ENGLISH

Theoretical Foundations of Law and Economics

By Mark D. White

Book information

Publisher
Cambridge University Press
Year
2008
ISBN
0521889553, 9780521889551, 9780511465475
LCC
K487.E3 T454 2009
Open Library ID
OL19890229M
Language
english
Format
PDF
Filesize
3 MB (2623143 bytes)
Pages
304\304
Library
avaxhome.ws
Scanned
yes
Time added
2010-05-31 15:29:46

Description

The economic approach to law, or ''law and economics,'' is by far the most successful application of basic economic principles to another scholarly field, but most of the critical appraisal of the field has been scattered among law reviews and economics journals. Theoretical Foundations of Law and Economics is the first original, book-length examination of the methodology and philosophy of law and economics, featuring new essays written by leading legal scholars, philosophers, and economists. The contributors take issue with many of the key tenets of the economic approach to law, such as its assumption of rational behavior, its reliance on market analogies, and its adoption of efficiency as the primary goal of legal decision-making. They discuss the relevance of economics to the law in general, as well as to substantive areas of the law, such as contracts, torts, and crime.

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