Format:
1 Online-Ressource (x, 507 pages)
ISBN:
9780300145229
,
0300145225
,
1282088513
,
9781282088511
,
0300114591
,
9780300114591
Content:
Is economic efficiency a sound basis upon which to make public policy or legal decisions? In this analysis, Richard Markovits considers the way in which scholars and public decision-makers define, predict, and assess the moral and legal relevance of economic efficiency
Content:
pt. I. The definition of economic efficiency. The correct definition of the impact of a choice on economic (allocative) efficiency ; A critique of the definitions of and tests for economic efficiency that economists and law and economics scholars use -- pt. II. The assessment of economic efficiency. The distortion-analysis approach to economic-efficiency assessment ; Some second-best-theory critiques of canonical allocative-efficiency analyses and of the standard justifications for ignoring second best -- pt. III. The relevance of allocative-efficiency conclusions. The prescriptive-moral and legal relevance of allocative-efficiency conclusions ; A critique of various relevance arguments made by economists and law and economics scholars
Note:
Includes bibliographical references and index
,
English
Additional Edition:
ISBN 9780300114591
Additional Edition:
Erscheint auch als Druck-Ausgabe Markovits, Richard S.; Truth or economics.
Additional Edition:
Erscheint auch als Druck-Ausgabe Markovits, Richard S Truth or economics New Haven, Conn. ; London : Yale University Press, ©2008
Language:
English
URL:
Volltext
(lizenzpflichtig)
Author information:
Markovits, Richard S.
Bookmarklink
