Legal and Economic Analysis of the Securities Civil Compensation System

Author: Chen Jie
Publisher:
Publish Date: 2004-10-01
Features: Law and economics applies the achievements of modern economics (mainly the achievements of microeconomics) to study the reactions of actors under legal systems and their impact on resource allocation. It is one of the fastest-growing fields in contemporary economics and law. This paper takes the securities civil compensation system as the research object and explores relevant issues in China's securities market regarding civil relief from a legal economic analysis perspective, seeking the economic rationale behind legal rules, with the aim of contributing to the selection of China's securities civil compensation system and research on related issues in the civil and commercial law field. The book is divided into eight chapters:
Chapter 1: Based on the supply and demand principles of microeconomics, it examines in detail the supply and demand factors affecting China's securities civil compensation system, thereby positioning the current supply and demand status of the system. Chapter 2: Starting from the particularity of securities civil compensation cases, centered on the theory of transaction costs, it compares breaches