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Principles and Methods of Law and Economics: Enhancing Normative Analysis
     

Principles and Methods of Law and Economics: Enhancing Normative Analysis

by Nicholas L. Georgakopoulos
 

ISBN-10: 0521826810

ISBN-13: 9780521826815

Pub. Date: 07/31/2005

Publisher: Cambridge University Press

This introductory book targets the reader who has the ambition to apply economic analysis but may be missing a technical introduction to its mathematical techniques or seeks a structured elaboration of its philosophical principles. The text juxtaposes economic analysis with moral philosophy, political theory, egalitarianism, and other methodological principles and

Overview

This introductory book targets the reader who has the ambition to apply economic analysis but may be missing a technical introduction to its mathematical techniques or seeks a structured elaboration of its philosophical principles. The text juxtaposes economic analysis with moral philosophy, political theory, egalitarianism, and other methodological principles and then progresses to the details of methods such as model-building, derivatives, differential equations, statistical tests, and the use of computer programs.

Product Details

ISBN-13:
9780521826815
Publisher:
Cambridge University Press
Publication date:
07/31/2005
Pages:
392
Product dimensions:
5.98(w) x 8.98(h) x 0.98(d)

Table of Contents

Introduction: innovation in legal thinking; Part I. Principles: 1. From formal logic to normative reasoning; 2. Social welfare versus moral philosophy; 3. From political philosophy to game theory; 4. The importance of distribution of wealth; 5. Coase and law's irrelevance; 6. More failures of coasean irrelevance; Part II. Methods: 7. Mathematical modelling; 8. Confronting uncertainty: basic probability theory; 9. Advanced probability: distributions as the shape of randomness; 10. How to price uncertainty: finance; 11. Finance and probability: options and derivatives; 12. Using spreadsheets; 13. Statistics; 14. Conclusion: importing methodological innovations.

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