{"product_id":"theoretical-foundations-of-law-and-economics-paperback-9781107403192","title":"Theoretical Foundations of Law and Economics (Paperback \/ softback) 9781107403192","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eTheoretical Foundations of Law and Economics\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eA  book-length examination of the methodology and philosophy of law and economics.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eMark D. White (Edited by)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781107403192, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 18 August 2011\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e304 pages\u003cbr\u003e22.9 x 15.2 x 1.7 cm, 0.45 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\"Professor White does a real service by gathering these works into a single volume ... [He] has advanced the discourse in this lively field. His collection offers a fine law and economics primer, framing the arguments and leaving the reader better equipped to understand the theoretical underpinnings of the difficult accommodations that continue to be made in a world of scarcity.\" - Michael C. Macchiarola, The Law and Politics Book Review\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThe economic approach to law, or 'law and economics', is by far the most successful application of basic economic principles to another scholarly field, but most of the critical appraisal of the field is scattered among law reviews and economics journals. Theoretical Foundations of Law and Economics provides an original, book-length examination of the methodology and philosophy of law and economics, featuring essays written by leading legal scholars, philosophers, and economists. The contributors take issue with many of the key tenets of the economic approach to law, such as its assumption of rational behavior, its reliance on market analogies, and its adoption of efficiency as the primary goal of legal decision making. They discuss the relevance of economics to the law in general, as well as to substantive areas of the law, such as contracts, torts, and crime.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePart I. The Role and Use of Economics in Legal Studies: 1. Modeling courts Lewis A. Kornhauser\u003cbr\u003e 2. Is there a method to the madness? Why creative and counterintuitive solutions are counterproductive Michael B. Dorff and Kimberly Kessler Ferzan\u003cbr\u003e 3. Functional law and economics Jonathan Klick and Francesco Parisi\u003cbr\u003e 4. Legal fictionalism and the economics of normativity Horacio Spector\u003cbr\u003e Part II. Efficiency: 5. Efficiency, practices, and the moral point of view: limits of economic interpretations of law Mark Tunick\u003cbr\u003e 6. Numeraire illusion: the final demise of the Kaldor-Hicks principle David Ellerman\u003cbr\u003e 7. Justice, mercy and efficiency Sarah Holtman\u003cbr\u003e Part III. Rationality and the Law: 8. Bounded rationality and legal scholarship Matthew D. Adler\u003cbr\u003e 9. Emotional reactions to law and economics, market metaphors, and rationality rhetoric Peter H. Huang\u003cbr\u003e 10. Pluralism, intransitivity, incoherence William A. Edmundson\u003cbr\u003e Part IV. Values and Ethics in Civil and Criminal Law: 11. Law and economics and explanation in contract law Brian H. Bix\u003cbr\u003e 12. Welfare, autonomy, and contractual freedom Guido Pincione\u003cbr\u003e 13. Efficiency, fairness, and the economic analysis of tort law Mark A. Geistfeld\u003cbr\u003e 14. Retributivism in a world of scarcity Mark D. White.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: International economic \u0026amp; trade law [\u003ca title=\"See our other books on International economic \u0026amp; trade law\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22International%20economic%20\u0026amp;%20trade%20law%20%5BLBBM%5D%22\"\u003eLBBM\u003c\/a\u003e], Law [\u003ca title=\"See our other books on Law\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Law%20%5BL%5D%22\"\u003eL\u003c\/a\u003e], Economics [\u003ca title=\"See our other books on Economics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Economics%20%5BKC%5D%22\"\u003eKC\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46005918531864,"sku":"9781107403192","price":29.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521889551_764deee5-47a4-4e08-ba00-0ef4a43b6d11.jpg?v=1694484870","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/theoretical-foundations-of-law-and-economics-paperback-9781107403192","provider":"Freshly Printed Books","version":"1.0","type":"link"}