Download or read book The Empirical Revolution in Law and Economics written by Jonathan Klick and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the inaugural lecture given by Jonathan Klick on accepting the Erasmus Chair in Empirical Legal Studies. Klick's lecture describes research data collected from US journals on law and economics beginning in 1958 and ending in Fall 2010. Klick concludes that there are several impediments to empirical work in Europe, such as data limitations and lack of systematic training.
Download or read book Empirical Law and Economics written by Jonah B. Gelbach and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Empirical work has grown in importance in law and economics. This growth coincides with improvements in research designs in empirical microeconomics more generally. In this essay, we provide a stylized discussion of some trends over the last two or three decades, linking the credibility revolution in empirical micro to the ascendancy of empirical work in law and economics. We then provide some methodological observations about a number of commonly used approaches to estimating policy effects. The literature on the economics of crime and criminal procedure illustrates the ways in which many of these techniques have been used successfully. Other fields, including corporate law and economics and the law and economics of civil procedure, have lagged behind in methodological terms.
Download or read book Law and Economics written by Robert Cooter and published by Addison Wesley Publishing Company. This book was released on 2000 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides students with a method for applying economic analysis to the study of legal rules and institutions. Four key areas of law are covered: property; contracts; torts; and crime and punishment. Added examples and cases help to clarify economic applications further.
Download or read book Law and Economics written by Werner Zvi Hirsch and published by . This book was released on 1979 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the publication of the second edition of Law and Economics in 1988, there have been major developments in economics, jurisprudence, and in the field of law and economics. These changes are reflected in the updated and improved Third Edition. About 30% of the material in the new edition is different. The reader will find that the book incorporates recent scholarly contributions and court rulings on, for example, the Takings Clause of the constitution, the high-tech communication revolution in determining what constitutes a legal contract, no-fault insurance and its economic effects, and empirical cost-benefit analysis of environmental laws. Moreover, attention is paid to recent developments in anti-monopoly law as applied to high-tech information and communication firms. Students in management, policy, law, economics, and business programs, as well as law professionals, find the new edition of Law and Economics has kept up with the changing economic and legal climate. Key Features * Features new examinations of the takings clause of the Constitution, contract law, and tort law * Includes new cost-benefit analyses in chapters on criminal law and environmental law * Offers new insights into anti-monopoly laws, especially policies concerning high-tech industries
Download or read book Law Economics and Evolutionary Theory written by Peer Zumbansen and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evolutionary theory belongs to the rare species of theories that are simultaneously fundamental and over-arching, implicating as it does numerous life contexts as well as an array of scholarly disciplines. Armed with a profound grasp of evolutionary theory and its implications to social research, Professors Zumbansen and Calliess have mobilized an appropriately diverse and truly stellar group of academics to investigate how this theory may provide new insights about law, economics, and their inter-relations. Cast against an especially broad intellectual backdrop set by the editors, this volume is sure to become a standard reference in literature. Amir N. Licht, Radzyner School of Law, Israel Zumbansen and Calliess have done a wonderful job in assembling papers from the leading scholars in the field, who draw on evolutionary approaches for explaining developments in both economics and the law. Anybody interested in issues of institutional change will be inspired by the wealth of ideas and the diversity of perspectives. Stefan Voigt, University of Hamburg, Germany Law and economics has arguably become one of the most influential theories in contemporary legal theory and adjudication. The essays in this volume, authored by both legal scholars and economists, constitute lively and critical engagements between law and economics and new institutional economics from the perspectives of legal and evolutionary theory. The result is a fresh look at core concepts in law and economics such as institutions , institutional change and market failure that offer new perspectives on the relationship between economic and legal governance. The increasingly transnational dimension of regulatory governance presents lawyers, economists and social scientists with an unprecedented number of complex analytical and conceptual questions. The contributions to this volume engage with legal theory, new institutional economics, economic sociology and evolutionary economics in an interdisciplinary assessment of the capacities and limits of the state, markets and institutions. Drawing as well upon legal sociology and the philosophy of law, the authors expand and transform the known terrain of law and economics by applying evolutionary theory to both law and economics from a domestic and transnational perspective. Legal scholars, evolutionary and regulatory theorists, economists, economic sociologists, economic historians and political scientists will find this cutting-edge volume both challenging and engaging.
