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The Economic Dynamics of Law

Driesen, David M.

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ISBN 10: 1107004853 / ISBN 13: 9781107004856
Published by Cambridge University Press
Used Condition: Like New
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2012 - Hardcover - Used - Like New - - Minor shelf-wear on cover. Otherwise, volume un-read with no underlining or highlighting. - -. Bookseller Inventory # NC-03-7-0120

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Title: The Economic Dynamics of Law

Publisher: Cambridge University Press

Book Condition:Like New

About this title

Synopsis:

This book offers a dynamic theory of law and economics focused on change over time, aimed at avoiding significant systemic risks (like financial crises and climate disruption), and implemented through a systematic analysis of law's economic incentives and how people actually respond to them. This theory offers a new vision of law as fundamentally a macro-level enterprise establishing normative commitments and a framework for numerous private transactions, rather than as an analogue to a market transaction. It explains how neoclassical law and economics sparked decades of deregulation culminating in the 2008 financial collapse. It then shows how economic dynamic theory helps scholars and policymakers make wise choices about how to avoid future catastrophes while keeping open a robust set of economic opportunities, with individual chapters addressing the law and economics of financial regulation, contract, property, intellectual property, antitrust, national security, and climate disruption.

Book Description:

This book offers a dynamic theory of law and economics focused on change over time, aimed at avoiding significant systemic risks (like financial crises and climate disruption), and implemented through a systematic analysis of law's economic incentives and how people actually respond to them.

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