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This is a survey of economic analysis of law, that is, of the emerging field under which the standard tools of microeconomics are employed to identify the effects of legal rules and their social desirability. Five basic subject areas are covered. The first is legal liability for harm. Here we...
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At least two: the reputation of their brand and a reputation for being tough on imitators of this brand. Sustaining a … brand requires both investment in its reputation amongst consumers and the defence of the brand against followers that … that brand owners can benefit from a reputation for tough opposition to trade mark applications. Such a reputation induces …
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