Handbook of law and economics Volume 2

by A. Mitchell Polinsky

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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 treatment as a show more subdiscipline of economics. This two volume Handbook is intended to foster the study of the legal system by econo show less

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Genres
Nonfiction, Politics and Government, Economics
DDC/MDS
340.11Society, government, & cultureLawLawTheoryParticular Topics
LCC
K487 .E3 .H36LawJurisprudence. Philosophy and theory of lawRelation of law to other topics
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