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An Introductory Analysis
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Third Edition
By
Werner Hirsch, University of California, Los Angeles, U.S.A.
Description
Since the publication of the second edition of Law and Economics in 1988, there have been major developments in economics,
jurisprudence, and in the field of law and economics. These changes are reflected in the updated and improved Third Edition.
About 30% of the material in the new edition is different. The reader will find that the book incorporates recent scholarly contributions
and court rulings on, for example, the Takings Clause of the constitution, the high-tech communication revolution in determining what
constitutes a legal contract, no-fault insurance and its economic effects, and empirical cost-benefit analysis of environmental laws.
Moreover, attention is paid to recent developments in anti-monopoly law as applied to high-tech information and communication firms.
Students in management, policy, law, economics, and business programs, as well as law professionals, find the new edition of Law
and Economics has kept up with the changing economic and legal climate.
Audience
Upper division undergraduate students in economics; graduate students in MBA programs and law schools; scholars in urban economics, urban
planning, environmental resource management, business management, criminology, and applied ethics.
Contents
Preface to the Third Edition.
Preface to the Second Edition.
Preface to the First Edition.
Introduction:
Law and Economics.
Nature and Origin of Laws.
Nature and History of Economics.
The Interface between Law and Economics.
Where Law and Economics Might
Not Meet.
Entitlements and Externalities and the Role of the Law.
Property Law's Basic Legal Premises:
Introduction.
Defining Rights and Entitlements to Property.
Permanent Transfer of Rights and Entitlements.
Temporary Transfer of Rights and Entitlements.
Land Use Planning and Development.
Conclusion.
Economic Analysis of Landlord-Tenant Laws:
Introduction.
Habitability
Laws.
Rent Control Laws.
Laws Complementing Rent Control.
Just-Cause Laws.
Housing Subsidy Laws.
Conclusion.
Economic Analysis
of Zoning Laws:
Introduction.
Residential--Commercial--Industrial Zoning Ordinances.
Exclusionary Zoning.
Inclusionary Zoning.
Zoning as a Taking?
Expanding Aims of Zoning.
Conclusion.
Contract Law:
Introduction.
The Basic Legal Premises
of Contract Law.
Economic Considerations of Contract Law.
Conclusion.
Tort Law's Basic Legal Premises:
Introduction.
What is a Tort?
Negligence.
Duty.
Proximate Cause.
Defenses.
Liability Rules--Introductory Classification.
The Rule of Contributory
Negligence.
The Rule of Comparative Negligence.
The Rule of Strict Liability.
Probabilistic Causation.
Damages.
Conclusion.
Economic
Analysis of Tort Law:
Introduction.
Economic Analysis of Medical Malpractice.
Effects of Liability Standards.
Some Economic
Considerations of Product Liability.
Economic Analysis of Accident Law.
Sovereign Immunity.
Rules for Assigning Liability for Litigation
Costs.
Tort Reforms' Economic Effects.
Conclusion.
Criminal Law:
Introduction.
Basic Legal Premises of Criminal
Law.
Economic Analysis of Criminal Law.
Crime Deterrence by Raising Costs to Criminals.
Crime Deterrence by Raising Legal Income.
Conclusion.
Environmental Law:
Introduction.
Legal Aspects of Environmental Protection.
Court-Made Environmental Law.
Statutory Environmental Law.
Economic Analysis.
Conclusion.
Antimonopoly Law:
Introduction.
The Economic Incentive
to Monopolize Markets.
A Brief Outline of Antimonopoly Acts.
Ways to Monopolize Markets: Many Roads Lead to Rome.
Horizontal Mergers
and Conglomerates.
Cartels.
Price Discrimination.
Foreclosing Entry.
Vertical Integration
Government-Induced Price Fixing and Foreclosure.
Remedies.
Some Further Economic Considerations.
Anti-Trust Policy Toward High-Tech Industries.
Conclusion.
Discrimination
Law:
Introduction.
Employment Discrimination Law.
Housing Discrimination Law.
Age Discrimination.
Conclusion.
Index.
| Bibliographic details |
Hardbound, 358 pages, publication date: JUN-1999
ISBN-13: 978-0-12-349482-5
ISBN-10: 0-12-349482-6
Imprint: ACADEMIC PRESS
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| Price and Ordering |
Price:
USD 89.95 GBP 59 EUR 69.95
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Last update: 4 Sep 2009
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