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E-raamat: Republic of Beliefs: A New Approach to Law and Economics

  • Formaat: 264 pages
  • Ilmumisaeg: 12-Jun-2018
  • Kirjastus: Princeton University Press
  • Keel: eng
  • ISBN-13: 9781400889358
  • Formaat - EPUB+DRM
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  • Formaat: 264 pages
  • Ilmumisaeg: 12-Jun-2018
  • Kirjastus: Princeton University Press
  • Keel: eng
  • ISBN-13: 9781400889358

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A leading economist offers a radically new approach to the economic analysis of the law

The Republic of Beliefs argues that the traditional economic analysis of the law has significant flaws and has failed to answer certain critical questions satisfactorily. Why are good laws drafted but never implemented? When laws are unenforced, is it a failure of the law or the enforcers? And, considering that laws are simply words on paper, why are they effective? Offering a provocative alternative to how the relationship between economics and real-world law enforcement is commonly understood, Kaushik Basu demonstrates the connections between social norms and the law and shows how well-conceived ideas can change and benefit human behavior. The Republic of Beliefs provides a new paradigm that will enable better laws and a fairer society.

Arvustused

"One of Diane Coyle's Best Economic Books of 2018"

Preface xi
Chapter 1 Introduction
1(13)
1.1 Practice and Discipline
1(5)
1.2 The Emergence of "Law and Economics"
6(1)
1.3 Institutions and the Enforcers of Law
7(2)
1.4 Agenda
9(5)
Chapter 2 A Brief History of Law and Economics
14(24)
2.1 The Law and Its Implementation: Some Examples
14(5)
2.2 Traditional Law and Economics: A Very Short Introduction
19(7)
2.3 Game Theory: A Very Short Introduction
26(7)
2.4 The "Ink on Paper" Critique and the Neoclassical Fallacy
33(5)
Chapter 3 The Focal Point Approach to Law and Economics
38(32)
3.1 The Salience of Beliefs
38(4)
3.2 A Primer on Focal Point and Equilibrium
42(5)
3.3 The Law as Focal Point
47(8)
3.4 The Implementation of Laws
55(8)
3.5 Focal Curbs
63(7)
Chapter 4 The First Mover Advantage
70(16)
4.1 The Law in the Extensive Form
70(2)
4.2 Subgame Perfection: A Technical Digression
72(3)
4.3 Law as Cheap Talk and Burning Money
75(6)
4.4 Life and Resurrection
81(5)
Chapter 5 Social Norms and the Law
86(34)
5.1 Norms, Laws, and Beliefs
86(3)
5.2 Social Norms and Multiple Equilibria: Punctuality
89(5)
5.3 Discrimination as Focal Point
94(10)
5.4 Child Labor and the Law
104(6)
5.5 Citizens, Functionaries, and the Game of Sovereign
110(10)
Chapter 6 Law, Politics, and Corruption
120(25)
6.1 Law, Governance, and Development
120(3)
6.2 Power and Oppression: Dictatorship, McCarthyism, and Witch Hunts
123(8)
6.3 Freedom of Speech, With or Without Law
131(6)
6.4 The Scourge of Corruption
137(8)
Chapter 7 Rationality, Law, and Legitimacy
145(30)
7.1 Beyond Rationality
145(5)
7.2 Travelers Dilemma and the Meaning of Rationality
150(5)
7.3 Focal Point Approach with Behavioral Features
155(8)
7.4 Interest, Resentment, and Legitimacy
163(12)
Chapter 8 Picking Up the Threads
175(32)
8.1 The Road Ahead
175(4)
8.2 Statistical Information and Morals
179(5)
8.3 The Noah's Ark Critique
184(6)
8.4 Prologue to a Global Constitution
190(12)
8.5 Coda
202(5)
References 207(20)
Name Index 227(6)
Subject Index 233
Kaushik Basu is professor of economics and the Carl Marks Professor of International Studies at Cornell University. His books include Beyond the Invisible Hand (Princeton) and Prelude to Political Economy.