Download or read book Theoretical Foundations of Law and Economics written by Mark D. White and published by Cambridge University Press. This book was released on 2008-12-22 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 is scattered among law reviews and economics journals. Theoretical Foundations of Law and Economics provides an original, book-length examination of the methodology and philosophy of law and economics, featuring 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.
Download or read book The Origins of Law and Economics written by Francesco Parisi and published by Edward Elgar Publishing. This book was released on 2005 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: An intellectual history of law and economics : 1793-2003 / Charles K. Rowley -- Methodological debates in law and economics : the changing contours of a discipline / Francesco Parisi -- The fire of truth : a remembrance of law and economics at Chicago, 1932-1970 / edited by Edmund W. Kitch -- The economic way of looking at behavior / Gary S. Becker -- Cost, choice, and catallaxy : an evaluation of two related but divergent Virginia paradigms / James M. Buchanan -- The pointlessness of Pareto : carrying Coase further / Guido Calabresi -- The relevance of transaction costs in the economic analysis of law / Ronald H. Coase -- The confluence of justice and efficiency in the economic analysis of law / Robert D. Cooter -- Toward a theory of property rights II : the competition between private and collective ownership / Harold Demsetz -- The economist in spite of himself / Richard A. Epstein -- The art of law and economics : an autobiographical essay / William M. Landes -- How law and economics was marketed in a hostile world : a very personal history / Henry G. Manne -- The law and economics movement : from Bentham to Becker / Richard A. Posner -- The rise of law and economics : a memoir of the early years / George L. Priest -- Why was the common law efficient? / Paul H. Rubin -- Law versus morality as regulators of conduct / Steven Shavell -- Journeys across the divides / Michael J. Trebilcock -- The case against the common law / Gordon Tullock -- Why law, economics, and organization? / Oliver E. Williamson.
Download or read book The Oxford Handbook of Law and Economics written by Francesco Parisi and published by Oxford University Press. This book was released on 2017-04-04 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covering over one-hundred topics on issues ranging from Law and Neuroeconomics to European Union Law and Economics to Feminist Theory and Law and Economics, The Oxford Handbook of Law and Economics is the definitive work in the field of law and economics. The book gathers together scholars and experts in law and economics to create the most inclusive and current work on law and economics. Edited by Francisco Parisi, the Handbook looks at the origins of the field of law and economics, tracks its progression and increased importance to both law and economics, and looks to the future of the field and its continued development by examining a cornucopia of fields touched by work in law and economics. The uniqueness of its breadth, depth, and convenience make the volume essential to scholars, students, and contributors in the field of law and economics.
Download or read book Law and Economics written by Aristides N. Hatzis and published by Routledge. This book was released on 2017-06-23 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Law and Economics approach to law dominates the intellectual discussion of nearly every doctrinal area of law in the United States and its influence is growing steadily throughout Europe, Asia, and South America. Numerous academics and practitioners are working in the field with a flow of uninterrupted scholarship that is unprecedented, as is its influence on the law. Academically every major law school in the United States has a Law and Economics program and the emergence of similar programs on other continents continues to accelerate. Despite its phenomenal growth, the area is also the target of an ongoing critique by lawyers, philosophers, psychologists, social scientists, even economists since the late 1970s. While the critique did not seem to impede the development of the field, it certainly has helped it to become more sophisticated, inclusive, and mature. In this volume some of the leading scholars working in the field, as well as a number of those critical of Law and Economics, discuss the foundational issues from various perspectives: philosophical, moral, epistemological, methodological, psychological, political, legal, and social. The philosophical and methodological assumptions of the economic analysis of law are criticized and defended, alternatives are proposed, old and new applications are discussed. The book is ideal for a main or supplementary textbook in courses and seminars on legal theory, philosophy of law, jurisprudence, and (of course) Law and Economics.
