Law and Economics: an Introductory Analysis

Description

This second edition takes into account the major developments in economics and jurisprudence that have occurred since the publication of the first edition. A new chapter has been added on anti-discrimination law and such topics as adverse possession, rent control, medical malpractice, product reliability, and defense against criminal prosecution have been reexamined in the light of new theoretical developments and case studies. Environmental law and a careful comparison of alternative methods to control the environment are included.;Front Cover; Law and Economics: An Introductory Analysis; Copyright Page; Dedication; Table of Contents; PREFACE TO SECOND EDITION; PREFACE; CHAPTER 1. INTRODUCTION; NATURE AND ORIGIN OF LAWS; THE INTERFACE BETWEEN LAW AND ECONOMICS; WHERE LAW AND ECONOMICS MIGHT NOT MEET; ENTITLEMENTS AND EXTERNALITIES AND THE ROLE OF THE LAW; CHAPTER 2. PROPERTY LAW'S BASIC LEGAL PREMISES; INTRODUCTION; DEFINING RIGHTS AND ENTITLEMENTS TO PROPERTY; PERMANENT TRANSFER OF RIGHTS AND ENTITLEMENTS; TEMPORARY TRANSFER OF RIGHTS AND ENTITLEMENTS; LAND USE PLANNING AND DEVELOPMENT; CONCLUSION. Front Cover Law and Economics: An Introductory Analysis Copyright Page Dedication Table of Contents PREFACE TO SECOND EDITION PREFACE CHAPTER 1. INTRODUCTION NATURE AND ORIGIN OF LAWS THE INTERFACE BETWEEN LAW AND ECONOMICS WHERE LAW AND ECONOMICS MIGHT NOT MEET ENTITLEMENTS AND EXTERNALITIES AND THE ROLE OF THE LAW CHAPTER 2. PROPERTY LAW'S BASIC LEGAL PREMISES INTRODUCTION DEFINING RIGHTS AND ENTITLEMENTS TO PROPERTY PERMANENT TRANSFER OF RIGHTS AND ENTITLEMENTS TEMPORARY TRANSFER OF RIGHTS AND ENTITLEMENTS LAND USE PLANNING AND DEVELOPMENT CONCLUSION. Chapter 3. economic analysis of landlord-tenant lawsintroduction habitability laws rent control laws just-cause eviction laws housing subsidy laws conclusion chapter 4. economic analysis of zoning laws introduction residential-commercial-industrial zoning ordinances exclusionary zoning inclusionary zoning zoning as a taking? conclusion chapter 5. contract law introduction the basic legal premises of contract law economic considerations of contract law conclusion chapter 6. tort law's basic legal premises introduction what is a tort? negligence duty proximate cause. Defensesliability rules-introductory classification the rule of contributory negligence the rule of comparative negligence the rule of strict liability damages trends in tort law conclusion chapter 7. economic analysis of tort law introduction economic analysis of medical malpractice effects of liability standards some economic considerations of product liability economic analysis of accident law reexamination of the learned hand formula within a welfare framework sovereign immunity rules for assigning liability for litigation costs conclusion chapter 8. criminal law. Introductionbasic legal premises of criminal law economic analysis of criminal law econometric estimates of crime deterrence conclusion chapter 9. environmental law introduction environmental externalities, property rights, and entitlements: some theoretical considerations court-made environmental law the fee-tax alternative ex ante tax alternatives the subsidy alternative the regulatory alternative government-facilitated internalization requiring no revenue publicly negotiated settlement government-facilitated internalization financed through general taxes. Comparing alternativesconclusion chapter 10. antimonopoly law introduction the economic incentive to monopolize markets ways to monopolize markets: many roads lead to rome a brief outline of antimonopoly acts horizontal mergers and joint operating agreements cartels price discrimination foreclosing entry through vertical integration and advertising government-induced price fixing and foreclosure remedies conclusion chapter 11. discrimination law introduction employment discrimination law housing discrimination law age discrimination law conclusion index.