Law and Economics (Paperback, Softcover reprint of the original 1st ed. 1989)

The character of economic life] in a society is dependent upon, among 2 other things, its political-legal-economic institutional setting. Within that institutional structure, the individuals who comprise that society attempt to cooperate with one another to their mutual advantage so as to accommodate their joint utility-maximizing endeavors. In addition, these same individuals call upon certain societal institutions to adjust the con flicting claims of different individuals and groups. In this regard, a society is perceived as both a cooperative venture for mutual advantage where there are an identity of interests and, as well, an arena of conflict where there exists a mutual interdependence of conflicting claims or interests. The manner in which a society structures its political-legal-economic institutions 1) to enhance the scope of its cooperative endeavors and 2) to channel internal political-legal-economic conflicts toward resolution, shapes the character of economic life in that society. In contemplating the structure of its institutions intended to promote cooperation and channel conflict, a society confronts several issues. At the most general level an enduring issue is how a society both perceives and then ideologically transmits (perhaps teaches or rationalizes), inter nally and/or externally, its perceptions of so-called "cooperative en deavors" and "arenas of conflict." There can be no doubt that the resultant structure of a society's institutions will reflect that society's perception as to what cooperation entails and what conflict constitutes."

General

Imprint:	Springer
Country of origin:	Netherlands
Series:	Recent Economic Thought, 19
Release date:	September 2011
First published:	1989
Editors:	Nicholas Mercuro
Dimensions:	229 x 152 x 14mm (L x W x T)
Format:	Paperback
Pages:	272
Edition:	Softcover reprint of the original 1st ed. 1989
ISBN-13:	978-9401069755
Categories:	Books > Social sciences > Politics & government > Political science & theory Books > Business & Economics > Economics > Microeconomics > General Books > Business & Economics > Finance & accounting > Finance > Public finance > General Books > Money & Finance > Public finance > General
LSN:	9401069751
Barcode:	9789401069755

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