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Author: Eric Brousseau
Publisher: Cambridge University Press
Published: 2002-10-17
Total Pages: 604
ISBN-13: 9780521893138
DOWNLOAD EBOOKA 2002 survey of economics of contracts appealing to scholars in economics, management and law.
Author: Thomas J. Miceli
Publisher: Oxford University Press, USA
Published: 1997
Total Pages: 247
ISBN-13: 0195103904
DOWNLOAD EBOOKThe field of law and economics has matured to a point where scholars employ economic methods to understand the nature of legal rules and guide legal reform. This text is a broad survey of that scholarship as it has been applied to problems in tort, contracts, property and litigation.
Author: Antony W. Dnes
Publisher: Chapman & Hall
Published: 1996
Total Pages: 228
ISBN-13:
DOWNLOAD EBOOKThis book deals with the interface between law and economics. It is aimed at students either of law or economics, or modular degree students, who are taking a course dealing with the economic implication of law. The approach is clear and concise and assumes no previous knowledge of the subject. It incorporates case studies alongside the main text, plus exercises and discussion questions at the end of each chapter. The book is based around the English legal system and draws comparisons with the US, Canadian, Scottish and European systems and includes European law, particularly where this affects the UK.
Author: David P. Ellerman
Publisher: Wiley-Blackwell
Published: 1992
Total Pages: 296
ISBN-13:
DOWNLOAD EBOOKAuthor: Peter Benson
Publisher: Belknap Press
Published: 2019-12-17
Total Pages: 625
ISBN-13: 0674237595
DOWNLOAD EBOOK“One of the most important contributions to the field of contract theory—if not the most important—in the past 25 years.” —Stephen A. Smith, McGill University Can we account for contract law on a moral basis that is acceptable from the standpoint of liberal justice? To answer this question, Peter Benson develops a theory of contract that is completely independent of—and arguably superior to—long-dominant views, which take contract law to be justified on the basis of economics or promissory morality. Through a detailed analysis of contract principles and doctrines, Benson brings out the specific normative conception underpinning the whole of contract law. Contract, he argues, is best explained as a transfer of rights, which is complete at the moment of agreement and is governed by a definite conception of justice—justice in transactions. Benson’s analysis provides what John Rawls called a public basis of justification, which is as essential to the liberal legitimacy of contract as to any other form of coercive law. The argument of Justice in Transactions is expressly complementary to Rawls’s, presenting an original justification designed specifically for transactions, as distinguished from the background institutions to which Rawls’s own theory applies. The result is a field-defining work offering a comprehensive theory of contract law. Benson shows that contract law is both justified in its own right and fully congruent with other domains—moral, economic, and political—of liberal society.
Author: Yoram Barzel
Publisher: Cambridge University Press
Published: 1997-04-13
Total Pages: 180
ISBN-13: 9780521597135
DOWNLOAD EBOOKThis is a study of the way individuals organise the use of resources in order to maximise the value of their economic rights over these resources.
Author: Oliver Hart
Publisher: Clarendon Press
Published: 1995-10-05
Total Pages: 244
ISBN-13: 0191521728
DOWNLOAD EBOOKThis book provides a framework for thinking about economic instiutions such as firms. The basic idea is that institutions arise in situations where people write incomplete contracts and where the allocation of power or control is therefore important. Power and control are not standard concepts in economic theory. The book begins by pointing out that traditional approaches cannot explain on the one hand why all transactions do not take place in one huge firm and on the other hand why firms matter at all. An incomplete contracting or property rights approach is then developed. It is argued that this approach can throw light on the boundaries of firms and on the meaning of asset ownership. In the remainder of the book, incomplete contacting ideas are applied to understand firms' financial decisions, in particular, the nature of debt and equity (why equity has votes and creditors have foreclosure rights); the capital structure decisions of public companies; optimal bankruptcy procedure; and the allocation of voting rights across a company's shares. The book is written in a fairly non-technical style and includes many examples. It is aimed at advanced undergraduate and graduate students, academic and business economists, and lawyers as well as those with an interest in corporate finance, privatization and regulation, and transitional issues in Eastern Europe, the former Soviet Union, and China. Little background knowledge is required, since the concepts are developed as the book progresses and the existing literature is fully reviewed.
Author: Philippe Aghion
Publisher: Oxford University Press
Published: 2015-12-22
Total Pages: 224
ISBN-13: 0190259019
DOWNLOAD EBOOKThe 1986 article by Sanford J. Grossman and Oliver D. Hart titled "A Theory of Vertical and Lateral Integration" has provided a framework for understanding how firm boundaries are defined and how they affect economic performance. The property rights approach has provided a formal way to introduce incomplete contracting ideas into economic modeling. The Impact of Incomplete Contracts on Economics collects papers and opinion pieces on the impact that this property right approach to the firm has had on the economics profession.
Author: Francesco Parisi
Publisher: Oxford University Press
Published: 2017
Total Pages: 593
ISBN-13: 0199684200
DOWNLOAD EBOOKThe Oxford Handbook of Law and Economics applies the theoretical and empirical methods of economics to the study of law. Volume 2 surveys Private and Commercial Law.
Author: Douglas G. Baird
Publisher: Edward Elgar Publishing
Published: 2007
Total Pages: 686
ISBN-13:
DOWNLOAD EBOOKThis important volume presents a rich collection of ideas on and insights into the law and economics of contracts. It includes material relevant to a large number of legal fields. Many of the articles are classics that have, over the years, become focal points for continuing debate; others provide an easily accessible account of particular areas. The editor's comprehensive introduction provides an overview of law and economics scholarship in contracts over the past few decades and a portal into an evolving field. Topics include: the economics of contracting; efficient breach and renegotiation; expectation damages and its alternatives; default rules and mass markets.
