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The Economics of Legal Relationships

About the Series

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.

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Economic Analysis of Property Law Cases

Economic Analysis of Property Law Cases

1st Edition

Forthcoming

Boudewijn R. A. Bouckaert
March 19, 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...

Extraterritoriality and International Bribery: A Collective Action Perspective

Extraterritoriality and International Bribery: A Collective Action Perspective

1st Edition

Branislav Hock
September 19, 2019

The book presents a collective action perspective to explain how extraterritoriality functions and assess when, and to what extent, extraterritoriality is effective. A collective action perspective provides a new account of foreign anti-bribery laws and their extraterritorial enforcement that draws...

Law and Economics as Interdisciplinary Exchange: Philosophical, Methodological and Historical Perspectives

Law and Economics as Interdisciplinary Exchange: Philosophical, Methodological and Historical Perspectives

1st Edition

Péter Cserne, Magdalena Małecka
September 05, 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...

Law and Economics of Public Procurement Reforms

Law and Economics of Public Procurement Reforms

1st Edition

Gustavo Piga, Tunde Tatrai
October 16, 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...

Law and Economics: Philosophical Issues and Fundamental Questions

Law and Economics: Philosophical Issues and Fundamental Questions

1st Edition

Aristides N. Hatzis, Nicholas Mercuro
May 25, 2017

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...

Legal Origins and the Efficiency Dilemma

Legal Origins and the Efficiency Dilemma

1st Edition

Nuno Garoupa, Carlos Gómez Ligüerre, Lela Mélon
December 13, 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 '...

Economics and Regulation in China

Economics and Regulation in China

1st Edition

Michael Faure, Guangdong Xu
November 11, 2016

This book, from a top international group of scholars, explores the ways in which economic tools can be used to improve the quality of regulation in general and legislative tools in particular. As the role of law becomes increasingly important in China, the question arises of how effective...

The Applied Law and Economics of Public Procurement

The Applied Law and Economics of Public Procurement

1st Edition

Gustavo Piga, Steen Treumer
June 20, 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...

Law, Bubbles, and Financial Regulation

Law, Bubbles, and Financial Regulation

1st Edition

Erik F. Gerding
May 09, 2016

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...

Public Procurement Policy

Public Procurement Policy

1st Edition

Gustavo Piga, Tunde Tatrai
July 22, 2015

Appropriate laws and regulations are an essential tool 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...

The Role of Law and Regulation in Sustaining Financial Markets

The Role of Law and Regulation in Sustaining Financial Markets

1st Edition

Niels Philipsen, Guangdong Xu
October 07, 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,...

The End of a Natural Monopoly: Deregulation and Competition in the Electric Power Industry

The End of a Natural Monopoly: Deregulation and Competition in the Electric Power Industry

1st Edition

Daniel H. Cole, Peter Grossman
September 12, 2014

This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation followed by panicked re-regulation. This...

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