The Economics of Remedies (Economic Approaches to Law series) - Hardcover

Hardcover

ISBN 10: 0857934481 ISBN 13: 9780857934482

Publisher: Edward Elgar Publishing Ltd, 2012

Synopsis

This essential volume incorporates major contributions made by prominent scholars in the past forty years, which illustrate the understanding of the economics of remedies. The editor has selected seminal articles that analyze the well known distinction between property rules and liability rules and demonstrates its significance. The articles also demonstrate the dilemma of which remedy is the more efficient - damages or specific performance. In addition the collection addresses questions concerning the measure of recovery and the scope of liability, and concludes with the novel topic of partial compensation under uncertainty. This set of indispensable articles, along with an original introduction by the editor, will be of great value to law professors, law students, judges and practicing lawyers interested in law and economics, and economists.

About this title

Review:

‘For lawyers, academics and students immersed in this area, the book provides a fascinating journey. . . Meticulously footnoted throughout, the book is certainly a treasure trove of resource materials for further research in this field if you want to explore it in even greater depth.’ Author: Phillip Taylor and Elizabeth Taylor, The Barrister Magazine

‘This is a wonderful collection of timeless gems and more recent scholarship on the economics of remedies in tort and contract law. All future scholarship in this field must start from this body of work conveniently collected and presented in a single volume that lays the foundation for an integration of analysis in the field of remedies in private law.’ Author: Michael Treblicock, University of Toronto, Canada

‘This volume collects the classic papers on the law and economics of remedies. It should be on the bookshelf of all scholars who write in this important area.’ Author: Eric Posner, University of Chicago, US

From the Author:

Edited by Ariel Porat, Alain Poher Professor of Law, Tel Aviv University, Israel and Fischel-Neil Distinguished Visiting Professor of Law, University of Chicago, US

About this edition

• Publisher: Edward Elgar Publishing Ltd
• Publication date: 2012
• ISBN 10: 0857934481
• ISBN 13: 9780857934482
• Binding: Hardcover
• Number of pages: 696
• Editor: Porat Ariel