Description

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. This two volume Handbook is intended to foster the study of the legal system by economists.

Key Features

*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.

Readership

Advanced graduate students, researchers and professionals interested in Economics, Law and their interaction.

Table of Contents

12. Corporate Law and Governance Marco Becht (ECARES, Université Libre de Bruxelles) Patrick Bolton (Department of Economics, Columbia University) Ailsa Röell (Bendheim Center for Finance, Princeton University) 13. Empirical Study of Corporate Law Sanjai Bhagat (School of Business, University of Colorado) Roberto Romano (Yale Law School) 14. Bankruptcy Law Michelle White (Department of Economics, University of California, San Diego) 15. Antitrust Louis Kaplow (Harvard Law School) Carl Shapiro (Department of Economics, University of California, Berkeley) 16. Regulation of Natural Monopoly Paul Joskow (Department of Economics, Massachusetts Institute of Technology) 17. Employment Law Christine Jolls (Yale Law School) 18. Antidiscrimination Law John J. Donohue III (Yale Law School) 19. Intellectual Property Law Peter Menell (School of Law, University of California, Berkeley) Suzanne Scotchmer (School of Public Policy, University of California, Berkeley) 20. Norms and the Law Richard McAdams (School of Law, University of Illinois, Champaign-Urbana) Eric Rasmusen (School of Business, Indiana University) 21. Experimental Study of Law Colin Camerer (School of Social Sciences, California Institute of Technology) Eric Talley (School of Law, University of California, Berkeley) 22. The Political Economy of Law McGol

Details

No. of pages:
980
Language:
English
Copyright:
© 2007
Published:
Imprint:
North Holland
eBook ISBN:
9780080554235
Print ISBN:
9780444531209

About the editors

A. Mitchell Polinsky

Affiliations and Expertise

Stanford University, CA, U.S.A.

Steven Shavell

Affiliations and Expertise

Harvard University, Cambridge, MA, U.S.A.