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Formulation of Appropriate Laws: A New Integrated Multidisciplinary Approach and an Application to Electronic Funds Transfer Regulation

Autor Paul White, Sardar M. N. Islam
en Limba Engleză Paperback – 14 oct 2010
Efficient laws have profound positive social, economic, political and welfare effects. This book develops a new approach to the formulation of efficient laws with an illustrative application to electronic fund transfer regulation in Australia. This approach can be applied to formulate efficient laws, irrespective of social, political and economic organizations of the country under study, which maximize social welfare of the country.
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Specificații

ISBN-13: 9783642091230
ISBN-10: 3642091237
Pagini: 200
Ilustrații: XXI, 178 p.
Dimensiuni: 155 x 235 x 11 mm
Greutate: 0.29 kg
Ediția:Softcover reprint of hardcover 1st ed. 2008
Editura: Springer Berlin, Heidelberg
Colecția Springer
Locul publicării:Berlin, Heidelberg, Germany

Public țintă

Research

Descriere

Formulation of Appropriate Laws: A New Multidisciplinary Modelling Approach and an Application to Electronic Funds Transfer Regulation. Efficient laws have profound positive social, economic, political and welfare effects. As a consequence, the formulation of efficient laws is a central issue in the study, practice and implementation of laws. Fragmented approaches to the formulation of laws such as ‘comparative law analysis’ and ‘welfare economic analysis of laws’ exist in the current literature; they even occasionally rear their heads in the practice and implementation of laws. However, what these authors offer and what is needed, is an integrated approach to help formulate efficient and socially desirable laws – an approach that not only incorporates ‘comparative law analysis’ and ‘welfare economic analysis of laws,’ but also takes into consid- ation other various dimensions of human welfare that are affected by new laws and legal reform. This book presents such an approach using the Electronic Funds Transfer (EFT) regulation in Australia as its vehicle of analysis. The two-pronged approach offered in this book can be applied to formulate efficient laws that maximise the social welfare of the country, irrespective of social, political and economic organisations of the country under study. As such, this book makes several distinct contributions to the literature in law as it: 1. develops a new integrated multi-disciplinary approach using quantitative methods to formulate appropriate laws; 2. applies recent developments in welfare economics; 3.

Cuprins

The EFT System and Regulatory Framework.- An Integrated Multi-Disciplinary Approach.- Comparative Analysis of Substantive Regulations.- Multi-disciplinary Analysis of EFT Regulation: Economic, Ethical and Other Considerations.- An Efficient or Optimal Regulatory Framework.- Summary and Conclusions.

Caracteristici

New approach to the formulation of efficient laws
Quantitative empirical analysis of legal rule formulation
Includes supplementary material: sn.pub/extras