An introduction to law and economics / A. Mitchell Polinsky.
Material type: TextPublication details: Boston : Little, Brown, c1989.Edition: 2nd edDescription: xv, 153 p. ; 23 cmISBN:- 0316712787
- 349.73 MIT
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"Bibliographical appendix" (p. 139-148).
Preface xiii
Introduction
1 (6)
The Role of Assumptions
2 (5)
Efficiency And Equity
7 (4)
Is There a Conflict?
7 (4)
The Coase Theorem
11 (4)
Zero Transaction Costs
11 (1)
Positive Transaction Costs
12 (3)
First Application---Nuisance Law
15 (12)
Zero Transaction Costs
17 (1)
Strategic Behavior
18 (3)
Imperfect Information
21 (6)
Second Application---Breach of Contract
27 (12)
A Fully Specified Contract
29 (2)
Efficient Breach
31 (3)
Efficient Reliance
34 (5)
Third Application---Automobile Accidents
39 (14)
The Driver's Care
40 (3)
The Pedestrain's Care
43 (3)
The Activity-Level Issue
46 (7)
Risk Bearing And Insurance
53 (6)
The Bearing of Risk
53 (3)
Insurance
56 (3)
Fourth Application---Breach of Contract Again
59 (8)
Optimal Risk Allocation
60 (2)
The Effects of the Remedies
62 (5)
Fifth Application---Automobile Accidents Again
67 (8)
Private Insurance Not Available
68 (2)
Ideal Insurance Available
70 (2)
Imperfect Insurance Available
72 (3)
Sixth Application---Law Enforcement
75 (12)
The Risk-Neutral Case
77 (2)
The Risk-Averse Case
79 (8)
Competitive Markets
87 (4)
Price Equals Cost
88 (1)
The Efficienty of Competitive Pricing
89 (2)
Seventh Application---Pollution Control
91 (6)
Only Polluters Determine Harm
92 (2)
Victims Also Affect Harm
94 (3)
Eighth Application---Products Liability
97 (10)
Consumers Have Perfect Information
98 (2)
Consumers Underestimate Product Risk
100 (1)
Risk Aversion
101 (3)
Consumers Can Take Care
104 (3)
Ninth Application---Suit, Settlement, And Trial
107 (12)
The Litigation Process
107 (6)
The Analysis of Substantive Legal Rules
113 (6)
Efficiency And Equity Reconsidered
119 (10)
Redistribution by Taxes and Transfers
119 (2)
Can Legal Rules Redistribute Income?
121 (3)
Should Legal Rules Be Used to Redistribute Income?
124 (5)
A Summing Up
129 (6)
The Efficiency-Equity Question
129 (1)
The Incentive Question
130 (2)
The Risk-Allocation Question
132 (3)
Conclusion
135 (4)
The Problem of Valuation
135 (4)
Bibliographical Appendix 139 (10)
Index 149
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