Principles and methods of law and economics : basic tools for normative reasoning / Nicholas L. Georgakopoulos.

Format:

Book

Author/Creator:

Georgakopoulos, Nicholas Leonidas, author.

Language:

English

Subjects (All):

Law and economics.

Law--Methodology.

Law.

Economics--Mathematical models.

Economics.

Physical Description:

1 online resource (xiv, 378 pages) : digital, PDF file(s)

Other Title:

Principles & Methods of Law & Economics

Place of Publication:

Cambridge : Cambridge University Press, 2005.

System Details:

text file

PDF

Summary:

This is an introductory book that targets the reader who has the ambition to apply economic analysis but may be missing a technical introduction to its mathematical techniques or seeks a structured elaboration of its philosophical principles. The book juxtaposes economic analysis with moral philosophy, political theory, egalitarianism, and other methodological principles and then passes to the details of methods such as model-building, derivatives, differential equations, statistical tests, and the use of computer programs.

Contents:

From formal logic to normative reasoning

Social welfare versus moral philosophy

From political philosophy to game theory

The importance of distribution of wealth

Coase and law's irrelevance

More failures of Coasean irrelevance

Mathematical modelling

Confronting uncertainty : basic probability theory

Advanced probability : distributions as the shape of randomness

How to price uncertainty : finance

Finance and probability : options and derivatives

Using spreadsheets

Statistics

Conclusion : importing methodological innovations.

Notes:

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Other Format:

Print version:

ISBN:

9780511511455

Access Restriction:

Restricted for use by site license.