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Handbook of Law and Economics : Volume 1, Hardback Book

Handbook of Law and Economics : Volume 1 Hardback

Edited by A. Mitchell. Polinsky, Steven Shavell

Part of the Handbook of Law and Economics series


Law can be viewed as a body of rules and legal sanctions that channel behavior in socially desirable directions - for example, by encouraging individuals to take proper precautions to prevent accidents or by discouraging competitors from colluding to raise prices. The incentives created by the legal system are thus a natural subject of study by economists. Moreover, given the importance of law to the welfare of societies, the economic analysis of law merits prominent treatment as a subdiscipline of economics. Our hope is that this two volume Handbook will foster the study of the legal system by economists.


  • Format: Hardback
  • Pages: 886 pages
  • Publisher: Elsevier Science & Technology
  • Publication Date:
  • Category: Economics
  • ISBN: 9780444512352



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