The Elgar Companion to Law and Economics, Second Edition (Elgar Original Reference)

This thoroughly updated and revised edition of a popular and authoritative reference work introduces the reader to the major concepts and leading contributors in the field of law and economics. The Companion features accessible, informative and provocative entries on all the significant issues, and breaks new ground by bringing together widely dispersed yet theoretically congruent ideas. Following a comprehensive introduction by the editor, the renowned contributors look in detail at several critical areas including: • fundamentals of the law and economics approach • private law and economics • public law and economics • labor law and economics • regulation, taxation and public enterprise • dispute resolution • different sources of the law • economic analysis of a legal problem • classical authors in law and economics. Contents......Page 5 Figures......Page 9 Tables......Page 10 Contributors......Page 11 Introduction......Page 15 PART I BASICS OF THE LAW AND ECONOMICS APPROACH......Page 19 1 Coase theorem and transaction cost economics in the law......Page 21 2 Property rights and their partitioning......Page 54 3 Legal change in economic analysis......Page 67 4 Positive, normative and functional schools in law and economics......Page 72 5 Commons and anticommons......Page 88 PART II PRIVATE LAW AND ECONOMICS......Page 99 6 The economics of tort law......Page 101 7 Family......Page 117 8 Inheritance......Page 133 9 Intellectual property and the markets of ideas......Page 141 10 Incomplete contracts and institutions......Page 159 PART III PUBLIC LAW AND ECONOMICS......Page 177 11 Central Bank......Page 179 12 Constitutional economics I......Page 198 13 Constitutional economics II......Page 237 14 Administrative law and economics......Page 253 15 Property......Page 260 16 The European Union’s institutional design......Page 275 17 Subsidiarity......Page 294 PART IV LABOUR LAW AND ECONOMICS......Page 301 18 Labour contracts......Page 303 19 Company board representation......Page 311 20 Employment security through dismissal protection: market versus policy failures......Page 325 PART V REGULATION, TAXATION AND PUBLIC ENTERPRISE......Page 341 21 Structures of public enterprise......Page 343 22 Environmental law and economics......Page 359 23 Environmental policies choice as an issue of informational efficiency......Page 364 24 Tradable emission rights......Page 378 25 Regulatory taxation......Page 395 PART VI DISPUTE RESOLUTION......Page 405 26 Dispute resolution......Page 407 PART VII DIFFERENT SOURCES OF THE LAW......Page 419 27 Judicial independence......Page 421 28 General norms and customs......Page 438 29 Science as a source of law......Page 447 30 Social science as a source of the law......Page 456 31 Cognitive science......Page 467 32 Connections with law and society research......Page 473 PART VIII TOWARDS AN IDEAL ECONOMIC ANALYSIS OF A LEGAL PROBLEM......Page 477 33 Towards an ideal economic analysis of a legal problem......Page 479 PART IX CLASSICAL AUTHORS IN LAW AND ECONOMICS......Page 487 34 Cesare Beccaria (1738–94)......Page 489 35 Franz Böhm (1895–1977)......Page 503 36 John R. Commons (1862–1945)......Page 513 37 Walter Eucken (1891–1950)......Page 522 38 Otto von Gierke (1841–1921)......Page 533 39 Augusto Graziani (1865–1938)......Page 536 40 Robert Lee Hale (1884–1969) – legal economist......Page 545 41 Friedrich August von Hayek (1899–1992)......Page 559 42 Theodor Herzl (1860–1904)......Page 573 43 Rudolf von Jhering (1818–92) and the economics of justice......Page 582 44 Franz Klein (1854–1926)......Page 590 45 Etienne Laspeyres (1834–1913)......Page 599 46 Friedrich List (1789–1846)......Page 604 47 Achille Loria (1857–1943)......Page 621 48 Karl Marx (1818–83) and Friedrich Engels (1820–95)......Page 632 49 Carl Menger (1840–1921)......Page 641 50 Plato (c. 427–349 BC)......Page 649 51 Wilhelm Roscher (1817–94)......Page 656 52 Emil Sax (1845–1927)......Page 666 53 Gustav von Schmoller (1838–1917)......Page 676 54 Adam Smith (1723–90)......Page 686 55 Werner Sombart (1863–1941)......Page 697 56 Lorenz von Stein (1815–90)......Page 703 57 George Joseph Stigler (1911–92)......Page 714 58 Pietro Trimarchi (1934–)......Page 723 59 Thorstein Veblen (1857–1929)......Page 741 60 Max Weber (1864–1920)......Page 747 61 Christian Wolff (1679–1754)......Page 759 Index......Page 765 Acclaim For The First Edition: Backhaus S Book Is A Good Companion. Pablo Salvador Coderch, Indret A Most Valuable Collection Of Papers Serving To Provide The Reader Both With An Overview Of Some Key Areas In Law And Economics And With A Biographical Introduction To The Work Of Some Important, If Also Neglected, Sources Of Scholarship In The Discipline. Anthony I. Ogus, Cbe, University Of Manchester, Uk This Thoroughly Updated And Revised Edition Of A Popular And Authoritative Reference Work Introduces The Reader To The Major Concepts And Leading Contributors In The Field Of Law And Economics. The Companion Features Accessible, Informative And Provocative Entries On All The Significant Issues, And Breaks New Ground By Bringing Together Widely Dispersed Yet Theoretically Congruent Ideas. Following A Comprehensive Introduction By The Editor, The Renowned Contributors Look In Detail At Several Critical Areas Including: Fundamentals Of The Law And Economics Approach Private Law And Economics Public Law And Economics Labour Law And Economics Regulation, Taxation And Public Enterprise Dispute Resolution Different Sources Of The Law Economic Analysis Of A Legal Problem Classical Authors In Law And Economics. Students And Scholars Interested In A Comprehensive And Rigorous Overview Of The Field Of Law And Economics Will Find This Volume To Be A Unique And Welcome Resource. The Companion Will Also Have A Broad Appeal Amongst Industrial Economists And Historians Of Economic Thought. This Thoroughly Updated And Revised Edition Of A Popular And Authoritative Reference Work Introduces The Reader To The Major Concepts And Leading Contributors In The Field Of Law And Economics. The Companion Features Accessible, Informative And Provocative Entries On All The Significant Issues, And Breaks New Ground By Bringing Together Widely Dispersed Yet Theoretically Congruent Ideas. Students And Scholars Interested In A Comprehensive And Rigorous Overview Of The Field Of Law And Economics Will Find This Volume To Be A Unique And Welcome Resource. The Companion Will Also Have A Broad Appeal Amongst Industrial Economists And Historians Of Economic Thought--jacket. 1. Coase Theorem And Transaction Cost Economics In The Law / Francesco Parisi -- 2. Property Rights And Their Partitioning / Christian Muller And Manfred Tietzel -- 3. Legal Change In Economic Analysis / John N. Drobak And Douglass C. North -- 4. Positive, Normative And Functional Schools In Law And Economics / Francesco Parisi -- 5. Commons And Anticommons / Francesco Parisi And Ben Depoorter -- 6. The Economics Of Tort Law / Giuseppe Dari Mattiacci And Francesco Parisi -- 7. Family / Margaret Brinig -- 8. Inheritance / Richard F. Wagner -- 9. Intellectual Property And The Markets Of Ideas / Giavanni B. Ramella. Edited By Jürgen G. Backhaus. Includes Bibliographical References And Index.