Foundations of Economic Analysis of Law

Foundations of Economic Analysis of Law
By:Steven Shavell,STEVEN AUTOR SHAVELL
Published on 2004 by Harvard University Press


What effects do laws have? Do individuals drive more cautiously, clear ice from sidewalks more diligently, and commit fewer crimes because of the threat of legal sanctions? Do corporations pollute less, market safer products, and obey contracts to avoid suit? And given the effects of laws, which are socially best? Such questions about the influence and desirability of laws have been investigated by legal scholars and economists in a new, rigorous, and systematic manner since the 1970s. In this book Steven Shavell provides a analysis and synthesis of the economic approach to the building blocks of our legal system, namely, property law, tort law, contract law, and criminal law. He also examines the litigation process as well as welfare economics and morality. Aimed at a broad audience, this book requires neither a legal background nor technical economics or mathematics to understand it.

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Book which was published by Harvard University Press since 2004 have ISBNs, ISBN 13 Code is 9780674011557 and ISBN 10 Code is 0674011554

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