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 is an introductory book that targets the reader who aspires to apply economic analysis but seeks a technical introduction to its mathematical techniques or a structured elaboration of its philosophical principles. It juxtaposes economic analysis with moral philosophy, political theory, egalitarianism, and other methodological principles. It then presents the…  See more details below

Overview

This is an introductory book that targets the reader who aspires to apply economic analysis but seeks a technical introduction to its mathematical techniques or a structured elaboration of its philosophical principles. It juxtaposes economic analysis with moral philosophy, political theory, egalitarianism, and other methodological principles. It then presents 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 thinking1
1From formal logic to normative reasoning11
2Social welfare versus moral philosophy20
3From political philosophy to game theory37
4The importance of distribution of wealth72
5Coase and Law's irrelevance95
6More failures of Coasean irrelevance112
7Mathematical modeling129
8Confronting uncertainty : basic probability theory154
9Advanced probability : distributions as the shape of randomness175
10How to price uncertainty : finance197
11Finance and probability : options and derivatives225
12Using spreadsheets249
13Statistics283
14Conclusion : importing methodological innovations315
AppMeinhard v. Salmon 249 N.Y. 458 (1928)
AppMathematica notebooks

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