Titlebook: Lexeconics; The Interaction of L Gerald Sirkin Book 1981 Martinus Nijhoff Publishing 1981 economics.law and economics.university

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Fee Shifting: An Institutional Change to Decrease the Benefits from Free Riding, individual for the protection of common property resources. Unlike traditional tort remedies, the private attorneys general mechanism entails no attempt to assess damages or compensate victims. Instead, it relies on fee shifting as a means of decreasing the benefits from free riding, that is, the c

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,Comments on “The Toehold Acquisition Doctrine”,scusses several toehold mergers in the industrial area; my comments include some actual examples of toeholds in the entry-regulated sector of banking in which the Antitrust Division has filed a substantial number of suits.

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Law as a Capital Good,already been published, and the literature is growing. The relationship of law and economics is undoubtedly quite strong. It is also a two-way relationship. Laws have demonstrable and predictable effects on the character of economic life, and are, in turn, developed and modified in response to econo

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,Comments on “Law as a Capital Good”,aws, the degree of law enforcement, public respect for law.… It is reasonable to expect that the legal good can be maintained while substituting one input for another. Having made the general point, let me hasten to add that I share Pejovich’s perspective that our society is being debilitated by unp