Law and Economics: Legal Phenomena from an Economic Perspective

Author: Zhang Naigen
Publisher:
Publishing Time: Not available
Features: This book primarily reviews the observations, analyses, and research findings of Western economists on legal phenomena within the concept of "economic empire" over the past two and a half centuries. The author selects Adam Smith's "Lectures on Jurisprudence" as the starting point for this series of reviews. Through discussions of Marx's "Capital," Weber, Coase, Williamson, Stigler, and Demsetz, it presents the theoretical formation, development, and guiding role of comparative institutional economics, law and economics, institutional economics, and microeconomics in our modern society. The systematic review of Coase's law and economics theory is the core content of chapters four to six. Moreover, the last three chapters, whether reviewing Williamson's new institutional economics, Stigler's regulatory economics, or Demsetz's property rights economics, are to varying degrees related to law and economics, although these Western economists had different levels of focus on legal phenomena when studying various economic issues in capitalist society at the time. Readers will find that the first three chapters of the book are essentially reviews of the theoretical origins or precursors of law and economics.