Law and economics, Volume 9
Examines the fundamental principles of our legal system from a public choice perspective and compares its efficiency and accuracy with other systems. It presents in full two controversial works by Gordon Tullock, 'The Logic of the Law' and 'The Case against the Common Law', as well as chapters from his 'Trials on Trial' and other innovative articles. Highly critical of the US common law system, Tullock argues for various reforms, even for its replacement with a civil code system.
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Law without Ethics
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accident accused actually adversary adversary system amount Anglo-Saxon arbitrator argue argument assume assumption attorney basic benefit bias chapter choice civil commit common law conviction cost course court system crime criminal damages deal decide decision defendant discussion economic efficient enforcement Equation errors ethical evidence example fact favor fraud frequendy Gordon Tullock guilty hence individual injured inquisitorial inquisitorial system institutions insurance company judges judicial jurors jury jury trial lawyers legal realism legal system less liability lie detector likelihood litde litigation matter ment method monopoly motivated Napoleonic code normally Note obtain obvious pacifist Pareto optimal particular parties payment payoff permit person plaintiff police Posner possible prefer prison probability problem procedure proceedings prosecution punishment reason reduce rent-seeking resources invested result risk risk aversion rule sentence simply situation social stare decisis theft tion tort transaction costs Tullock welfare economics witnesses