Download or read book Methodologies of Law and Economics written by Thomas Ulen and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: When law and economics first became an important part of the legal academy, it was a relatively straightforward application of microeconomic theory to legal issues. However, in the past 40 years the field has expanded its toolkit dramatically. This latest volume in the acclaimed Encyclopedia of Law and Economics maps the methodological territory in law and economics with a series of entries by distinguished scholars. These entries introduce and evaluate the law and economics mechanisms, including: the roles of microeconomic theory, public and social choice, history, complexity theory, philosophy, comparative law studies, behavioral economics and empirical techniques. Each one introduces a methodology, demonstrates its importance to the field of law and economics and assists the reader in navigating the leading literature on that topic. This volume will be an essential reference for all those who research or teach law and economics, law and society or empirical methods in law. Contributors include: N. Garoupa, D. Klerman, M.J. McGinnis, T.J. Miceli, M. Pargendler, D. Roithmayr, H. Spector, M.L. Stearns, T.S. Ulen
Download or read book Behavioral Law and Economics written by Eyal Zamir and published by Oxford University Press. This book was released on 2018 with total page 641 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past few decades, economic analysis of law has been challenged by a growing body of experimental and empirical studies that attest to prevalent and systematic deviations from the assumptions of economic rationality. While the findings on bounded rationality and heuristics and biases were initially perceived as antithetical to standard economic and legal-economic analysis, over time they have been largely integrated into mainstream economic analysis, including economic analysis of law. Moreover, the impact of behavioral insights has long since transcended purely economic analysis of law: in recent years, the behavioral movement has become one of the most influential developments in legal scholarship in general. Behavioral Law and Economics offers a state-of-the-art overview of the field. Eyal Zamir and Doron Teichman survey the entire body of psychological research that lies at the basis of behavioral analysis of law, and critically evaluate the core methodological questions of this area of research. Following this, the book discusses the fundamental normative questions stemming from the psychological findings on bounded rationality, and explores their implications for setting the law's goals and designing the means to attain them. The book then provides a systematic and critical examination of the contributions of behavioral studies to all major fields of law including: property, contracts, consumer protection, torts, corporate, securities regulation, antitrust, administrative, constitutional, international, criminal, and evidence law, as well as to the behavior of key players in the legal arena: litigants and judicial decision-makers.
Download or read book History of Law and Economics written by Henry N. Butler and published by Edward Elgar Publishing. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dedicated to the late Henry G. Manne, this authoritative collection surveys the development of law and economics both as a scholarly field and as an educational program. Starting as a niche area, centered primarily at the University of Chicago, law and economics has grown to be the dominant field in US legal scholarship. The influential articles presented in this volume trace that development from the mid-20th century through to today, focusing on both the personalities who laid the groundwork for the field's success and the intellectual debates that fueled its growth. Together with an original introduction by the editors, this collection is a valuable research tool for academics and students interested in the history of law and economics.
Download or read book Law and Economics written by Werner Z. Hirsch and published by Academic Press. This book was released on 1999-06-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the publication of the second edition of Law and Economics in 1988, there have been major developments in economics, jurisprudence, and in the field of law and economics. These changes are reflected in the updated and improved Third Edition. About 30% of the material in the new edition is different. The reader will find that the book incorporates recent scholarly contributions and court rulings on, for example, the Takings Clause of the constitution, the high-tech communication revolution in determining what constitutes a legal contract, no-fault insurance and its economic effects, and empirical cost-benefit analysis of environmental laws. Moreover, attention is paid to recent developments in anti-monopoly law as applied to high-tech information and communication firms. Students in management, policy, law, economics, and business programs, as well as law professionals, find the new edition of Law and Economics has kept up with the changing economic and legal climate.
