Similar Search Results

Veljanovski, Cento - 2018

economic concepts, and application of economics to tort and crime, and has been expanded to cover the economics of competition …

Persistent link: https://www.econbiz.de/10014055418

Intergovernmental Liability Rules

Lehavi, Amnon - 2006

This Article offers an innovative approach to settling disputes about interjurisdictional externalities. Focusing attention on the negative spillover effects of local government zoning decisions on neighboring jurisdictions, the Article develops a monetary compensation regime intended to enrich...

Persistent link: https://www.econbiz.de/10014059534

Economic Analysis of Law

Polinsky, A. Mitchell; Shavell, Steven - 2007

This entry for the forthcoming The New Palgrave Dictionary of Economics (Second Edition) surveys the economic analysis of five primary fields of law: property law; liability for accidents; contract law; litigation; and public enforcement and criminal law. It also briefly considers some...

Persistent link: https://www.econbiz.de/10014060845

Calabresi and the Intellectual History of Law and Economics

Hylton, Keith N. - 2005

This essay traces the vein of thought represented by Calabresi's "The Costs of Accidents", both backward in time to examine its sources, and forward to its impact on current scholarship. I focus on three broad topics: positive versus normative law and economics, positivist versus anti-positivist...

Persistent link: https://www.econbiz.de/10014071709

Legal Positions and Institutional Complementarities

Pagano, Ugo - 2002

Legal positions (such as rights, duties, liberties, powers, liabilities and immunities) are linked together by strong institutional complementarities differing from the usual institutional complementarities that have been recently considered by the Economic Literature. Legal positions do not...

Persistent link: https://www.econbiz.de/10014110714

Legal Positions and Institutional Complementarities

Pagano, Ugo - 2005

Legal positions (such as rights, duties, liberties, powers, liabilities and immunities) are linked together by strong institutional complementarities that differ from the usual institutional complementarities that have been recently considered in economic literature. Legal positions not only...

Persistent link: https://www.econbiz.de/10014065885

The Economic Structure of Fiduciary Law

Sitkoff, Robert H. - 2012

This essay revisits the economic theory of fiduciary law. Nearly two decades have passed since the publication of the … together have come to underpin the prevailing economic, contractarian model of fiduciary law. The economic theory of agency … of this essay is to restate the economic theory of fiduciary law in an updated and accessible synthesis …

Persistent link: https://www.econbiz.de/10014043857

Exclusion and Private Law Theory : A Comment on Property as the Law of Things

Claeys, Eric R. - 2012

symposium sponsored by the Harvard Law Review on “The New Private Law Theory.” In his lead Article, Professor Smith critiques … what he calls the “bundle” picture of property, which he attributes to Legal Realists. Using an economic theory of … philosophy. Smith's and my methodological differences may be of interest to the New Private Law Theory, which encourages close …

Persistent link: https://www.econbiz.de/10013110656

The economic role of valuers in real property markets

Bartke, Stephan - 2015

Globally, real estate trade is highly regularized. Usually, the market value is not negotiated simply between the seller and potential buyer but based on an assessment performed by a professional valuer, known as a surveyor or appraiser. This paper inquires about the economic role of valuers in...

Persistent link: https://www.econbiz.de/10011349993

Are joint patents collusive? : evidence from the US and Europe

Fosfuri, Andrea; Helmers, Christian; Roux, Catherine - 2013

We investigate whether patents that are jointly held by legally independent companies help sustain product-market collusion. We use a simple model of repeated interactions to show that joint patents can serve collusive purposes. Our model generates two testable predictions: when joint patents...

Persistent link: https://www.econbiz.de/10009791540