Handbook of Law and Economics ( Volume 2 )

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.

Chapter

6. Comparative perspectives and debates

7. Empirical evidence and practice

8. Recent developments

9. Conclusion

References

Chapter 13. Empirical Studies of Corporate Law

1. Introduction

2. A guide to event studies

3. Econometric issues: endogeneity in corporate governance and performance studies

4. Empirical research in corporate law

5. Conclusion

References

Chapter 14. Bankruptcy Law

1. Introduction

Part A: Corporate bankruptcy

2. Legal background-corporate bankruptcy law

3. Research on corporate bankruptcy-theory

4. Research on corporate bankruptcy-empirical work

Part B: Personal bankruptcy

5. Legal background-personal bankruptcy law

6. Trends in personal bankruptcy filings

7. Research on personal bankruptcy-theory

8. Research on personal and small business bankruptcy-empirical work

References

Chapter 15. Antitrust

1. Introduction

2. Market power

3. Collusion

4. Horizontal mergers

5. Monopolization

6. Conclusion

Acknowledgements

References

Cases

Chapter 16. Regulation of Natural Monopoly

1. Introduction

2. Definitions of natural monopoly

3. Why regulate natural monopolies?

4. Historical and legal foundations for price regulation

5. Alternative regulatory institutions

6. Price regulation by a fully informed regulator

7. Cost of service regulation: response to limited information

8. Incentive regulation: theory

9. Measuring the effects of price and entry regulation

10. Competitive entry and access pricing

11. Conclusions

References

Chapter 17. Employment Law

1. Framework

2. Workplace safety mandates

3. Compensation systems for workplace injuries

4. Workplace privacy mandates

5. Fringe benefits mandates

6. Targeted mandates

7. Wrongful discharge laws

8. Unemployment insurance systems

9. Minimum wage rules

10. Overtime pay requirements

11. Conclusion

References

Chapter 18. Antidiscrimination Law

1. Introduction

2. The contours of antidiscrimination law

3. Theories of discrimination

4. Should private discrimination be prohibited?

5. Discrimination versus disparities

6. Measuring the extent of discrimination

7. Antidiscrimination law in practice

8. The impact of antidiscrimination law on black economic welfare

9. Discrimination on the basis of sex

10. Discrimination in credit and consumer markets

11. Criminal justice and racial profiling

12. Conclusion

References

Chapter 19. Intellectual Property Law

1. Promoting innovation

2. Protecting integrity of the market

Acknowledgements

References

Part III: Other Topics

Chapter 20. Norms and the Law

1. Introduction

2. Defining ``norms''

3. How norms work

4. The importance of norms to legal analysis

5. Specific applications

6. Conclusion: the state of research on norms

References

Chapter 21. Experimental Study of Law

1. Introduction

2. Motivation and methodology for experimental law and economics

3. Applications

4. Looking ahead

References

Further Reading

Chapter 22. The Political Economy of Law

1. Introduction

2. Schools of legal thought

3. Elections, representation and democratic legitimacy

4. The Positive theory of legislative politics

5. The President

6. The bureaucracy

7. The courts

8. PPT of law: concluding observations

References

Author Index of Volume 2

Subject Index of Volume 2

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