Economic Analysis of LawThis text for students of law and economics concentrates on the progress of scholarship in the field. Concrete applications are emphasized over abstract theory in the book. |
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Page 10
... discussed in this book . If there are no such barriers , then in the market depicted in Figure 1.2 each seller will ( as shown in Figure 1.3 ) confront a horizontal demand curve equal to p , even though the market as a whole faces a ...
... discussed in this book . If there are no such barriers , then in the market depicted in Figure 1.2 each seller will ( as shown in Figure 1.3 ) confront a horizontal demand curve equal to p , even though the market as a whole faces a ...
Page 191
... discussed in previ- ous chapters especially the implied contract cases discussed at the end of Chapter 4. It does not isolate a functionally distinct form of conduct . Another example of how an intentional tort may involve simply a ...
... discussed in previ- ous chapters especially the implied contract cases discussed at the end of Chapter 4. It does not isolate a functionally distinct form of conduct . Another example of how an intentional tort may involve simply a ...
Page 495
... discussed in previous chapters of this book seem designed to promote efficiency , many others , such as the minimum wage , auto safety legislation , the National Labor Relations Act , and restrictions on competition in banking — to name ...
... discussed in previous chapters of this book seem designed to promote efficiency , many others , such as the minimum wage , auto safety legislation , the National Labor Relations Act , and restrictions on competition in banking — to name ...
Contents
THE NATURE of Economic REASONING | 3 |
THE ECONOMIC APPROACH TO LAW | 19 |
PROPERTY | 29 |
Copyright | |
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accident costs activity agency antitrust average benefits bilateral monopoly breach buyer capital cartel Chapter Coase Theorem common law compensation competition consumers contract corporation costly courts crime criminal damages defendant demand deterrence discussed doctrine earnings economic analysis economist effect efficient elasticity employer enforcement example expected federal firm firm's higher impose incentive income increase infra injurer interest investment labor land Law & Econ less litigation loss lower marginal cost monopolist monopoly price monopoly profits monopsony natural monopoly negligence opportunity cost optimal output owner parents parties percent plaintiff pollution Posner predatory pricing prevent price discrimination probability problem profits property rights punishment purchase railroad reason reduce regulation require result revenue risk risk averse rule sell seller shareholders social costs strict liability substitute Suppose supra theory tion tort transaction costs union utility victim wage wealth widgets workers