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Essays on the Economic Role of Government: Volume 2: Applications

Autor Warren J. Samuels
en Limba Engleză Paperback – 1992
Contains a collection of articles applying fundamental concepts of power, property, regulation and the compensation principle to contemporary topics: the wealth maximization hypothesis, the Coase theorem, public utility regulation, and other topics in law and economics.
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Specificații

ISBN-13: 9781349123797
ISBN-10: 134912379X
Pagini: 369
Ilustrații: X, 369 p.
Dimensiuni: 140 x 216 x 22 mm
Greutate: 0.48 kg
Ediția:1st ed. 1992
Editura: Palgrave Macmillan UK
Colecția Palgrave Macmillan
Locul publicării:London, United Kingdom

Cuprins

Part 1 The wealth maximization hypothesis: maximization of wealth as justice - an essay on posnerian law and economics as policy analysis; posnerian law and economics on the bench; wealth maximization and judicial decision-making - the issues further clarified. Part 2 The coase theorem and rent seeking: the coase theorem and the study of law and economics; a critique of rent-seeking theory. Part 3 Public utility regulation: property rights, equity, and public utility pricing; survival and pareto optimality in public utility rate making; utility late payment charges; the usury issue in public utility late payment charges; public utility rate making and competitive structure - carterfone in jepoardy; on the effect of regulation on value; regulation and valuation. Part 4 Interpretive and critical essays: technology, labor interests, and the law - some fundamental points and problems; interdependence and impacts - toward the integration of externality, pubic goods, and grants theories; the myths of liberty and realities of the corporate state - a review article; anarchism and the theory of power.