Law and Economics

Introduction;; 1: Perspectives on Efficiency of Common Law, POSNER, RICHARD A.; Wealth Maximization Revisited; RUBIN, PAUL H. Why is the Common Law Efficient?;; 2: Alternative Formulations of the Notion of Negligence, BROWN, JOHN PRATHER; Toward an Economic Theory of Liability, GRADY, MARK F.; A New Positive Economic Theory of Negligence, JAIN, SATISH K.; Efficiency of Liability Rules: A Reconsideration;; 3: Liability Rules: Efficiency and Some Strategic Aspects, DEMSETZ, HAROLD; When Does the Rule of Liability Matter?, JAIN, SATISH K. and SINGH, RAM; Efficient Liability Rules: Complete Characterization, BROWN, JOHN PRATHER and HOLAHAN, WILLIAM L.; Taxes and Legal Rules for the Control of Externalities When There Are Strategic Responses, ENDRES, ALFRED; Strategic Behavior under Tort Law;; 4: Law and Economics of Child Labour, BASU, KAUSHIK; Compacts, Conventions, and Codes: Initiatives for Higher International Labor Standards, HUMPHRIS JANE; Child Labor: Lessons from the Historical Experience of Today's Industrial Economies,; 5: Law, Liability and Regulation, SHAVELL, STEVEN; Liability for Harm versus Regulation of Safety, POSNER, ERIC A.; Standards, Rules, and Social Norms;; 6: Law, Governance and Values, SUNSTEIN CASS R.; Conflicting Values in Law, SEN A.K.; Democracy as a Universal Value.