[PDF.21fq] Handbook of Law and Economics, Volume 2

Handbook of Law and Economics, Volume 2

[PDF.bc15] Handbook of Law and Economics, Volume 2

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 | #3066464 in Books |  2007-12-01 | Original language:English | PDF # 1 |  9.50 x7.00 x1.75l,4.20 | File type: PDF | 980 pages

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Law can be viewed as a body of rules and legal sanctions that channel behavior in socially desirable directions ― for example, by encouraging individuals to take proper precautions to prevent accidents or by discouraging competitors from colluding to raise prices. The incentives created by the legal system are thus a natural subject of study by economists. Moreover, given the importance of law to the welfare of societies, the economic analysis of law merits prominent t...

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