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Economics for Lawyers true
By:Richard A. Ippolito
Published on 2005 by Princeton University Press

Whether dealing with contracts, tort actions, or government regulations, lawyers are more likely to be successful if they are conversant in economics. Economics for Lawyers provides the essential tools to understand the economic basis of law. Through rigorous analysis illustrated with simple graphs and a wide range of legal examples, Richard Ippolito focuses on a few key concepts and shows how they play out in numerous applications. There are everyday problems: What is the social cost of legislation enforcing below-market prices, minimum wages, milk regulation, and noncompetitive pricing? Why are matinee movies cheaper than nighttime showings? And then there are broader questions: What is the patent system's role in the market for intellectual property rights? How does one think about externalities like airport noise? Is the free market, a regulated solution, or tort law the best way to deliver the |efficient amount of harm| in the workplace? What is the best approach to the question of economic compensation due to a person falsely imprisoned? Along the way, readers learn what economists mean when they talk about sorting, signaling, reputational assets, lemons markets, moral hazard, and adverse selection. They will learn a new vocabulary and a whole new way of thinking about the world they live in, and will be more productive in their professions.

This Book was ranked at 13 by Google Books for keyword Lawyers.

Book ID of Economics for Lawyers's Books is E8C_3jFbVC4C, Book which was written byRichard A. Ippolitohave ETAG "m39utHeuYcs"

Book which was published by Princeton University Press since 2005 have ISBNs, ISBN 13 Code is 9780691121772 and ISBN 10 Code is 069112177X

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Book which have "421 Pages" is Printed at BOOK under CategoryBusiness and Economics

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