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  • 1
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    Handbook of law and economics; Volume 1 / (2007)
    Amsterdam ; : North-Holland,
    Details
    UID:
    almahu_9947367683902882
    Umfang: 1 online resource (887 p.)
    Ausgabe: 1st ed.
    ISBN: 1-281-07110-2 , 9786611071103 , 0-08-055424-5
    Serie: Handbooks in economics, 27
    Inhalt: 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 syste
    Anmerkung: Description based upon print version of record. , pt. I. Primary elements of the legal system -- pt. II. Additional areas of the legal system. , English
    Weitere Ausg.: ISBN 0-444-51235-7
    Sprache: Englisch
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  • 2
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    Chapter 11 International Law (2007)
    Dazugehörige Titel
    Details
    UID:
    gbv_183163208X
    ISBN: 9780080554242
    Inhalt: This chapter reviews and synthesizes the work of economists and law and economics scholars in the field of public international law. The bulk of that work has been in the area of international trade, but many of the ideas in the trade literature have implications for other subfields. Recent years have seen a significant increase in research on other topics as well. The paper begins with a general framework for thinking about the positive and normative economics of public international law, and then proceeds to a treatment of specific topics including customary law, strategic alliances and the laws of war, international trade, international investment, international antitrust, human rights law, conflicts of law, and the international commons (fisheries).
    In: Handbook of law and economics, Amsterdam : Elsevier, 2007, (2007), Seite 757-826, 9780080554242
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    In: year:2007
    In: pages:757-826
    Sprache: Englisch
    DOI: 10.1016/S1574-0730(07)01011-0
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 3
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    Chapter 7 Empirical Study of Criminal Punishment (2007)
    Dazugehörige Titel
    Details
    UID:
    gbv_1831632128
    ISBN: 9780080554242
    Inhalt: This chapter reviews empirical studies of criminal punishment and the criminal justice system by economists. Since the modern exposition of the economic model of criminal behavior, empirical economists have tested its predictions using variation in expected criminal punishments. In the past decade, empirical economists have made substantial progress in identifying the effects of punishment on crime by finding new ways to break the simultaneity of crime rates and punishments. The new empirical evidence generally supports the deterrence model but shows that incapacitation influences crime rates, too. Evidence of the crime-reducing effect of the scale of policing and incarceration is consistent across different methodological approaches. Estimates of the deterrent effect of other penalties, such as capital punishment, are less robust and suggest that claims of large effects from these policies may be spurious. More work is needed to assess the relative importance of deterrence and incapacitation. Empirical economists have made less progress in studying the criminal justice system itself. Data availability constrains the economists' ability to resolve the simultaneity of criminal justice institutions and crime rates, and this limitation hampers rigorous empirical investigation of the incentive effects of numerous criminal justice institutions and procedures. This area remains an important avenue for future empirical research.
    In: Handbook of law and economics, Amsterdam : Elsevier, 2007, (2007), Seite 455-495, 9780080554242
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    In: pages:455-495
    Sprache: Englisch
    DOI: 10.1016/S1574-0730(07)01007-9
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 4
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    Chapter 9 Regulation of Health, Safety, and Environmental Risks (2007)
    Dazugehörige Titel
    Details
    UID:
    gbv_1831632101
    ISBN: 9780080554242
    Inhalt: This paper provides a systematic review of the economic analysis of health, safety, and environmental regulations. Although the market failures that give rise to a rationale for intervention are well known, not all market failures imply that market risk levels are too great. Hazard warnings policies often can address informational failures. Some market failures may be exacerbated by government policies, particularly those embodying conservative risk assessment practices. Labor market estimates of the value of statistical life provide a useful reference point for the efficient risk tradeoffs for government regulation. Guided by restrictive legislative mandates, regulatory policies often strike a quite different balance with an inordinately high cost per life saved. The risk-risk analysis methodology enables analysts to assess the net safety implications of policy efforts. Inadequate regulatory enforcement and behavioral responses to regulation may limit their effectiveness, while rising societal wealth will continue to generate greater levels of health and safety.
    In: Handbook of law and economics, Amsterdam : Elsevier, 2007, (2007), Seite 591-645, 9780080554242
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    In: year:2007
    In: pages:591-645
    Sprache: Englisch
    DOI: 10.1016/S1574-0730(07)01009-2
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 5
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    Chapter 5 Empirical Study of the Civil Justice System (2007)
    Dazugehörige Titel
    Details
    UID:
    gbv_1831632144
    ISBN: 9780080554242
    Inhalt: In this essay, we discuss empirical research on the economic effects of the civil justice system. We discuss research on the effects of three substantive bodies of law—contracts, torts, and property—and research on the effects of the litigation process. We begin with a review of studies of aggregate empirical trends and the important issues involving contracts and torts, both positive and normative. We survey some of the more interesting empirical issues, and we conclude with some suggestions for future work. Because studies involving property law are so divergent, there is no simple description of aggregates that adequately characterizes the subject. In its place, we offer an overview of a number of the most important issues of interest. We describe (selectively) the current state of empirical knowledge, and offer some suggestions for future work. The section on legal process builds on the previous substantive sections. With respect each of the steps, from violation to trial to appeal, we review some of the more important empirical contributions.
