a large number of different projects. For purposes of thisessay, I identify three distinct strands of thought within economicanalysis of law. A large percentage, but not all, of the literature ineconomic analysis of law falls within one of these three strands. Ishall call one strand policy analysis, the second strandpolitical economy and the third strand d...

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6 hours ago Coase, R.H. 1977 Advertising and Free Speech. Journal of Legal Studies 6:1–34. Conference 1975 Economic Analysis of Political Behavior. Journal of Law and Economics 18:587–918. Easterbrook, Frank H. 1984 Foreword: The Court and the Economic System. Harvard Law Review 98:1–60. Epstein, Richard A. 1985 Takings. Cambridge, Mass.: Harvard

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7 hours ago The Encyclopedia of Law and Economics is a monumental reference work that surveys the entire literature on law and economics in over 3,000 pages. The entries consist of two elements: a review of the literature written by an authority in the field and a bibliography which covers most of the published material in the particular area.

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6 hours ago The Encyclopedia of Law and Economics is an ambitious reference work that attempts to survey the whole law and economics literature in nearly 5,000 pages. Most entries contain two elements: a review of the literature, written by an authority in the field, and a quasi complete bibliography (not just a selection).

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Just Now This new edition of the acclaimed Encyclopedia of Law and Economics presents a state-of-the-art overview of the literature in the area of law and economics. The series comprises twelve self-contained volumes, each providing a balanced and comprehensive summary of the following domains: criminal law, regulation, methodology of law, property law, intellectual property law, …

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8 hours ago The Encyclopedia provides balanced and comprehensive coverage of the major domain in law and economics, including: criminal law, regulation, property law, contract law, tort law, labor and employment law, antitrust law, procedural law, and the production of legal rules.

Estimated Reading Time: 10 mins

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1 hours ago The series comprises twelve self-contained volumes (3 are forthcoming), each providing a balanced and comprehensive summary of the following domains: criminal law, regulation, methodology of law, property law, intellectual property law, contract law, tort law, labor and employment law, antitrust law, corporate law, procedural law, and the

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1 hours ago Positive economic analysis of law – Positive analysis of law seeks to understand how the behaviour of the people is affected by incentives created by the law. The law uses fines, penalties, and many other measures to price the various forms of human behaviour.

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3 hours ago 0200 History of Law and Economics 69 3. The First Wave Such an understanding was the ambition of what may be called the first wave of law and economics. This movement, if indeed it may be properly called that, given the relative heterogeneity of viewpoints, was European in origin, but reached the United States through the (older

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6 hours ago Downloadable! The Encyclopedia of Law and Economics is a monumental reference work that surveys the entire literature on law and economics in over 3,000 pages. The entries consist of two elements: a review of the literature written by an authority in the field and a bibliography which covers most of the published material in the particular area.

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4 hours ago The Encyclopedia of Law and Economics is a monumental reference work that surveys the entire literature on law and economics in over 3,000 pages. The entries consist of two elements: a review of the literature written by an authority in the field and a bibliography which covers most of the published material in the particular area.

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5 hours ago Encyclopedia of Law & Economics - 0660 Critical Legal Studies and Law & Economics. and and and and and and and and and and and and , , in Frech, H. E. (ed.), Regulating Doctors' Fees: Competition, Benefits, and Controls under Medicare , Washington, DC, American Enterprise Institute. Abel, Richard L. (1982), 'A Socialist Approach to Risk', 41

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Just Now EconomicsThe methodology of economics [1]The functions of an economic system [2]Money, income, and the price level [3]Subfields of economics [4]Organization and growth of the profession [5]BIBLIOGRAPHY [6]References to specific topics in economics will be found throughout this article.

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7 hours ago Regulation Legal Form and Economic Theory (Oxford, Hart Publishing 2004), pp. 29-54. [This section will be available on Google drive. The 1994 version of the book is available in the library]. Johan A. den Hertog, “Economic Theories of Regulation,” in . Regulation and Economics, Vol. 9, Encyclopedia of Law and Economics, 2. nd

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7 hours ago Law and economics or economic analysis of law is the application of economic theory (specifically microeconomic theory) to the analysis of law that began mostly with scholars from the Chicago school of economics.Economic concepts are used to explain the effects of laws, to assess which legal rules are economically efficient, and to predict which legal rules will be …

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8 hours ago Ludwig von Mises was one of the last members of the original austrian school of economics. He earned his doctorate in law and economics from the University of Vienna in 1906. One of his best works, The Theory of Money and Credit, was published in 1912 and was used as a money and banking textbook for

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1 hours ago Law and Economics in a Nutshell. Call Number: K487.E3 H37 2016. Provides an introduction to many of the fundamental concepts of Law & Economics including basic price theory, efficiency, the Coase Theorem, and applications of Law & Economics principles to torts, criminal law, regulation, antitrust, and intellectual property.

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4 hours ago Notes to. The Economic Analysis of Law. 1. With the rise of behavioral economics, it may no longer be appropriate to place rationality at the core of economics. Rationality, however, still plays a central role in economics as behavioral economics typically considers at least some actors in a market rational. 2.

