Economic principles of law /
An analysis of how economic concepts can be used to examine and criticise the law.
Clasificación: | Libro Electrónico |
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Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Cambridge ; New York :
Cambridge University Press,
2007.
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Temas: | |
Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Cover
- Half-title
- Title
- Copyright
- Dedication
- Contents
- Figures
- Tables
- Preface
- Table of cases
- Chapter 1 Introduction
- a short history of law and economics
- legal vs economic reasoning
- the common law
- Structure of the common law
- Why would the common law be efficient?
- further topics and reading
- Chapter 2 The economic approach
- choice and scarcity
- Economic rationality
- Incentive analysis
- benefits and costs
- Benefits: willingness to pay (WTP)
- Valuing intangibles
- Costs as lost opportunities
- Costs vs transfers
- Time value of money: discounting and interest
- Risk and uncertainty
- economic efficiency
- Three qualifications
- markets
- market failure
- Monopoly
- Externality
- Public good
- Asymmetric information
- the coase theorem
- The Theorem explained
- Endowment effects
- Transactions costs
- Ten Coasean tenets
- one view of the common law
- further topics and reading
- Chapter 3 Property
- property rights theory
- The case for property
- The economics of property rights
- Property as a bundle of rights
- Exclusivity
- Transferability
- Appropriability
- Divisibility
- common property
- Tragedy of the commons
- creation of property rights
- the role of property law
- intellectual property rights
- adverse possession
- transfer of title
- economics of incompatible property use
- Nuisance bargains
- Bargaining failure
- Where bargaining is not possible
- Summary
- nuisance
- Legal position
- Physical vs amenity loss
- The reasonableness test
- coming to the nuisance65
- remedies
- Legal position
- Economics of damages
- Injunctions
- trespass
- riparian rights
- further topics and reading
- Chapter 4 Contract
- the law
- the economic framework
- The economics of contracts
- Types of contract and contract problems
- the economics of contract law
- The basics
- Contract law as gap filling
- Economic functions
- sale of goods
- Basics of market transactions
- Market sanctions
- Warranties
- Standard form contracts
- The lost volume 8216;puzzle
- consideration
- Consideration in law
- The pre-existing duty rule
- Unilateral promises
- disclosure and mistake
- Economics of information
- Pre-contractual disclosure
- Mistake
- remoteness
- frustration
- duress
- economics of remedies
- The basics
- Specific performance
- Types of damages
- Efficient breach
- Efficient reliance
- cost of cure/completion
- liquidated damages, penalties and deposits
- non-pecuniary damages
- unjust enrichment
- mitigation
- relational contracts
- contracts and competition
- further topics and reading
- Chapter 5 Tort
- objectives
- tort as contract
- negligence principles
- Hand test
- economics of liability
- Joint care
- The activity test
- reasonable man standard
- Custom
- Special skill
- Minors
- Errors and compliance
- contributory negligence
- T$238.