Analytical Methods - Folge 9: Law and Economics I

Analytical Methods - Folge 9: Law and Economics I

Vorlesung Methodenlehre
1 Stunde 52 Minuten

Beschreibung

vor 5 Jahren
Law and Economics I - The basic idea of Law and Economics; Positive
and normative Law and Economics; History of Law and Economics;
Importance for jurists and lawyers; Property rights; Bargaining and
efficiency; The externality problem; Solutions to the externality
problem; Which legal measure to take?; The Coase theorem; The
Coase's invariance thesis; Coase's efficiency thesis; Pareto
efficiency and Kaldor-Hicks efficiency; Coase's assumptions;
Challenges to the Coase theorem; Transaction costs; Consequences of
high transaction costs; The (political) program of Law and
Economics.

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