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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
A biblical parable
4 THE ECONOMIC APPROACH
Economics – choice and scarcity
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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