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Book Cover
Book
Author Parisi, Francesco, 1962-

Title The economics of lawmaking / Francesco Parisi, Vincy Fon
Published Oxford ; New York : Oxford University Press, [2009]
©2009

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 MELB  KL 36 Par/Eol  AVAILABLE
Description xv, 329 pages : illustrations ; 25 cm
Contents Lawmaking through legislation : an introduction -- Optimal specificity of laws : rules versus standards -- Optimal timing of legal intervention : lawmaking under uncertainty -- Optimal territorial scope of laws : subsidiarity and legal harmonization -- Lawmaking through adjudication : an introduction -- Litigation and the evolution of legal remedies -- Judicial path-dependence and legal change -- Theories of legal precedent : stare decisis and jurisprudence constante -- Lawmaking through practice : an introduction -- Fostering the emergence of customary law -- Customary law and articulation theories -- Stability and change in customary law -- Lawmaking through agreement : an introduction -- Formation and accession to treaties -- Ratification and reservations : the effects of reciprocity -- The hidden bias of treaty law
Summary "The Economics of Lawmaking explores the relative advantages and limits of alternative sources of law. Francesco Parisi and Vincy Fon explore the process of legal rule production while considering issues of institutional design from a law and economics point of view." "The authors provide a comprehensive overview of the four fundamental sources of law: legislation, judge-made law. customary law, and international law. The defining features of these four sources are then dissected and closely examined using economic analysts and public choice theory. Each part includes an introduction into the lawmaking process for each source, and goes on to discuss such other issues as the optimal specificity of law in legislation to the theories of legal precedent, and to changes in customary lawmaking."--BOOK JACKET
Bibliography Includes bibliographical references (pages 309-321) and index
Subject Legislation -- Economic aspects.
Law -- International unification.
Author Fon, Vincy.
LC no. 2008030832
ISBN 9780195374155 hardback alk. paper
0195374150 hardback alk. paper