Routledge are proud to be the publishers of the prestigious series The Economics of Legal Relationships, which is sponsored by Michigan State University College of Law, and which continues to be edited by Professors Nicholas Mercuro of Michigan State University College of Law and Michael D. Kaplowitz of the Department of Community Sustainability, Michigan State University, USA. This series, with a fine back catalogue of books, is dedicated to publishing original scholarly contributions that systematically analyze legal-economic issues.
By Wm. Dennis Huber
August 01, 2022
This book is a continuation of Corporate Law and the Theory of the Firm: Reconstructing Corporations, Shareholders, Directors, Owners, and Investors. The author extends his analysis of contract law, property law, agency law, trust law, and corporate statutory law and applies that analysis to defy ...
By Wm. Dennis Huber
December 13, 2021
Dozens of judicial opinions have held that shareholders own corporations, that directors are agents of shareholders, and even that directors are trustees of shareholders’ property. Yet, until now, it has never been proven. These doctrines rest on unsubstantiated assumptions. In this book the ...
By Boudewijn R. A. Bouckaert
March 17, 2020
The discipline of law and economics has earned a reputation for developing plausible and empirically testable theories on the social functions and the impact of legal institutions. Property rights are a field in which this has been very successful. In this book, economic property rights theories ...
Edited
By Péter Cserne, Magdalena Małecka
September 09, 2019
Law and Economics is an established field of research and arguably one of the few examples of a successful interdisciplinary project. This book explores whether, or to what extent, that interdisciplinarity has indeed been a success. It provides insights on the foundations and methods, achievements ...
Edited
By Gustavo Piga, Tunde Tatrai
October 19, 2017
Appropriate laws and regulations are essential tools to direct the action of procurers toward the public good and avoid corruption and misallocation of resources. Common laws and regulations across regions, nations and continents potentially allow for the further opening of markets and ventures to ...
By Nuno Garoupa, Carlos Gómez Ligüerre, Lela Mélon
December 14, 2016
Economists advise that the law should seek efficiency. More recently, it has been suggested that common law systems are more conducive of economic growth than code-based civil law systems. This book argues that there is no theory to support such statements and provides evidence that rejects a '...
Edited
By Gustavo Piga, Steen Treumer
August 19, 2016
This book explores Public Procurement novelties and challenges in an interdisciplinary way. The process whereby the public sector awards contracts to companies for the supply of works, goods or services is a powerful instrument to ensure the achievement of new public goals as well as an efficient ...
Edited
By Aristides Hatzis, Nicholas Mercuro
January 28, 2015
The Law and Economics approach to law dominates the intellectual discussion of nearly every doctrinal area of law in the United States and its influence is growing steadily throughout Europe, Asia, and South America. Numerous academics and practitioners are working in the field with a flow of ...
Edited
By Niels Philipsen, Guangdong Xu
October 27, 2014
This book explores the role of law and regulation in sustaining financial markets in both developed and developing countries, particularly the European Union, United States and China. The central argument of this book is that law matters for the operation of financial markets, which, in turn, ...
Edited
By Bruno Deffains, Thierry Kirat
May 30, 2014
The aim of the book is to highlight the law and economics issues confronting civil law countries. The following questions are addressed in this volume: to what extent have the existing codes in civil law countries been designed to incorporate economic considerations? Can the modifications made to ...
Edited
By Nicholas Mercuro, Warren J. Samuels
May 16, 2014
This collection of 22 commissioned essays from scholars across numerous fields responded to the question: What are the most fundamental things you can say concerning the interrelations between the institutions of government and property? Contributing authors were asked to address this question in a...
By Erik Gerding
December 04, 2013
Financial regulation can fail when it is needed the most. The dynamics of asset price bubbles weaken financial regulation just as financial markets begin to overheat and the risk of crisis spikes. At the same time, the failure of financial regulations adds further fuel to a bubble. This book ...