Publication series :Volume 2
Author: Polinsky A. Mitchell;Shavell Steven
Publisher: Elsevier Science
Publication year: 2007
E-ISBN: 9780080554235
P-ISBN(Paperback): 9780444531209
P-ISBN(Hardback): 9780444531209
Subject: D922.28 金融法;D922.291.92 破产法;D996.2 International Law of Finance
Language: ENG
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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. This two volume Handbook is intended to 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.
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