The Pursuit of Justice: Law and Economics of Legal Institutions

The Pursuit of Justice: Law and Economics of Legal Institutions


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The Pursuit of Justice: Law and Economics of Legal Institutions by E. López

The Pursuit of Justice is a thoroughgoing analysis of the bureaucratization and politicization of the U. S. legal system and how the law works in practice rather than in theory. The book looks specifically at how decision makers in the law-judges, lawyers, juries, police, forensic experts, and more-respond to economic incentive structure. By looking at a range of important legal rules, their associated incentive effects, and the resultant outcomes, the authors here shed light on how perverse incentives result in adverse outcomes, while also suggesting institutional reforms that would create a more just and efficient legal system.

Product Details

ISBN-13: 9780230102446
Publisher: Palgrave Macmillan US
Publication date: 07/21/2010
Edition description: 2010
Pages: 304
Product dimensions: 6.20(w) x 9.30(h) x 0.90(d)

About the Author

EDWARD J. LÓPEZ is a research fellow at the Independent Institute and a professor of law and economics at San Jose State University, USA

Table of Contents

List of Illustrations vii

Foreword Robert D. Tollison ix

Acknowledgements xi

1 An Introduction to The Pursuit of Justice Edward J. López 1

2 The Rise of Government Law Enforcement in England Nicholas A. Curott Edward P. Stringham 19

3 Electoral Pressures and the Legal System: Friends or Foes? Russell S. Sobel Matt E. Ryan Joshua C. Hall 37

4 Romancing Forensics: Legal Failure in Forensic Science Administration Roger G. Koppl 51

5 Judicial Checks on Corruption Adriana S. Cordis 71

6 Effects of Judicial Selection on Criminal Sentencing Aleksandar Tomic Jahn K. Hakes 103

7 Economic Development Takings as Government Failure Ilya Somin 123

8 On the Impossibility of "Just Compensation" When Property Is Taken: An Ethical and Epistemic Inquiry John Brätland 145

9 The Lawyer-Judge Hypothesis Benjamin H. Barton 169

10 Class Action Rent Extraction: Theory and Evidence of Legal Extortion Jeffrey Haymond 193

11 Cy Pres and Its Predators Charles N. W. Keckler 217

12 Licensing Lawyers: Failure in the Provision of Legal Services Adam B. Summers 235

Bibliography 255

Notes on Contributors 283

Index 289

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