Research in law and economics . Vol. 25 [[electronic resource] /] / edited by Richard O. Zerbe, John B. Kirkwood

• Record Nr.: UNINA9910672278103321
• Pubbl/distr/stampa: Bingley, : Emerald, 2012
• ISBN: 1-283-63502-X; 1-78052-899-X
• Descrizione fisica: 1 online resource (246 p.)
• Collana: Research in law and economics, , 0193-5895
• Altri autori (Persone): KirkwoodJohn B; ZerbeRichard O
• Disciplina: 330.05; 340.11
• Soggetti: Law - General; Business & Economics - Economics - General; Legal ethics & professional conduct; Economic theory & philosophy; Law and economics
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: ncludes bibliographical references.
• Nota di contenuto: Introduction / Richard O. Zerbe, John B. Kirkwood -- Market power revisited / Sangin Park -- Accounting profits and Ricardian rents : an application to antitrust enforcement / Tay-Cheng Ma -- Resource distribution in a double lawsuit / Kjell Hausken, Gregory Levitin, Victor Levitin -- Economics of contract interpretation / Xiaojian Zhao -- Legal regime change and innovation : foreign exchange regulations and pharmaceutical sector R&D in India / Sumit K. Majumdar -- How can transaction cost economics help regulators choose between environmental policy instruments? / Douadia Bougherara, Gilles Grolleau, Naoufel Mzoughi -- Economic analysis of allegations in cigarette litigations and the impact of FTC regulation / James Langenfeld, Brad Noffsker.
• Sommario/riassunto: Since 1979 Research in Law and Economics has been presenting original research that explores the extent to which the constraints of law explain economic behavior and the role of economics in forming the law. The first chapter in this volume proposes three different ; definitions for market power from an antitrust perspective. Chapter two suggests a new means of measuring market power by moving away from traditional indicators of averaging industry profits. The third chapter is an analysis of efforts exerted and utilities obtained in a double lawsuit. Chapter four surveys recent developments in economics of contract interpretation. The fifth chapter examines the impact of changes in foreign exchange legislation on the levels of R&D undertaken by pharmaceutical firms in India. Chapter six addresses the role of transaction costs in explaining governance in environmental economics can play in helping choose environmental policy tools.