Economic efficiency in law and economics / Richard O. Zerbe, Jr.

Format:

• Book

Author/Creator:

• Zerbe, Richard O.

Contributor:

• Edward Elgar Publishing.

Series:

• New horizons in law and economics.
• New horizons in law and economics

Language:

English

Subjects (All):

• Law and economics.
• Economics--Philosophy.

Genre:

• Electronic books.

Physical Description:

1 online resource (336 p.)

Place of Publication:

Cheltenham, U.K. ; Northampton, Mass. : Edward Elgar, 2001.

Language Note:

English

Summary:

'Economic Efficiency in Law and Economics is an interesting and worthwhile book.' - Megan Richardson, Economic Record 'Zerbe's new book is high-powered and potentially important.' - Bill Goodman, Monthly Labor Review In this path-breaking book, Richard Zerbe introduces a new way to think about the concept of economic efficiency that is both consistent with its historical derivation and more useful than concepts currently used. He establishes an expanded version of Kaldor-Hicks efficiency as an axiomatic system that performs the following tasks: the new approach obviates certain techn

Contents:

• Cover; Copyright; Contents; 1. History of the concept of economic efficiency; 2. The foundation: A new measure for economic efficiency; 3. The nature of economic efficiency; 4. The nature of inefficiency; 5. Rights and the relationship of law to efficiency; 6. The problem of missing values in normative law and economic analysis; 7. The failure of market failure; 8. Of distributive justice and economic efficiency: An integrated theory of the comman law; 9. The efficiency of the common law: An economic analysis of dueling, canibalism, the gold rush, racism, and antitrust law
• 10. A RecapitulationReferences; Name index; Subject index

Notes:

• Description based upon print version of record.
• Includes bibliographical references and index.

ISBN:

• 1-283-21607-8
• 9786613216076
• 1-84376-148-3

OCLC:

49852575