Hidden Bibliographic Details
Other authors / contributors: | Polinsky, A. Mitchell.
Shavell, Steven, 1946-
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ISBN: | 9780080554242 0080554245 9780444512352 0444512357
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Notes: | Includes bibliographical references and indexes. Print version record.
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Summary: | Law can be viewed as a body of rules and legal sanctions that channel behavior in socially desirable directions - for example, by encouraging individuals to take proper precautions to prevent accidents or by discouraging competitors from colluding to raise prices. The incentives created by the legal system are thus a natural subject of study by economists. Moreover, given the importance of law to the welfare of societies, the economic analysis of law merits prominent treatment as a subdiscipline of economics. Our hope is that this two volume Handbook will foster the study of the legal system by economists. *The two volumes form a comprehensive and accessible survey of the current state of the field. *Chapters prepared by leading specialists of the area. *Summarizes received results as well as new developments.
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Other form: | Print version: Handbook of law and economics. Volume 1. Amsterdam ; London : Elsevier, 2007 9780444512352 0444512357
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