《THE ECONOMICS OF THE LAW》求取 ⇩

1. Introduction1

PART Ⅰ ECONOMIC CONCEPTS11

2. Property Rights11

Introduction11

Private Property and Efficiency12

Testing the Theory15

Summary25

3. The Coase Theorem27

Conflicting Uses of Property27

The Assumptions Underlying the Coase Theorem32

Summary39

4. Economic Efficiency41

Pareto Optimality41

The Efficiency Version of the Coase Theorem45

Economic Profits and Producers’ Surplus46

Consumers’ Surplus49

The Kaldor-Hicks Criterion57

Distributional Considerations62

PART Ⅱ LAW67

5. Entitlements and their Defence67

6. Property79

Nuisance79

Public Regulation of Land Use88

Compulsory Purchase and Eminent Domain113

7. Tort129

Strict Liability and Negligence133

Contributory and Comparative Negligence138

Risk-aversion and Insurance143

The Economic Formulation of Negligence and the Courts147

Liability in a Market Setting150

8. Contract155

Optimal Promises157

Optimal Breach160

Specific Performance167

Standard-form Contracts173

Neo-institutionalism184

9. The Efficiency of the Common Law194

References210

Index218

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