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5 hours ago The Encyclopedia of Law and Economics covers the broad area of the economic impact of legal structures; the print version is almost 5000 pages of literature reviews and bibliographies. Major section headings include: General Works, History and Methodology; Private Property; Common Property and Regulation of the Environment; Tort Law & Unjust Enrichment; General …

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9 hours ago Nicholas Mercuro is Professor of Law in Residence at Michigan State University College of Law and a faculty member of James Madison College. He has authored or edited seven books and is the founder and coeditor of the book series The Economics of Legal Relationships.Steven G. Medema, Professor of Economics at the University of Colorado at …

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9 hours ago Law & Economics, with its positive economic analysis, seeks to explain the behaviour of legislators, prosecutors, judges, and bureaucrats. The model of rational choice, which underlies much of modern economics, proved to be very useful for explaining (and predicting) how people act under various legal constraints.

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6 hours ago

1. The intuition behind the law of one price is based on the assumption that differences between prices are eliminated by market participants taking advantage of arbitrage opportunities.[additional citation(s) needed]

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9 hours ago

1. The concept “Law of One Price” relates to the impact of market arbitrage and trade on the prices of identical commodities that are exchanged in two or more markets. In an efficient market there must be, in effect, only one price of such commodities regardless of where they are traded. The “law” can also be applied to factor markets, as is briefly noted in the concluding section. The intellectual history of the concept can be traced back to economists active in France in the 1760-70’s, which applied the “law” to markets involved in international trade. Most of the modern literature also tends to discuss the “law” in that context. However, since transport and transaction costs are positive the law of one price must be re-formulated when applied to spatial trade. Let us first look at a case with two markets which are trading, say, wheat but with wheat going in one direction only, from Chicago to Liverpool, as has been the case since the 1850’s. In this case the price difference between...

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7 hours ago Buy Encyclopedia of Law and Economics, Volumes I–V by Bouckaert, Boudewijn, De Geest, Gerrit (ISBN: 9781858985657) from Amazon's Book Store. Everyday low prices and free delivery on eligible orders.

Author: Gerrit De Geest
Format: Hardcover

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2 hours ago Encyclopedia of Law and Economics by Boudewijn Bouckaert (Editor); Gerrit De Geest (Editor); Richard A. Posner (Foreword by) The Encyclopedia of Law and Economics is a monumental reference work that surveys the entire literature on law and economics in over 3,000 pages. The entries consist of two elements: a review of the literature written by an …

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1 hours ago Economic theory says that the price of something will tend toward a point where the quantity demanded is equal to the quantity supplied. This price is known as the market-clearing price, because it “clears away” any excess supply or excess demand. Market clearing is based on the famous law of supply and demand.

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5 hours ago A price is the (usually not negative) quantity of payment or compensation given by one party to another in return for one unit of goods or services.In some situation, the price of production has a different name. If the product is a "good" in the commercial exchange, the payment for this product will likely be called its "price".

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6 hours ago Law and economics is a school of legal thought that focuses on ensuring that legal processes produce the most efficient allocation of resources, rather than giving the enforcement of rights the highest priority. Individuals included under this category are noted for their theories or application of a law and economics perspective.

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3 hours ago In his Essay on the Influence of a Low Price of Corn on the Profits of Stock (1815), Ricardo articulated what came to be known as the law of diminishing marginal returns. One of the most famous laws of economics, it holds that as more and more resources are combined in production with a fixed resource—for example, as more labor and machinery are used on a fixed amount …

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4 hours ago Western legal tradition. The rule of law means that government can act only through legal rules and that law checks the power of government. [p. 1330 ↓ ] Translated into modern terms, the two key components of the rule of law are due process of law and constitutional judicial review.

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5 hours ago The goal of this essay is to determine how – and to what extent – law and economics can be normative, namely inform policymakers about which legal rules are desirable for society.

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2 hours ago Fair-Trade Laws: State statutes enacted in the first half of the twentieth century permitting manufacturers to set minimum, maximum, or actual selling prices for their products, and thus to prevent retailers from selling products at very low prices. Manufacturers have an interest in establishing and maintaining good will toward their products.

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5 hours ago free trade economic exchange between states without tariff or other restrictions. This first became a major issue in 18th-century Europe when states were still enforcing mercantilist policies through international monopolies of trading arrangements and protection of their economies from goods from outside. Increasingly, pressure came from some countries, and then from …

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2 hours ago Origins of Law and Economics provides a first-class pedigree that will be of use to practitioners of the new institutional economics who want to broaden and enrich contemporary debate. This is a carefully structured, well-researched book that will find a role in contemporary debate.

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5 hours ago Pages in category "Law and economics scholars" The following 38 pages are in this category, out of 38 total. This list may not reflect recent changes ().

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1 hours ago According to the law of demand, demand decreases as the price rises. In a perfectly competitive economy, the combination of the upward-sloping supply curve and the downward-sloping demand curve yields a supply and demand schedule that, at the intersection of the two curves, reveals the equilibrium price of an item.

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Frequently Asked Questions

What is lawlaw and economics?

Law and economics offers a framework with which to model legal outcomes, and common objectives with which to unify disparate areas of legal activity.

What is an example of the law of one price?

International.There is a basic principle in economics called "the law of one price". This states that identical goods should have identical prices. For example, an ounce of silver should cost the same in the New York and Paris, otherwise silver would flow from one city to the other.

What is the typical economic analysis of law?

The typical economic analysis of law does not set its task within the framework of a general legal theory. Rather, it addresses a specific question about the causes or consequences or social value of a specific legal rule or set of legal rules.

What is the second edition of the encyclopedia?

The second, expanded edition of the acclaimed Encyclopedia represents a major update of the most authoritative reference work in the field of law and economics and the nine print volumes are now released online as a single integrated product.

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