Download or read book Myth and Measurement written by David Card and published by Princeton University Press. This book was released on 2015-12-22 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: From David Card, winner of the Nobel Prize in Economics, and Alan Krueger, a provocative challenge to conventional wisdom about the minimum wage David Card and Alan B. Krueger have already made national news with their pathbreaking research on the minimum wage. Here they present a powerful new challenge to the conventional view that higher minimum wages reduce jobs for low-wage workers. In a work that has important implications for public policy as well as for the direction of economic research, the authors put standard economic theory to the test, using data from a series of recent episodes, including the 1992 increase in New Jersey's minimum wage, the 1988 rise in California's minimum wage, and the 1990–91 increases in the federal minimum wage. In each case they present a battery of evidence showing that increases in the minimum wage lead to increases in pay, but no loss in jobs. A distinctive feature of Card and Krueger's research is the use of empirical methods borrowed from the natural sciences, including comparisons between the "treatment" and "control" groups formed when the minimum wage rises for some workers but not for others. In addition, the authors critically reexamine the previous literature on the minimum wage and find that it, too, lacks support for the claim that a higher minimum wage cuts jobs. Finally, the effects of the minimum wage on family earnings, poverty outcomes, and the stock market valuation of low-wage employers are documented. Overall, this book calls into question the standard model of the labor market that has dominated economists' thinking on the minimum wage. In addition, it will shift the terms of the debate on the minimum wage in Washington and in state legislatures throughout the country. With a new preface discussing new data, Myth and Measurement continues to shift the terms of the debate on the minimum wage.
Download or read book Economics of Conflict of Laws written by Erin A. O'Hara and published by Edward Elgar Publishing. This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume I Acknowledgements Introduction Erin O'Hara PART I ECONOMIC AND EMPIRICAL ANALYSIS OF EXISTING APPROACHES A Theoretical Insights 1. William F. Baxter (1963), 'Choice of Law and the Federal System' 2. Larry Kramer (1991), 'On the Need for a Uniform Choice of Law Code' B Empirical Insights 3. Michael E. Solimine (2002), 'The Law and Economics of Conflict of Laws' 4. Patrick J. Borchers (1992), 'The Choice-of-Law Revolution: An Empirical Study' 5. Stuart E. Thiel (2000), 'Choice of Law and the Home-Court Advantage: Evidence' PART II PROPOSALS FOR MORE EFFICIENT CHOICE-OF-LAW SYSTEMS A Alternative Efficiency-based Approaches to Choice of Law 6. Larry Kramer (1990), 'Rethinking Choice of Law' 7. Erin A. O'Hara and Larry E. Ribstein (2000), 'From Politics to Efficiency in Choice of Law' 8. Andrew T. Guzman (2002), 'Choice of Law: New Foundations' 9. Erin Ann O'Hara (2002), 'Economics, Public Choice, and the Perennial Conflict of Laws' 10. Paul B. Stephan (2002), 'The Political Economy of Choice of Law' 11. Andrew T. Guzman (2002), 'Public Choice and International Regulatory Competition' B Choice of Law for Torts 12. Bruce L. Hay (1992), 'Conflicts of Law and State Competition in the Product Liability System' 13. Michael J. Whincop and Mary Keyes (1999), 'The Market Tort in Private International Law' 14. Michael Whincop and Mary Keyes (1998), 'Economic Analysis of Conflict of Laws in Torts Cases: Discrete and Relational Torts' Name Index Volume II Acknowledgements An introduction by the editor to both volumes appears in Volume I PART I CHOICE OF LAW AND FORUM PROVISIONS A Choice-of-Law Clauses 1. Paul B. Stephan (2000), 'Choice of Law and its Consequences: Constitutions for International Transactions' 2. Michael J. Whincop and Mary E. Keyes (1998), 'Statutes' Domains in Private International Law: An Economic Theory of the Limits of Mandatory Rules' 3. Erin Ann O'Hara (2000), 'Opting Out of Regulation: A Public Choice Analysis of Contractual Choice of Law' 4. Larry E. Ribstein (2003), 'From Efficiency to Politics in Contractual Choice of Law' B Choice-of-Forum Provisions 5. Erin Ann O'Hara (2002), 'The Jurisprudence and Politics of Forum-Selection Clauses' PART II CHOICE OF LAW AND JURISDICTIONAL COMPETITON A