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The Elgar Companion to Law and Economics, Second Edition

Edited by Jürgen G. Backhaus, Krupp Chair in Public Finance and Fiscal Sociology, Erfurt University, Germany
This thoroughly updated and revised edition of a popular and authoritative reference work introduces the reader to the major concepts and leading contributors in the field of law and economics. The Companion features accessible, informative and provocative entries on all the significant issues, and breaks new ground by bringing together widely dispersed yet theoretically congruent ideas.
Extent: 784 pp
Hardback Price: $360.00 Web: $324.00
Publication Date: 2005
ISBN: 978 1 84542 032 1
Availability: In Stock
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  • Economics and Finance
  • Law and Economics
  • Law - Academic
  • Law and Economics
This thoroughly updated and revised edition of a popular and authoritative reference work introduces the reader to the major concepts and leading contributors in the field of law and economics. The Companion features accessible, informative and provocative entries on all the significant issues, and breaks new ground by bringing together widely dispersed yet theoretically congruent ideas.

Following a comprehensive introduction by the editor, the renowned contributors look in detail at several critical areas including:

• fundamentals of the law and economics approach
• private law and economics
• public law and economics
• labour law and economics
• regulation, taxation and public enterprise
• dispute resolution
• different sources of the law
• economic analysis of a legal problem
• classical authors in law and economics.

Students and scholars interested in a comprehensive and rigorous overview of the field of law and economics will find this volume to be a unique and welcome resource. The Companion will also have a broad appeal amongst industrial economists and historians of economic thought.
Acclaim for the first edition:

‘Backhaus’s book is a good companion.’
– Pablo Salvador Coderch, Indret

‘A most valuable collection of papers serving to provide the reader both with an overview of some key areas in law and economics and with a biographical introduction to the work of some important, if also neglected, sources of scholarship in the discipline.’
– Anthony Ogus, Professor Emeritus, University of Manchester, UK and Erasmus University Rotterdam, the Netherlands
Contributors: J.G. Backhaus, D. Bellante, M. Brinig, C.F. Buechtemann, G. Chaloupek, E. Croci Angelini, A.M. Daastöl, B. Depoorter, W. Drechsler, J.N. Drobak, J.L.M. Elders, F. Farina, G. Frezza, H. Grossekettler, S. Harnay, J.-M. Josselin, P. Lewisch, A. Marciano, G.D. Mattiacci, S.G. Medema, N. Mercuro, T.J. Miceli, C. Müller, A. Nicita, D.C. North, U. Pagano, F. Parisi, H. Pearson, H. Peukert, D. Porrini, M. Prisching, G.B. Ramello, W.J. Samuels, A.A. Schmid, P.R. Senn, Z. Sevic, E. Streissler, M. Tietzel, L. Van den Hauwe, R.E. Wagner, U. Walwei, E. Woerdman, L.B. Yeager
Contents:

Introduction
Jürgen G. Backhaus

Part I: Basics of the Law and Economics Approach
1. Coase Theorem and Transaction Cost Economics in the Law
Francesco Parisi
2. Property Rights and their Partitioning
Christian Müller and Manfred Tietzel
3. Legal Change in Economic Analysis
John N. Drobak and Douglass C. North
4. Positive, Normative and Functional Schools in Law and Economics
Francesco Parisi
5. Commons and Anticommons
Francesco Parisi and Ben Depoorter

Part II: Private Law and Economics
6. The Economics of Tort Law
Giuseppe Dari Mattiacci and Francesco Parisi
7. Family
Margaret Brinig
8. Inheritance
Richard E. Wagner
9. Intellectual Property and the Markets of Ideas
Giovanni B. Ramello
10. Incomplete Contracts and Institutions
Antonio Nicita and Ugo Pagano

Part III: Public Law and Economics
11. Central Bank
Zelijko Sevic
12. Constitutional Economics I
Francesco Farina
13. Constitutional Economics II
Ludwig Van den Hauwe
14. Administrative Law and Economics
Jean-Michel Josselin and Alain Marciano
15. Property
Thomas J. Miceli
16. The European Union’s Institutional Design
Elisabetta Croci Angelini
17. Subsidiarity
Jürgen G. Backhaus

Part IV: Labour Law and Economics
18. Labour Contracts
Don Bellante
19. Company Board Representation
Jürgen G. Backhaus
20. Employment Security through Dismissal Protection: Market versus Policy Failures
Christoph F. Buechtemann and Ulrich Walwei

Part V: Regulation, Taxation and Public Enterprise
21. Structures of Public Enterprise
Jürgen G. Backhaus
22. Environmental Law and Economics
A. Allan Schmid
23. Environmental Policies Choice as an Issue of Informational Efficiency
Donatella Porrini
24. Tradeable Emission Rights
Edwin Woerdman
25. Regulatory Taxation
Jürgen G. Backhaus

Part VI: Dispute Resolution
26. Dispute Resolution
Thomas J. Miceli

Part VI: Different Sources of the Law
27. Judicial Independence
Sophie Harnay
28. General Norms and Customs
Jean-Michel Josselin and Alain Marciano
29. Science as a Source of Law
Peter R. Senn
30. Social Science as a Source of the Law
Peter R. Senn
31. Cognitive Science
John N. Drobak
32. Connections with Law and Society Research
Jürgen G. Backhaus

Part VIII: Towards an Ideal Economic Analysis of a Legal Problem
33. Towards an Ideal Economic Analysis of a Legal Problem
Jürgen G. Backhaus

Part IX: Classical Authors in Law and Economics
34. Cesare Beccaria (1738–94)
Francesco Parisi and Giampaolo Frezza
35. Franz Böhm (1895–1977)
Heinz Grossekettler
36. John R. Commons (1862–1945)
Warren J. Samuels
37. Walter Eucken (1891–1950)
Leland B. Yeager
38. Otto von Gierke (1841–1921)
Jürgen G. Backhaus
39. Augusto Graziani (1865–1938)
Giampaolo Frezza and Francesco Parisi
40. Robert Lee Hale (1884–1969) – Legal Economist
Nicholas Mercuro, Steven G. Medema and Warren J. Samuels
41. Friedrich August von Hayek (1899–1992)
Ludwig Van den Hauwe
42. Theodor Herzl (1860–1904)
Peter R. Senn
43. Rudolf von Jhering (1818–92) and the Economics of Justice
J.L.M. Elders
44. Franz Klein (1854–1926)
Peter Lewisch
45. Etienne Laspeyres (1834–1913)
Wolfgang Drechsler
46. Friedrich List (1789–1846)
Arno Mong Daastöl
47. Achille Loria (1857–1943)
Giampaolo Frezza and Francesco Parisi
48. Karl Marx (1818–83) and Friedrich Engels (1820–95)
Heath Pearson
49. Carl Menger (1840–1921)
Richard E. Wagner
50. Plato (c. 427–349 BC)
Wolfgang Drechsler
51. Wilhelm Roscher (1817–94)
Erich Streissler
52. Emil Sax (1845–1927)
Manfred Prisching
53. Gustav von Schmoller (1838–1917)
Helge Peukert
54. Adam Smith (1723–90)
Helge Peukert
55. Werner Sombart (1863–1941)
Günther Chaloupek
56. Lorenz von Stein (1815–90)
Heinz Grossekettler
57. George Joseph Stigler (1911–92)
Peter R. Senn
58. Pietro Trimarchi (1934–)
Giampaolo Frezza and Francesco Parisi
59. Thorstein Veblen (1857–1929)
Heath Pearson
60. Max Weber (1864–1920)
Helge Peukert
61. Christian Wolff (1679–1754)
Wolfgang Drechsler

Index