    In: Handbook of law and economics, Amsterdam : Elsevier, 2007, (2007), Seite 343-402, 9780080554242
    In: 0080554245
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    In: 0444512357
    In: year:2007
    In: pages:343-402
    Sprache: Englisch
    DOI: 10.1016/S1574-0730(07)01005-5
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 6
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    Chapter 10 Taxation (2007)
    Dazugehörige Titel
    Details
    UID:
    gbv_1831632098
    ISBN: 9780080554242
    Inhalt: This Handbook entry presents a conceptual, normative overview of the subject of taxation. It emphasizes the relationships among the main functions of taxation—notably, raising revenue, redistributing income, and correcting externalities—and the mapping between these functions and various forms of taxation. Different types of taxation as well as expenditures on transfers and public goods are each integrated into a common optimal tax framework with the income tax and commodity taxes at the core. Additional topics addressed include a range of dynamic issues, the unit of taxation, tax administration and enforcement, and tax equity.
    In: Handbook of law and economics, Amsterdam : Elsevier, 2007, (2007), Seite 647-755, 9780080554242
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    In: year:2007
    In: pages:647-755
    Sprache: Englisch
    DOI: 10.1016/S1574-0730(07)01010-9
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 7
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    Chapter 4 Litigation (2007)
    Dazugehörige Titel
    Details
    UID:
    gbv_1831632152
    ISBN: 9780080554242
    Inhalt: The purpose of this chapter is to survey the academic literature on the economics of litigation and to synthesize its main themes. The chapter begins by introducing the basic economic framework for studying litigation and out-of-court settlement. One set of issues addressed is positive (or descriptive) in nature. Under what conditions will someone decide to file suit? What determines how much is spent on a lawsuit? When do cases settle out of court? Important normative issues are also addressed. Are the litigation decisions made by private parties in the interest of society as a whole? Next, the chapter surveys some of the more active areas in the litigation literature. Topics include rules of evidence, loser-pays rules, appeals, contingent fees for attorneys, alternative dispute resolution, class actions, and plea bargaining.
    In: Handbook of law and economics, Amsterdam : Elsevier, 2007, (2007), Seite 259-342, 9780080554242
    In: 0080554245
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    In: year:2007
    In: pages:259-342
    Sprache: Englisch
    DOI: 10.1016/S1574-0730(07)01004-3
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 8
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    Chapter 6 The Theory of Public Enforcement of Law (2007)
    Dazugehörige Titel
    Details
    UID:
    gbv_1831632136
    ISBN: 9780080554242
    Inhalt: This chapter surveys the theory of the public enforcement of law—the use of governmental agents (regulators, inspectors, tax auditors, police, prosecutors) to detect and to sanction violators of legal rules. The theoretical core of the analysis addresses the following basic questions: Should the form of the sanction imposed on a liable party be a fine, an imprisonment term, or a combination of the two? Should the rule of liability be strict or fault-based? If violators are caught only with a probability, how should the level of the sanction be adjusted? How much of society's resources should be devoted to apprehending violators? A variety of extensions of the central theory are then examined, including: activity level; errors; the costs of imposing fines; general enforcement; marginal deterrence; the principal-agent relationship; settlements; self-reporting; repeat offenders; imperfect knowledge about the probability and magnitude of sanctions; corruption; incapacitation; costly observation of wealth; social norms; and the fairness of sanctions.
    In: Handbook of law and economics, Amsterdam : Elsevier, 2007, (2007), Seite 403-454, 9780080554242
    In: 0080554245
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    In: year:2007
    In: pages:403-454
    Sprache: Englisch
    DOI: 10.1016/S1574-0730(07)01006-7
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 9
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    Chapter 1 Contract Law (2007)
    Dazugehörige Titel
    Details
    UID:
    gbv_1831632187
    ISBN: 9780080554242
    Inhalt: This chapter surveys major issues arising in the economic analysis of contract law. It begins with an introductory discussion of scope and methodology, and then addresses four main topics that correspond to the major doctrinal divisions of the law of contracts. These divisions include freedom of contract (the extent of private power to create binding obligations), formation of contracts (the procedural mechanics of exchange, and the rules that govern pre-contractual behavior), contract interpretation (the consequences that follow when agreements are ambiguous or incomplete), and enforcement of contractual obligations (the choice between private and public enforcement, and the legal remedies that follow from breach of contract). In each of these sections, we provide an economic analysis of relevant legal rules and institutions, and of the connections between legal arrangements and corresponding topics in microeconomic theory, such as welfare economics and the theory of contracts.
    In: Handbook of law and economics, Amsterdam : Elsevier, 2007, (2007), Seite 3-138, 9780080554242
    In: 0080554245
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    In: year:2007
    In: pages:3-138
    Sprache: Englisch
    DOI: 10.1016/S1574-0730(07)01001-8
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 10
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    Introduction to the Series (2007)
    Dazugehörige Titel
    Details
    UID:
    gbv_1831632071
    ISBN: 9780080554242
    Inhalt: The series Handbooks in Economics produce books for various branches of economics, each of which is a definitive source, reference, and teaching supplement for use by professional researchers and advanced graduate students. Each book provides self-contained surveys of the current state of a branch of economics in the form of chapters prepared by leading specialists on various aspects of this branch of economics. These surveys summarize not only received results but also newer developments, from recent journal articles and discussion papers. Some original material is also included, but the main goal is to provide comprehensive and accessible surveys.
    In: Handbook of law and economics, Amsterdam : Elsevier, 2007, (2007), Seite v, 9780080554242
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    In: pages:v
    Sprache: Englisch
    DOI: 10.1016/S1574-0730(07)01012-2
    URL: Volltext  (Deutschlandweit zugänglich)
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