Law and economics: an introductory analysis
This second edition takes into account the major developments in economics and jurisprudence that have occurred since the publication of the first edition. A new chapter has been added on anti-discrimination law and such topics as adverse possession, rent control, medical malpractice, product reliability, and defense against criminal prosecution have been reexamined in the light of new theoretical developments and case studies. Environmental law and a careful comparison of alternative methods to control the environment are included.
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Where Law and Economics Might Not Meet
Permanent Transfer of Rights and Entitlements
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accident activities adverse possession affirmative action allocation antitrust awards benefits blacks breach buyer California caused Coase theorem comparative negligence compensation competition consumer contract law contributory negligence crime criminal damages dead weight loss decisions defendant demand determine deterrent discrimination dwelling Economic Analysis economists effect efficient employer enforcement entitlements example externalities firms function glaucoma habitability laws harm housing services imposed incentives income increase industry injury involved Journal just-cause eviction labor land landlords Law and Economics liability rules litigation malpractice marginal cost medical malpractice ment ordinances output owner parole parties performance person plaintiff police pollution property rights property tax racial rates reasonable reduce relation rent control rental residential restrictions result risk seller social standard strict liability supply Supreme Court tenants theory tion tort law transaction costs United variables victim wage whites zoning