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Table Of Contents

THE AUTHOR
SUMMARY
1 INTRODUCTION
‘A harmful disciplinary divide’
Box 1 Law without economics – ‘a deadly combination’
The economic approach to law
Outline of the book
2 A SHORT HISTORY
Disciplinary divides
The development of the economic approach
Ex post versus ex ante
3 LAW AS AN INCENTIVE SYSTEM
Rent control and all that
Assumption of economic rationality
Box 2 Did economics create humans?
Economists do it with models
Positive versus normative economics
Empirical analysis
Law without ethics13
Summing up
Costs and benefits
Coasian economics
Implications of opportunity cost analysis
The roles of the economist
5 SOME LEGAL APPLICATIONS
Personal injury damages
The economics of crime
Defining legal terms
Box 3 Economic application of the Hand Test
6 COMPETITION LAW
The rise of the economic approach
Box 4 Adam Smith in court
Why do we need competition law?
Box 5 The economic costs of monopoly and rent-seeking
Box 6 Pizza – a ssnip at the price?
Efficiency: goal, defence or offence?
Antitrust and the new economy
The danger of ‘nip and tuck’ economics
Assessment
7 REGULATION
Models of regulation
Regulation as a barrier to competition
Adaptive responses to regulation
Economics of legal rules
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The Economics of Law

The Economics of Law

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Published by: Robert K. Rajczewski on Oct 25, 2011
Copyright:Attribution Non-commercial

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12/05/2012

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