Costs and Cautionary Tales: Economic Insights for the Law

The Aim Of This Book Is To Provide An Overview Of How Economic Analysis Can Enrich An Understanding Of Law And Can Provide Standards For Its Critical Evaluation. It Eschews A Dogmatic Approach, Acknowledging That Non-economic Goals Play An Important Part In The Law. It Is Directed Primarily At Lawyers And Law Students, Particularly Those Who Hitherto Have Been Sceptical Of The Uses And Value Of Law And Economics. It Is Not A Conventional Textbook In The Sense That It Does Not Deal Systematically With Different Areas Of Law. Rather Each Chapter Is Built On A Particular Theme Or Set Of Themes, With Examples Drawn From Across Legal Categories. The Approach Is Discursive, Anecdotal And Analytical, Reflecting The Ideas And Convictions Developed During The Author's 30 Years Working In The Field Of Law And Economics.--bloomsbury Publishing. 1. Setting The Scene. 2. Law And Wealth Creation. 3. The Structure Of The Law. 4. Implicit Pricing And Behavioural Incentives. 5. Risk Allocation And Risk Management. -- 6. Corrective Justice : Damage, Causation And Responsibility -- 7. Wrongdoing And Welfare Maximisation -- 8. Protecting The Disadvantaged. -- 9. Lawyers And Their Influence On The Law. -- 10. Conclusions : Is There An Economist In The House? Anthony Ogus. Description Based Upon Print Version Of Record. Includes Bibliographical References And Index. Also Issued In Print. English