Handbook of Law and Economics

Handbook of Law and Economics

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Law can be viewed as a body of rules and legal sanctions that channel behavior in socially desirable directions -- for example, by encouraging individuals to take proper precautions to prevent accidents or by discouraging competitors from colluding to raise prices. The incentives created by the legal system are thus a natural subject of study by economists. Moreover, given the importance of law to the welfare of societies, the economic analysis of law merits prominent treatment as a subdiscipline of economics. This two volume Handbook is intended to foster the study of the legal system by economists. *The two volumes form a comprehensive and accessible survey of the current state of the field. *Chapters prepared by leading specialists of the area. *Summarizes received results as well as new developments.Moreover, while there may be some heterogeneity among the employer samples tested by each pair, even after random ... able to use identical sets of resumes, which would not have been possible had they been visiting the same employers. 97 Another concern, ... occupational categoriesa€”sales, clerical services, and administrative supporta€”while Pagera#39;s study includes entry-level sales and clerical positions, restaurant and warehouse jobs, customer service positions, and cashiers.

Title:Handbook of Law and Economics
Author:A. Mitchell Polinsky, Steven Shavell
Publisher:Elsevier - 2007


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