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Handbook of Law and Economics
Author(s): A. Mitchell Polinsky (Editor), Steven Shavell
- Publisher: North Holland
- Publication Date: August 12, 2007
- Edition: 1st
- Language: English
- Print length: 886 pages
- ISBN-10: 0444512357
- ISBN-13: 9780444512352
Book 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.
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A comprehensive and accessible survey of the current state of the field of Law and Economics