Securities Regulation 6. Roberta Romano (1998), 'Empowering Investors: A Market Approach to Securities Regulation' B Bankruptcy Rules and Courts 7. Robert K. Rasmussen (2000), 'Resolving Transnational Insolvencies through Private Ordering' C Law Firm Rules of Ethics 8. Larry E. Ribstein (2001), 'Ethical Rules, Law Firm Structure and Choice of Law' D Same-Sex Marriage 9. F.H. Buckley and Larry E. Ribstein (2001), 'Calling a Truce in the Marriage Wars' E Asset-Protection Trusts 10. Stewart E. Sterk (2000), 'Asset Protection Trusts: Trust Law's Race to the Bottom?' PART III JUDGMENT RECOGNITION AND CHOICE OF LAW 11. Michael Whincop (1999), 'The Recognition Scene: Game Theoretic Issues in the Recognition of Foreign Judgments' Name Index.
Download or read book Copyright in the Digital Era written by National Research Council and published by National Academies Press. This book was released on 2013-05-30 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the course of several decades, copyright protection has been expanded and extended through legislative changes occasioned by national and international developments. The content and technology industries affected by copyright and its exceptions, and in some cases balancing the two, have become increasingly important as sources of economic growth, relatively high-paying jobs, and exports. Since the expansion of digital technology in the mid-1990s, they have undergone a technological revolution that has disrupted long-established modes of creating, distributing, and using works ranging from literature and news to film and music to scientific publications and computer software. In the United States and internationally, these disruptive changes have given rise to a strident debate over copyright's proper scope and terms and means of its enforcement-a debate between those who believe the digital revolution is progressively undermining the copyright protection essential to encourage the funding, creation, and distribution of new works and those who believe that enhancements to copyright are inhibiting technological innovation and free expression. Copyright in the Digital Era: Building Evidence for Policy examines a range of questions regarding copyright policy by using a variety of methods, such as case studies, international and sectoral comparisons, and experiments and surveys. This report is especially critical in light of digital age developments that may, for example, change the incentive calculus for various actors in the copyright system, impact the costs of voluntary copyright transactions, pose new enforcement challenges, and change the optimal balance between copyright protection and exceptions.
Download or read book The Oxford Handbook of Financial Regulation written by Niamh Moloney and published by OUP Oxford. This book was released on 2015-08-27 with total page 817 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial system and its regulation have undergone exponential growth and dramatic reform over the last thirty years. This period has witnessed major developments in the nature and intensity of financial markets, as well as repeated cycles of regulatory reform and development, often linked to crisis conditions. The recent financial crisis has led to unparalleled interest in financial regulation from policymakers, economists, legal practitioners, and the academic community, and has prompted large-scale regulatory reform. The Oxford Handbook of Financial Regulation is the first comprehensive, authoritative, and state of the art account of the nature of financial regulation. Written by an international team of leading scholars in the field, it takes a contextual and comparative approach to examine scholarly, policy, and regulatory developments in the past three decades. The first three parts of the Handbook address the underpinning horizontal themes which arise in financial regulation: financial systems and regulation; the organization of financial system regulation, including regional examples from the EU and the US; and the delivery of outcomes and regulatory techniques. The final three Parts address the perennial objectives of financial regulation, widely regarded as the anchors of financial regulation internationally: financial stability, market efficiency, integrity, and transparency; and consumer protection. The Oxford Handbook of Financial Regulation is an invaluable resource for scholars and students of financial regulation, economists, policy-makers and regulators.
