LEADER 03698nam 2200865 450 001 9910460528803321 005 20200520144314.0 010 $a1-60649-585-2 035 $a(CKB)3710000000514052 035 $a(OCoLC)930869156 035 $a(CaBNVSL)swl00405847 035 $a(MiAaPQ)EBC4388928 035 $a(Au-PeEL)EBL4388928 035 $a(CaPaEBR)ebr11152343 035 $a(CaONFJC)MIL852613 035 $a(OCoLC)928989466 035 $a(EXLCZ)993710000000514052 100 $a20151130d2016 fy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 14$aThe economics of civil and common law /$fZagros Madjd-Sadjadi 205 $aFirst edition. 210 1$aNew York, New York (222 East 46th Street, New York, NY 10017) :$cBusiness Expert Press,$d2016. 215 $a1 online resource (viii, 199 pages) 225 1 $aEconomics collection,$x2163-7628 311 $a1-60649-584-4 320 $aIncludes bibliographical references (pages 187-194) and index. 327 $a1. The interaction of law and economics -- 2. Property rights -- 3. Contracts -- 4. Torts -- 5. Organization of the firm and competition law -- 6. Other laws -- Glossary -- Notes -- References -- Index. 330 3 $aLaw is supposed to encourage innovation, morality, and conformity with societal expectations, yet it may provide perverse incentives causing individuals, or even the State, to act in discordant, inefficient, and even immoral ways. It will explore the inefficiencies that are created that serve to deny individuals work and shelter in a haphazard and capricious manner. It will examine property rights, including eminent domain that lets the State take property away with seemingly arbitrary compensation to the owner. Individuals must understand both civil law, codified by statutes, and common law, enshrined in precedential judicial decisions, and why the common law tends to better reduce transactions costs and thus avoid courts entirely. This book is written for economists and noneconomists and has an extensive glossary of economic, political, and legal terms. Two items that are not formally treated in other economics of law textbooks are the legal organization of businesses and tax law from an economics perspective. 410 0$aEconomics collection.$x2163-7628 606 $aLaw and economics 606 $aLaw$xEconomic aspects 608 $aElectronic books. 610 $aadverse selection 610 $aantitrust law 610 $acivil law 610 $aclimate change 610 $aCoase theorem 610 $acommon law 610 $acontracts 610 $acorporate personhood 610 $adeadweight loss 610 $adiscrimination 610 $aexternalities 610 $afamily law 610 $afree trade 610 $ainformation asymmetry 610 $aLaffer curve 610 $amoral hazard 610 $apatents 610 $aPigouvian tax 610 $aprecedent 610 $aprice discrimination 610 $aprincipal-agent program 610 $aproperty rights 610 $aSupreme Court decisions 610 $atax incidence 610 $aTheory of the Firm 610 $atorts 610 $atransaction costs 610 $aunconscionability 615 0$aLaw and economics. 615 0$aLaw$xEconomic aspects. 676 $a340.11 700 $aMadjd-Sadjadi$b Zagros$f1968-,$0908293 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910460528803321 996 $aThe economics of civil and common law$92031454 997 $aUNINA