Efficiency Instead of Justice? Searching for the Philosophical Foundations of the Economic Analysis of Law /

• Main Authors: Mathis, Klaus (Author), Shannon, Deborah (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Dordrecht : Springer Netherlands, 2009.
• Series: Law and Philosophy Library, 84
• Subjects: Political science.; Philosophy.; Law > Philosophy.; Law.; Economic theory.; Law and economics.; Economics.; Law and Economics.; Theories of Law, Philosophy of Law, Legal History.; Philosophy, general.; Economic Theory/Quantitative Economics/Mathematical Methods.; Political Science.

Economic analysis of law is an interesting and challenging attempt to employ the concepts and reasoning methods of modern economic theory so as to gain a deeper understanding of legal problems. According to Richard A. Posner it is the role of the law to encourage market competition and, where the ma...

Table of Contents:

• Economic Foundations
• Homo Economicus
• Efficiency Criteria
• Economic Analysis of Law
• Philosophical Foundations
• Adam Smith’ Moral Philosophy
• Jeremy Bentham’s Utilitarianism
• John Rawls’s Theory of Justice
• Wealth, Efficiency and Justice
• Richard Posner’s Theory of Wealth Maximization
• Justice and Efficiency
• Conclusions.