The economics of civil and common law / / Zagros Madjd-Sadjadi.

Law is supposed to encourage innovation, morality, and conformity with societal expectations, yet it may provide perverse incentives causing individuals, or even the State, to act in discordant, inefficient, and even immoral ways. It will explore the inefficiencies that are created that serve to den...

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Bibliographic Details
Superior document:Economics collection,
VerfasserIn:
Place / Publishing House:New York, New York (222 East 46th Street, New York, NY 10017) : : Business Expert Press,, 2016.
Year of Publication:2016
Edition:First edition.
Language:English
Series:Economics collection.
Online Access:
Physical Description:1 online resource (viii, 199 pages)
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100 1 |a Madjd-Sadjadi, Zagros,  |d 1968-,  |e author. 
245 1 4 |a The economics of civil and common law /  |c Zagros Madjd-Sadjadi. 
250 |a First edition. 
264 1 |a New York, New York (222 East 46th Street, New York, NY 10017) :  |b Business Expert Press,  |c 2016. 
300 |a 1 online resource (viii, 199 pages) 
336 |a text  |2 rdacontent 
337 |a computer  |2 rdamedia 
338 |a online resource  |2 rdacarrier 
490 1 |a Economics collection,  |x 2163-7628 
504 |a Includes bibliographical references (pages 187-194) and index. 
505 0 |a 1. The interaction of law and economics -- 2. Property rights -- 3. Contracts -- 4. Torts -- 5. Organization of the firm and competition law -- 6. Other laws -- Glossary -- Notes -- References -- Index. 
506 1 |a Access restricted to authorized users and institutions. 
520 3 |a Law is supposed to encourage innovation, morality, and conformity with societal expectations, yet it may provide perverse incentives causing individuals, or even the State, to act in discordant, inefficient, and even immoral ways. It will explore the inefficiencies that are created that serve to deny individuals work and shelter in a haphazard and capricious manner. It will examine property rights, including eminent domain that lets the State take property away with seemingly arbitrary compensation to the owner. Individuals must understand both civil law, codified by statutes, and common law, enshrined in precedential judicial decisions, and why the common law tends to better reduce transactions costs and thus avoid courts entirely. This book is written for economists and noneconomists and has an extensive glossary of economic, political, and legal terms. Two items that are not formally treated in other economics of law textbooks are the legal organization of businesses and tax law from an economics perspective. 
588 |a Title from PDF title page (viewed on November 30, 2015). 
590 |a Electronic reproduction. Ann Arbor, MI : ProQuest, 2016. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries. 
650 0 |a Law and economics. 
650 0 |a Law  |x Economic aspects. 
653 |a adverse selection 
653 |a antitrust law 
653 |a civil law 
653 |a climate change 
653 |a Coase theorem 
653 |a common law 
653 |a contracts 
653 |a corporate personhood 
653 |a deadweight loss 
653 |a discrimination 
653 |a externalities 
653 |a family law 
653 |a free trade 
653 |a information asymmetry 
653 |a Laffer curve 
653 |a moral hazard 
653 |a patents 
653 |a Pigouvian tax 
653 |a precedent 
653 |a price discrimination 
653 |a principal-agent program 
653 |a property rights 
653 |a Supreme Court decisions 
653 |a tax incidence 
653 |a Theory of the Firm 
653 |a torts 
653 |a transaction costs 
653 |a unconscionability 
655 4 |a Electronic books. 
776 0 8 |i Print version:  |z 9781606495841 
797 2 |a ProQuest (Firm) 
830 0 |a Economics collection.  |x 2163-7628 
856 4 0 |u https://ebookcentral.proquest.com/lib/oeawat/detail.action?docID=4388928  |z Click to View