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Economic Analysis Of Law In India


Economic Analysis Of Law In India
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Economic Analysis Of Law In India


Economic Analysis Of Law In India
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Author : Palanichamy Gurusamy Babu
language : en
Publisher: Oxford University Press, USA
Release Date : 2010

Economic Analysis Of Law In India written by Palanichamy Gurusamy Babu and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Law categories.


"The editors are grateful to the many people who made this project possible. In this respect we refer both to the conference in February 2008 at the Central University in Hyderabad as well as to the publication of the book."--Acknowledgements.



Economic Analysis Of Law


Economic Analysis Of Law
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Author : Bimal N. Patel
language : en
Publisher:
Release Date : 2013

Economic Analysis Of Law written by Bimal N. Patel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Law categories.




Law And Economics In India


Law And Economics In India
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Author : Bimal N. Patel
language : en
Publisher: Taylor & Francis
Release Date : 2016-07-22

Law And Economics In India written by Bimal N. Patel and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-22 with Law categories.


This is one of the first volumes that uses economic tools to analyse and evaluate law and policy in India. Applying economic theories such as incentive analysis, cost–benefit studies, and game theory, the essays in the volume negotiate contentious issues in law including property, contracts, torts, nuclear liability regime, bankruptcy law, criminal law and procedure, constitutional law, administrative law, environmental law, and family law. A radical take on commercial and socio-legal issues in India, this book will greatly interest scholars and researchers of law, political economy, and public policy.



Economic Analysis Of Law


Economic Analysis Of Law
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Author : Vijaykumar, V
language : en
Publisher:
Release Date : 2023

Economic Analysis Of Law written by Vijaykumar, V and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.


Economic Analysis of Law: An Interdisciplinary Approach of Law and Economics in India, is the culmination of the hard work done by Professor V. Vijayakumar, Vice-Chancellor, National Law Institute University, Bhopal (NLIU, Bhopal), and Mr Vivek Ranjan Pandey, Advocate. The book includes scholarly pieces on diverse topics within the legal sphere, such as competition law, labor and employment law, and criminal law, amongst others, from a law and economics perspective. The modern lawyer must keep abreast of the latest developments within this sphere, for it is imperative that he or she has a sound understanding of the economic foundations of the law, especially in a swiftly changing regulatory environment. Litigation in the commercial or regulatory field requires the modern lawyer to grasp wide-ranging concepts from microeconomics, such as efficiency, optimality, the Coase theorem, and the Pareto and Kaldorparadigms, quickly, and to employ these concepts in a coherent fashion in order to present his or her case ably. Furthermore, law and economics are evolving and are now using insights not merely from the neo-classical branch of economics but also from the behavioral branch, where the idea of homo economicus, an entity that is able to make perfectly rational decisions using complex mathematical rules to calculate the benefits and costs arising from the choices in front of him, has been displaced by a more rational entity, possessing cognitive limitations and biases, as the basic unit of economic analysis. Therefore, it is important to engage with critical and up-to-date literature on law and economics to understand the complexity as well as gauge the economic nuances that underpin these laws. This book will be a useful aid to lawyers, academicians, and all interested individuals, and will precipitate an outpouring of more research into this area, which, up till now, has seen its major proponents come from scholars based in the United States, such as the Nobel Prize-winning economists Friedrich August von Hayek, Herbert Simon, and Richard Thaler, amongst others.



Economic Analysis Of Law And Governance


Economic Analysis Of Law And Governance
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Author : Ranita Nagar
language : en
Publisher:
Release Date : 2022

Economic Analysis Of Law And Governance written by Ranita Nagar and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with Commercial law categories.




Law And Economics


Law And Economics
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Author : Satish K. Jain
language : en
Publisher: Oxford University Press, USA
Release Date : 2010

Law And Economics written by Satish K. Jain and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Law and economics categories.


