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About Handbook of Law and Economics, Volume 1 (Handbook of Law and Economics)
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.
Detailed Information
| Author: | A. Mitchell Polinsky, Steven Shavell |
|---|---|
| Publication Year: | 2007 |
| ISBN: | 9780080554242 |
| Pages: | 887 |
| Language: | English |
| File Size: | 3.139 |
| Format: | |
| Price: | FREE |
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