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Law and Economics

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Editor Info

  • Jain, Satish
    (Centre for Economic Studies and Planning, School of Social Sciences, Jawaharlal Nehru University)

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Abstract

Economic analysis of law has been preoccupied by considerations of efficiency and often regards values and individual preferences to be independent of social institutions. This volume analyses the flaws in such an approach by pointing out the incommensurability of fundamental societal values in the context of the institutional structure. Given that individual preferences and values and social values impact each other in the context of an institutional structure, the book recognizes that a comprehensive theory of law must contend with (i) whether the institutional structure admits an equilibrium of individual and social values; and (ii) if there is an equilibrium, then what the extent of divergence is under it between the realized social values and the desired values.

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Bibliographic Info

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This book is provided by Oxford University Press in its series OUP Catalogue with number 9780198067733 and published in 2010.

ISBN: 9780198067733
Order: http://ukcatalogue.oup.com/product/9780198067733.do
Handle: RePEc:oxp:obooks:9780198067733

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Cited by:
  1. Orley C. Ashenfelter & Daniel S. Hosken & Matthew C. Weinberg, 2013. "The Price Effects of a Large Merger of Manufacturers: A Case Study of Maytag-Whirlpool," American Economic Journal: Economic Policy, American Economic Association, vol. 5(1), pages 239-61, February.
  2. Keith N. Hylton & Haizhen Lin, 2009. "Trial Selection Theory: A Unified Model," Working Papers 2009-06, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
  3. Anna Menozzi & María Gutierrez Urtiaga & Davide Vannoni, 2010. "Board Composition, Political Connections and Performance in State-Owned Enterprises," Carlo Alberto Notebooks 185, Collegio Carlo Alberto.
  4. Ellen van de Poel & Eddy van Doorslaer & Owen O'Donnell, 2011. "Measurement of Inequity in Health Care with Heterogeneous Response of Use to Need," Tinbergen Institute Discussion Papers 11-155/3, Tinbergen Institute.
  5. Donatella Porrini & Giovanni B. Ramello, 2011. "Class action and financial markets: insights from law and economics," Journal of Financial Economic Policy, Emerald Group Publishing, vol. 3(2), pages 140-160, July.
  6. Ojo, Marianne, 2011. "Basel III – responses to consultative documents, vital aspects of the consultative processes and the journey culminating in the present framework (Part 1)," MPRA Paper 33082, University Library of Munich, Germany.
  7. Ojo, Marianne, 2010. "BASEL III – Responses to consultative documents, vital aspects of the consultative processes and the journey culminating in the present framework," MPRA Paper 25975, University Library of Munich, Germany.
  8. Roger Blair & Christina DePasquale, 2011. "Considerations of Countervailing Power," Review of Industrial Organization, Springer, vol. 39(1), pages 137-143, August.
  9. A. Saichev & D. Sornette, 2011. "Time-Bridge Estimators of Integrated Variance," Papers 1108.2611, arXiv.org.
  10. Eric R. Claeys, 2011. "Bundle-of-Sticks Notions in Legal and Economic Scholarship," Econ Journal Watch, Econ Journal Watch, vol. 8(3), pages 205-214, September.

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