Fairness in Law and Economics: 40 (Economic Approaches to Law series) - Hardcover

Hardcover

ISBN 10: 178100529X ISBN 13: 9781781005293

Publisher: Edward Elgar Publishing Ltd, 2013

Synopsis

Although the relationship between fairness and the economic concept of efficiency is usually cast as an adversarial one, this collection demonstrates the robust and diverse ways in which economics engages - and cannot avoid engaging - with fairness. Part I contains papers presenting positive analyses of fairness preferences and beliefs, which are fundamental means through which fairness matters for economic models. Part II turns to normative analysis and the broad question of how law should reconcile fairness and efficiency considerations. Part III presents a sampling of legal and policy applications in which both fairness and efficiency considerations prove important. Along with an original introduction by the editors this is a must-have volume that will appeal to students, academics and practitioners who are interested in this exciting field.

About this title

Review:

A growing literature probes the relationship between fairness and economic analysis, including work by luminaries such as Arrow and Sen. Fairness in Law and Economics provides an invaluable collection of the key papers on fairness by economists and legal scholars. This volume would be a great starting point for anyone interested in the field. --- Daniel A. Farber, University of California at Berkeley, US

From the Author:

Edited by Lee Anne Fennell, Max Pam Professor of Law and Herbert and Marjorie Fried Research Scholar, University of Chicago Law School, US and Richard H. McAdams, Bernard D. Meltzer Professor of Law and Aaron Director Research Scholar, University of Chicago Law School, US

About this edition

• Publisher: Edward Elgar Publishing Ltd
• Publication date: 2013
• ISBN 10: 178100529X
• ISBN 13: 9781781005293
• Binding: Hardcover
• Number of pages: 896
• Editor: Fennell Lee Anne, McAdams Richard H.