ABSTRACT
The economic analysis of legal and regulatory issues need not be limited to the neoclassical economic approach. The expert contributors to this work employ a variety of heterodox legal-economic theories to address a broad range of legal issues. They demonstrate how these various approaches can lead to very different conclusions concerning the role of the law and legal intervention in a wide array of contexts. The schools of thought and methodologies represented here include institutional economics, new institutional economics, socio-economics, social economics, behavioral economics, game theory, feminist economics, Rawlsian economics, radical economics, Austrian economics, and personalist economics. The legal and regulatory issues examined include anti-trust and competition, corporate governance, the environment and natural resources, land use and property rights, unions and collective bargaining, welfare benefits, work-time regulation and standards, sexual harassment in the workplace, obligations of employers and employees to each other, crime, torts, and even the structure of government. Each contributor brings a different emphasis and provides thoughtful, sometimes provocative analysis and conclusions. Together, these heterodox insights will provide valuable supplementary reading for courses in law and economics as well as public policy and business courses at both the graduate and undergraduate levels.
TABLE OF CONTENTS
part 1|23 pages
Introduction: New Approaches to Law and Economics
part 2|74 pages
Legal Issues Concerning Firms and Market Structure
part 3|100 pages
Legal Issues Concerning Natural Resources, the Environment, and Land Use
chapter 6|30 pages
A Comparative Institutional Approach to Law and Economics
chapter 7|30 pages
Property and Politics in the Hudson Valley
chapter 8|38 pages
Prior Questions
part 4|149 pages
Legal Issues Concerning Labor, Employment, and Unemployment
chapter 10|27 pages
Personalist Economics, Justice, and the Law
chapter 13|40 pages
Efficient But Not Equitable
part 5|80 pages
Other Legal Issues