Economic analysis of law has been preoccupied by considerations of efficiency and often regards values and individual preferences to be independent of social institutions. This volume analyzes the flaws in such an approach by pointing out the incommensurability of fundamental societal values in the context of the institutional structure. Given that individual preferences and values and social values impact each other in the context of an institutional structure, the book recognizes that a comprehensive theory of law must contend with (i) whether the institutional structure admits an equilibrium of individual and social values; and (ii) if there is an equilibrium, then what the extent of divergence is under it between the realized social values and the desired values.



Economic Analysis Of Law


Economic Analysis Of Law
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Author : Richard A. Posner
language : en
Publisher:
Release Date : 1977

Economic Analysis Of Law written by Richard A. Posner and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with categories.




Foundations Of Economic Analysis Of Law


Foundations Of Economic Analysis Of Law
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Author : Steven Shavell
language : en
Publisher: Harvard University Press
Release Date : 2009-07-01

Foundations Of Economic Analysis Of Law written by Steven Shavell and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-07-01 with Law categories.


What effects do laws have? Do individuals drive more cautiously, clear ice from sidewalks more diligently, and commit fewer crimes because of the threat of legal sanctions? Do corporations pollute less, market safer products, and obey contracts to avoid suit? And given the effects of laws, which are socially best? Such questions about the influence and desirability of laws have been investigated by legal scholars and economists in a new, rigorous, and systematic manner since the 1970s. Their approach, which is called economic, is widely considered to be intellectually compelling and to have revolutionized thinking about the law. In this book Steven Shavell provides an in-depth analysis and synthesis of the economic approach to the building blocks of our legal system, namely, property law, tort law, contract law, and criminal law. He also examines the litigation process as well as welfare economics and morality. Aimed at a broad audience, this book requires neither a legal background nor technical economics or mathematics to understand it. Because of its breadth, analytical clarity, and general accessibility, it is likely to serve as a definitive work in the economic analysis of law.



Economic Analysis Of Liability Rules


Economic Analysis Of Liability Rules
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Author : Satish Kumar Jain
language : en
Publisher: Springer
Release Date : 2014-12-01

Economic Analysis Of Liability Rules written by Satish Kumar Jain and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-12-01 with Law categories.


This book focuses on the analysis of liability rules of tort law from an efficiency perspective, presenting a comprehensive analysis of these rules in a self-contained and rigorous yet accessible manner. It establishes general results on the efficiency of liability rules, including complete characterizations of efficient liability rules and efficient incremental liability rules. The book also establishes that the untaken precaution approach and decoupled liability are incompatible with efficiency. The economic analysis of tort law has established that for efficiency it is necessary that each party to the interaction must be made to internalize the harm resulting from the interaction. The characterization and impossibility theorems presented in this book establish that, in addition to internalization of the harm by each party, there are two additional requirements for efficiency. Firstly, rules must be immune from strategic manipulation. Secondly, rules must entail closure with respect to the parties involved in the interaction giving rise to the negative externality, i.e., the liability must not be decoupled.



Economic Analysis Of Tort Law


Economic Analysis Of Tort Law
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Author : Malabika Pal
language : en
Publisher: Taylor & Francis
Release Date : 2019-09-02

Economic Analysis Of Tort Law written by Malabika Pal and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-02 with Law categories.


This book looks at the negligence concept of tort law and studies the efficiency issue arising from the determination of negligence. It does so by scrutinizing actual court decisions from three common law jurisdictions – Britain, India and the United States of America. This volume fills a very significant gap, scrutinizing 52 landmark judgments from these three countries, by focussing on the negligent affliction of economic loss determined by common law courts and how these findings relate to the existing theoretical literature. By doing so, it examines the formalization of legal concepts in theory, primarily the question of negligence determination and liability, and their centrality in theories concerning tort law. This book will be very helpful for students, professors and practitioners of law, jurisprudence and legal theory. It will additionally be of use to researchers and academics interested in law and economics, procedure and legal history.