THE ECONOMIC APPROACH TO LAWPDF电子书下载

1 Introduction: the economic approach to law&Paul Burrows and Cento G. Veljanovski 1

1.1 The economic approach to law 2

1.2 The benefits and costs of the economic approach 13

1.3 Positive economic theories of law—prediction v description 17

1.4 Toward an economic approach of the third kind 22

1.5 Statutory control 25

1.6 Concluding remarks 25

Part one Contract 35

2 Contract analysis: the transaction cost approach&Oliver E. Williamson 39

2.1 Economic approaches to contracting 39

2.2 A three-way classification of contracts 42

2.3 Transaction cost economics 45

2.4 Commercial contracting 48

2.5 Other applications 55

2.6 Concluding remarks 56

3 Economic analysis of contractual relations&Ian R. Macneil 61

3.1 Neoclassical microeconomic model, transactions costs and relational contract 62

3.2 Discrete transactions and modern contractual relations 64

3.3 Neoclassical microeconomic analysis of contractual relations 75

3.4 Conclusion 85

4 Judicial control of standard form contracts&M.J. Trebilcock and D.N. Dewees 93

4.1 Introduction 93

4.2 Standard form contracts and monopoly 98

4.3 Standard form contracts and information asymmetries 104

4.4 Comparative institutional competence 116

Part two Tort 121

5 The economic theory of tort liability—toward a corrective justice approach&Cento G. Veljanovski 125

5.1 Introduction 125

5.2 The legal and economic objectives of tort liability 126

5.3 A corrective justice framework 133

5.4 Some applications 140

5.5 Conclusion 144

6 Nuisance, legal rules and decentralized decisions: a different view of the cathedral crypt&Paul Burrows 151

6.1 Introduction 151

6.2 Justice and efficiency defined 151

6.3 Tertiary costs, information and general deterrence 152

6.4 Criteria for selecting legal rules 154

6.5 Conclusion 163

7 Negligent misrepresentation: an economic reformulation&William Bishop 167

7.1 Introduction 167

7.2 Conventional debate 168

7.3 Information production and appropriability 170

7.4 Two party negligent misrepresentation: transaction costs and quality signalling 176

7.5 Three party negligent misrepresentation 180

7.6 Public authorities 183

7.7 Conclusion 184

Part three The judicial process 187

8 Economic aspects of legal procedure&Roger A. Bowles 191

8.1 Introduction 191

8.2 Analytical background 192

8.3 Procedural issues 197

8.4 Concluding remarks 207

9 Quantitative rules and judicial decision making&Anthony I. Ogus 210

9.1 Optimal precision of legal rules 210

9.2 Trends in judicial rulemaking 215

9.3 Conclusions 222

10 The plea bargain in England and America: a comparative institutional view&Richard P. Adelstein 226

10.1 Criminal price exaction and the development of procedure 226

10.2 The negotiated plea in the price exaction framework 229

10.3 External aspects of the price exaction procedure: moral cost considerations 237

10.4 A direction for further research 246

11 Judicial responses to exchange rate instability&Roger A. Bowles and Christopher J. Whelan 253

11.1 Introduction 253

11.2 The law before 1975 254

11.3 The law since 1975 256

11.4 Some difficulties 259

11.5 Behaviour of defendants 265

11.6 Conclusions 267

Part four Public law 273

12 Landlord-tenant relations law&Werner Z. Hirsch 277

12.1 Introduction 277

12.2 Habitability laws 278

12.3 Rent control laws 290

12.4 Just-cause eviction laws 295

12.5 Age discrimination laws 298

12.6 Conclusions 300

13 The law and economics of the misconduct rule of unemployment insurance&Paul T. Fenn 307

13.1 Introduction 307

13.2 The misconduct rule: objectives and interpretation 308

13.3 Dismissal for misconduct: optimizing behaviour where the law is given 312

13.4 Disqualification for unemployment benefit as a result of misconduct: some evidence 315

13.5 Conclusion 318

14 Tax avoidance&J. Feldman and J. A. Kay 320

14.1 Introduction 320

14.2 Origins of tax avoidance 321

14.3 Tax avoidance and the definition of income 323

14.4 Tax avoidance in practice 325

14.5 Is tax avoidance inevitable? 331

Index 334