*Handbook of Law and Economics 1

ISBN
9780444512352
886 Pagina's
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Introduction to the Series v
Contents of the Handbook vii
Preface xi
PART I: Primary Elements of the Legal System
1(496)
Contract Law
3(136)
Benjamin E. Hermalin
Avery W. Katz
Richard Craswell
Introduction
7(11)
The economic motive for contracts
7(6)
Law & economics issues in contracting
13(4)
What this chapter is not
17(1)
Organization of the chapter
18(1)
Freedom of contract
18(39)
Freedom of contract defined
19(2)
The economic case for freedom of contract
21(9)
The economic case against freedom of contract
30(16)
Other arguments for regulating private contracts
46(2)
Legal doctrines regulating freedom of contract
48(9)
Formation of contracts
57(11)
Pre-contractual behavior
58(3)
Avoiding miscommunication
61(1)
Legal doctrines addressing contract formation
62(6)
Interpretation of contracts: contractual incompleteness
68(31)
Modeling incomplete contracts
68(7)
The sources of contractual incompleteness
75(5)
Consequences of contractual incompleteness
80(6)
Legal doctrines addressing contractual incompleteness
86(13)
Overall assessment of the law of contract interpretation
99(1)
Enforcement of contracts
99(28)
General issues in enforcement
99(3)
Monetary damages for breach of contract
102(13)
Complications in determining monetary damages
115(5)
Private enforcement of contracts
120(6)
Other law bearing on contract enforcement
126(1)
Conclusions
127(12)
References
128(11)
Liability for Accidents
139(44)
Steven Shavell
Introduction
142(1)
Part A: Central theory of liability
142(1)
Incentives
143(4)
Unilateral accidents and levels of care
143(1)
Bilateral accidents and levels of care
144(2)
Unilateral accidents, levels of care, and levels of activity
146(1)
Bilateral accidents, levels of care, and levels of activity
147(1)
Risk-bearing and insurance
147(4)
First-best solution to the accident problem
148(1)
The accident problem given liability but in the absence of insurance
148(1)
The accident problem given liability in the presence of insurance
149(2)
Administrative costs
151(5)
Volume of suit
151(2)
Level of care and volume of suit
153(1)
Comments