Handbook of Law and Economics (Instant Digital Access Code Only)

Edition : 2nd, 2007
Author(s) : Polinsky, A. Mitchell; Shavell, Steven

Handbook of Law and Economics (Instant Digital Access Code Only)
- ISBN: 9780444512352
- SKU: 255568V
- Format: VitalSource eBook/PDF
$181.50

List Price: $206.25

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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. 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.