Failure of Judges and the Rise of Regulators

Name: Failure of Judges and the Rise of Regulators
Price: 46.13 USD
Availability: InStock
ISBN: 9780262016957

ISBN-10: 0262016958

ISBN-13: 9780262016957

Edition: 2012

Authors: Andrei Shleifer

List price: $44.00

30 day, 100% satisfaction guarantee!

Marketplace

2 new & used from $46.13

what's this?

Rush Rewards U
Members Receive:

You have reached 400 XP and carrot coins. That is the daily max!

Description:

Government regulation is ubiquitous today in rich and middle-income countries--present in areas that range from workplace conditions to food processing to school curricula--although standard economic theories predict that it should be rather uncommon. In this book, Andrei Shleifer argues that the ubiquity of regulation can be explained not so much by the failure of markets as by the failure of courts to solve contract and tort disputes cheaply, predictably, and impartially. When courts are expensive, unpredictable, and biased, the public will seek alternatives to dispute resolution. The form this alternative has taken throughout the world is regulation. The Failure of Judges and the Rise of…

Book details

List price: $44.00
Copyright year: 2012
Publisher: MIT Press
Publication date: 1/6/2012
Binding: Hardcover
Pages: 352
Size: 6.50" wide x 9.50" long x 1.00" tall
Weight: 1.342

Andrei Shleifer is Professor of Economics at Harvard University.



Acknowledgments



The Enforcement Theory of Regulation



Judicial Fact Discretion




The Evolution of Common Law




The Evolution of a Legal Rule




Courts




The Rise of the Regulatory State




Coase versus the Coasians




Legal Origins




The Extent of the Market and the Supply of Regulation




The Regulation of Entry



Notes


References


Index