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The discipline of law and economics has earned a reputation for
developing plausible and empirically testable theories on the
social functions and the impact of legal institutions. Property
rights are a field in which this has been very successful. In this
book, economic property rights theories are applied to case law in
order to examine the practice and solution of real life conflicts.
The author examines the economic problems which are dealt with in
these cases and evaluate the courts' decisions from an economic
angle. Cases are examined from across the UK, the US, Germany,
Belgium and Canada to allow international comparisons to be made.
These comparisons reveal that, regardless of the legal system, many
legal issues have similar economic roots and therefore similar
models of economic analysis can be applied. The analysis of these
cases also shows that the discipline of law and economics is not
only successful in developing explanatory models but also useful to
generate better considerations and solutions for legal conflicts in
individual cases. This book aims to bridge the gap between the
academic and professional literature and demonstrate the benefits
of the economic analysis of property rights cases to all those who
are interested in law and economics.
The discipline of law and economics has earned a reputation for
developing plausible and empirically testable theories on the
social functions and the impact of legal institutions. Property
rights are a field in which this has been very successful. In this
book, economic property rights theories are applied to case law in
order to examine the practice and solution of real life conflicts.
The author examines the economic problems which are dealt with in
these cases and evaluate the courts' decisions from an economic
angle. Cases are examined from across the UK, the US, Germany,
Belgium and Canada to allow international comparisons to be made.
These comparisons reveal that, regardless of the legal system, many
legal issues have similar economic roots and therefore similar
models of economic analysis can be applied. The analysis of these
cases also shows that the discipline of law and economics is not
only successful in developing explanatory models but also useful to
generate better considerations and solutions for legal conflicts in
individual cases. This book aims to bridge the gap between the
academic and professional literature and demonstrate the benefits
of the economic analysis of property rights cases to all those who
are interested in law and economics.
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