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Economic Analysis of Contract Law

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Release : 2018-01-24
Genre : Law
Kind : eBook
Book Rating : 680/5 ( reviews)

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Book Synopsis Economic Analysis of Contract Law by : Sugata Bag

Download or read book Economic Analysis of Contract Law written by Sugata Bag. This book was released on 2018-01-24. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the main issues arising in economic analysis of contract law with special attention given to the incomplete contracts. It discusses both the main features of contract law as they relate to the problem of economic exchange, and how the relevant legal rules and the institutions can be analysed from an economic perspective. Evaluate the welfare impacts, analyses the effects and the desirability of different breach remedies and examines the optimal incentive structure of party-designed liquidated damages under the different dimensions of informational asymmetry. Overall the book aims to contribute to the legal debate over the adoption of the specific breach remedies when the breach victim’s expectation interest is difficult to assess, and to the debate over courts' reluctance to implement large penalties in the event of breach of contracts.

Foundations of Economic Analysis of Law

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Release : 2009-07-01
Genre : Law
Kind : eBook
Book Rating : 499/5 ( reviews)

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Book Synopsis Foundations of Economic Analysis of Law by : Steven Shavell

Download or read book Foundations of Economic Analysis of Law written by Steven Shavell. This book was released on 2009-07-01. Available in PDF, EPUB and Kindle. Book excerpt: What effects do laws have? Do individuals drive more cautiously, clear ice from sidewalks more diligently, and commit fewer crimes because of the threat of legal sanctions? Do corporations pollute less, market safer products, and obey contracts to avoid suit? And given the effects of laws, which are socially best? Such questions about the influence and desirability of laws have been investigated by legal scholars and economists in a new, rigorous, and systematic manner since the 1970s. Their approach, which is called economic, is widely considered to be intellectually compelling and to have revolutionized thinking about the law. In this book Steven Shavell provides an in-depth analysis and synthesis of the economic approach to the building blocks of our legal system, namely, property law, tort law, contract law, and criminal law. He also examines the litigation process as well as welfare economics and morality. Aimed at a broad audience, this book requires neither a legal background nor technical economics or mathematics to understand it. Because of its breadth, analytical clarity, and general accessibility, it is likely to serve as a definitive work in the economic analysis of law.

Economics of Contract Law

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Release : 2007
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Economics of Contract Law by : Douglas G. Baird

Download or read book Economics of Contract Law written by Douglas G. Baird. This book was released on 2007. Available in PDF, EPUB and Kindle. Book excerpt: This important volume presents a rich collection of ideas on and insights into the law and economics of contracts. It includes material relevant to a large number of legal fields. Many of the articles are classics that have, over the years, become focal points for continuing debate; others provide an easily accessible account of particular areas. The editor's comprehensive introduction provides an overview of law and economics scholarship in contracts over the past few decades and a portal into an evolving field. Topics include: the economics of contracting; efficient breach and renegotiation; expectation damages and its alternatives; default rules and mass markets.

Contract Law and Economics

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Release : 2010-10
Genre : Law
Kind : eBook
Book Rating : 640/5 ( reviews)

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Book Synopsis Contract Law and Economics by : Gerrit de Geest

Download or read book Contract Law and Economics written by Gerrit de Geest. This book was released on 2010-10. Available in PDF, EPUB and Kindle. Book excerpt: This unique and timely book offers an up-to-date, clear and comprehensive review of the economic literature on contract law. The topical chapters written by leading international scholars include: precontractual liability, misrepresentation, duress, gratuitous promises, gifts, standard form contracts, interpretation, contract remedies, penalty clauses, impracticability and foreseeability. Option contracts, warranties, long-term contracts, marriage contracts, franchise contracts, quasi-contracts, behavioral approaches, and civil contract law are also discussed. This excellent resource on contract law and economics will be particularly suited to contract law scholars, law teachers, policy makers, and judges. For experts in and practitioners of contract law this will be a key book to buy.

Law and Economics

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Release : 2014-06-28
Genre : Technology & Engineering
Kind : eBook
Book Rating : 25X/5 ( reviews)

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Book Synopsis Law and Economics by : Werner Z. Hirsch

Download or read book Law and Economics written by Werner Z. Hirsch. This book was released on 2014-06-28. Available in PDF, EPUB and Kindle. Book excerpt: 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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