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The economics of lawmaking

By: Parisi, Francesco.
Contributor(s): Fon, Vincy.
Material type: materialTypeLabelBookPublisher: Oxford Oxford University Press 2009Description: xv, 329 p.ISBN: 9780195374155.Subject(s): Legislation - Economic aspects | Law - International unificationDDC classification: 340.11 Summary: The Economics of Lawmaking explores the relative advantages and limits of alternative sources of law. Professors Francesco Parisi and Vincy Fon view the sources of law through a law and economics lens, and consider the important issue of institutional design in lawmaking. They consider the respective advantages and proper scope of application of four fundamental sources of law: legislation, judge-made law, customary law, and international law. The defining features of these four sources of law are examined using the formal methods of public choice theory: lawmaking through legislation; lawmaking through adjudication; lawmaking through practice; and lawmaking through agreement. (http://www.oup.com)
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Includes bibliographical references (p. 309-321) and index

The Economics of Lawmaking explores the relative advantages and limits of alternative sources of law. Professors Francesco Parisi and Vincy Fon view the sources of law through a law and economics lens, and consider the important issue of institutional design in lawmaking. They consider the respective advantages and proper scope of application of four fundamental sources of law: legislation, judge-made law, customary law, and international law. The defining features of these four sources of law are examined using the formal methods of public choice theory: lawmaking through legislation; lawmaking through adjudication; lawmaking through practice; and lawmaking through agreement. (http://www.oup.com)

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