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Szerző:Basu, Kaushik
Cím:The republic of beliefs : A new approach to law and economics / Kaushik Basu
Megjelenés:Princeton, US [etc.] : Princeton Univ. Press, [2018], cop. 2018
Terjedelem:XVII, 238 p ; 25 cm
Megjegyzések:Bibliogr.: p. 207-225
The republic of beliefs A leading economist offers a radically new approach to the economic analysis of the law. In The Republic of Beliefs, Kaushik Basu, one of the world's leading economists, 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, most important, considering that laws are simply words on paper, why are they effective? Basu offers a provocative alternative to how the relationship between economics and real-world law enforcement should be understood. Basu summarizes standard, neoclassical law and economics before looking at the weaknesses underlying the discipline. Bringing modern game theory to bear, he develops a "focal point" approach, modeling not just the self-interested actions of the citizens who must follow laws but also the functionaries of the statethe politicians, judges, and bureaucratsenforcing them. He demonstrates the connections between social norms and the law and shows how well-conceived ideas can change and benefit human behavior. For example, bribe givers and takers will collude when they are treated equally under the law. And in food support programs, vouchers should be given directly to the poor to prevent shop owners from selling subsidized rations on the open market. Basu provides a new paradigm for the ways that law and economics interacta framework applicable to both less-developed countries and the developed world. Highlighting the limits and capacities of law and economics, The Republic of Beliefs proposes a fresh way of thinking that will enable more effective laws and a fairer society. Contents: ch. 1 Introduction 1.1.Practice and Discipline 1.2.The Emergence of "Law and Economics" 1.3.Institutions and the Enforcers of Law 1.4.Agenda ch. 2 A Brief History of Law and Economics 2.1.The Law and Its Implementation: Some Examples 2.2.Traditional Law and Economics: A Very Short Introduction 2.3.Game Theory: A Very Short Introduction 2.4.The "Ink on Paper" Critique and the Neoclassical Fallacy ch. 3 The Focal Point Approach to Law and Economics 3.1.The Salience of Beliefs 3.2.A Primer on Focal Point and Equilibrium 3.3.The Law as Focal Point 3.4.The Implementation of Laws 3.5.Focal Curbs ch. 4 The First Mover Advantage 4.1.The Law in the Extensive Form 4.2.Subgame Perfection: A Technical Digression 4.3.Law as Cheap Talk and Burning Money 4.4.Life and Resurrection ch. 5 Social Norms and the Law 5.1.Norms, Laws, and Beliefs 5.2.Social Norms and Multiple Equilibria: Punctuality Contents note continued: 5.3.Discrimination as Focal Point 5.4.Child Labor and the Law 5.5.Citizens, Functionaries, and the Game of Sovereign ch. 6 Law, Politics, and Corruption 6.1.Law, Governance, and Development 6.2.Power and Oppression: Dictatorship, McCarthyism, and Witch Hunts 6.3.Freedom of Speech, With or Without Law 6.4.The Scourge of Corruption ch. 7 Rationality, Law, and Legitimacy 7.1.Beyond Rationality 7.2.Traveler's Dilemma and the Meaning of Rationality 7.3.Focal Point Approach with Behavioral Features 7.4.Interest, Resentment, and Legitimacy ch. 8 Picking Up the Threads 8.1.The Road Ahead 8.2.Statistical Information and Morals 8.3.The Noah's Ark Critique 8.4.Prologue to a Global Constitution 8.5.Coda
ETO jelzet:330
ISBN:978 0 691 17768 7 (kötött)
Tárgyszavak:Közgazdaságtan
Jogtudomány
Etika
Politikatudomány filozófia
Economics.
Jurisprudence.
Ethics.
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