Handbook of Law and Economics

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Handbook of Law and Economics

By Polinsky, A. Mitchell; Shavell, Steven

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Law can be viewed as a body of rules and legal sanctions that channel behavior in socially desirable directions — for example, by encouraging individuals to take proper precautions to prevent accidents or by discouraging competitors from colluding to raise prices. The incentives created by the legal system are thus a natural subject of study by economists. Moreover, given the importance of law to the welfare of societies, the economic analysis of law merits prominent treatment as a subdiscipline of economics. Our hope is that this two volume Handbook will foster the study of the legal system by economists.

*The two volumes form a comprehensive and accessible survey of the current state of the field.
*Chapters prepared by leading specialists of the area.
*Summarizes received results as well as new developments.

Subject: Professional, Career & Trade -> Law -> Law

Handbook of Law and Economics
2nd edition
Publisher: Elsevier S & T 11/2007
Imprint: North Holland
Language: English
Length: 886 pages

ISBN 10: 0444512357
ISBN 13: 9780444512352
Print ISBN: 9780444512352

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