Economic Analysis of the Right of First Refusal

Author: Yuan Jinxiu
Publisher:
Publish Date: 2006-08-01
Features: This book is divided into eight chapters. Chapter 1 analyzes the historical origins and legislative situations of the pre-emptive right both domestically and internationally. The analysis reveals that the pre-emptive right is a legal institution with a long historical tradition, having appeared and been widely practiced in ancient China and having corresponding provisions in many foreign countries. Chapter 2 reflects on the nature theory and legislative philosophy of the pre-emptive right. Chapters 3 and 4 analyze some issues that arise in the specific application of the pre-emptive right. Chapter 5 explores the pre-emptive right under special circumstances. Chapter 6 critiques the legislative status of the pre-emptive right. Chapter 7 conducts a comprehensive analysis of the comprehensive pre-emptive right system using the basic concepts of law and economics. Chapter 8 provides a summary of the entire book.