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The Economic Dynamics of Law (Hardcover, New)
Loot Price: R2,434
Discovery Miles 24 340
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The Economic Dynamics of Law (Hardcover, New)
Expected to ship within 12 - 17 working days
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This book offers a dynamic theory of law and economics focused on
change over time, aimed at avoiding significant systemic risks
(like financial crises and climate disruption) and implemented
through a systematic analysis of law's economic incentives and how
people actually respond to them. This theory offers a new vision of
law as fundamentally a macro-level enterprise establishing
normative commitments and a framework for numerous private
transactions, rather than as an analogue to a market transaction.
It explains how neoclassical law and economics sparked decades of
deregulation culminating in the 2008 financial collapse. It then
shows how economic dynamic theory helps scholars and policymakers
make wise choices about how to avoid future catastrophes while
keeping open a robust set of economic opportunities, with
individual chapters addressing the law and economics of financial
regulation, contract, property, intellectual property, antitrust,
national security and climate disruption.
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