Handbook of Law and Economics

A comprehensive and accessible survey of the current state of the field of Law and Economics

A. Mitchell Polinsky (Edited by), Steven Shavell (Edited by)

9780444512352, Elsevier Science

Hardback, published 7 November 2007

886 pages
24 x 16.5 x 4.3 cm, 1.737 kg

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.

1. Contract Law
2. Liability for Accidents
3. Property Law
4. Litigation
5. Empirical Study of the Civil Justice System
6. Public Enforcement of Law
7. Empirical Study of Criminal Punishment
8. Environmental Law
9. Regulation of Health, Safety, and Environmental Risks
10. Taxation
11. International Law

Subject Areas: Financial law [LNP], Commercial law [LNCB], Economics [KC]