Law and economics
Law and economics or economic analysis of law is the application of economic theory (specifically microeconomic theory) to the analysis of law. Economic concepts are used to explain the effects of law...
Home builder confidence soared to highest level in 12 years as Trump rolls back regulations
The nation's home builders couldn't be happier with President Donald Trump's first move to remove strict environmental rules.
Land law
Land law is the form of law that deals with the rights to use, alienate, or exclude others from land. In many jurisdictions, these kinds of property are referred to as real estate or real property, a...
Economic law
In the legal system of the Soviet Union, economic law was the legal theory and system under which economic relations were a legal discipline independent of criminal law and civil law. In the Law of th...
Property
In the abstract, property is that which belongs to or with something, whether as an attribute or as a component of said thing. In the context of this article, property is one or more components (rathe...
Regulatory economics
Regulatory economics is the economics of regulation, in the sense of the application of law by government or an independent agency for various purposes, such as centrally-planning an economy, remedyin...
Home builder confidence soared to highest level in 12 years as Trump rolls back regulations
The nation's home builders couldn't be happier with President Donald Trump's first move to remove strict environmental rules.
Agency cost
An agency cost is an economic concept concerning the cost to a "principal" (an organization, person or group of persons), when the principal chooses or hires an "agent" to act on its behalf. Because t...
Property Rules, Liability Rules and Inalienability: One View of the Cathedral
Property Rules, Liability Rules and Inalienability: One View of the Cathedral is an article in the scholarly legal literature (Harvard Law Review, Vol.85, p.1089, April 1972), authored by Judge Guido ...
Costly state verification
Costly State Verification (CSV) approach in contract theory considers contract design problem in which verification (or disclosure) of enterprise performance is costly and a lender has to pay a monito...
Okun's law
In economics, Okun's law (named after Arthur Melvin Okun, who proposed the relationship in 1962) is an empirically observed relationship between unemployment and losses in a country's production. The...
Okun's law - Wikipedia
Goods and Services Tax (Hong Kong)
Goods and Services Tax (GST) was a proposed value-added tax in Hong Kong. Consultation over a period of nine months was launched on 19 July 2006 and stirred considerable controversy.It launched a fier...
Private defense agency
A private defense agency (PDA) is a conceptual term for a type of enterprise which would provide personal protection and military defense services to individuals who would voluntarily contract for its...
Judicial economy
Judicial economy refers broadly to the principle that the limited resources of the legal system or a given court should be conserved.
"Judicial economy" most commonly refers to the refusal of a co...
Alternative compensation system
Various alternative compensation systems (ACS) have been proposed as ways to allow the widespread reproduction of digital copyrighted works while still paying the authors and copyright owners of those...
Economics and patents
Patents are legal instruments intended to encourage innovation by providing a limited monopoly to the inventor (or their assignee) in return for the disclosure of the invention. The underlying assumpt...
The Lighthouse in Economics
"The Lighthouse in Economics" is a 1974 academic paper written by British economist Ronald H. Coase.This paper challenges the traditional view that lighthouses are examples of public goods by showing ...
Learned Hand
Billings Learned Hand (/ˈlɜrnɨd/ LURN-id; January 27, 1872 – August 18, 1961) was a United States judge and judicial philosopher. He served on the United States District Court for the Southern Di...
Learned Hand - Wikipedia
Free Culture (book)
Free Culture: How Big Media Uses Technology and the Law to Lock Down Culture and Control Creativity (published in paperback as Free Culture: The Nature and Future of Creativity) is a 2004 book by law ...
Free Culture (book) - Wikipedia
Pure economic loss
Economic loss is a term of art which refers to financial loss and damage suffered by a person such as can be seen only on a balance sheet rather than as physical injury to the person or destruction of...
Anti-competitive practices
Anti-competitive practices are business, government or religious practices that prevent or reduce competition in a market (see restraint of trade).These can include:Also criticized are:
It is usua...
Donald J. Boudreaux
Donald Joseph Boudreaux (born 1958) is an American economist, author and professor. He is publicly known as a libertarian.
Boudreaux received a PhD in economics from Auburn University in 1986 with...
Commercial treaty
A commercial treaty is a formal agreement between states for the purpose of establishing mutual rights and regulating conditions of trade.For example, the Methuen Treaty was a commercial treaty betwee...
Commercial treaty - Wikipedia
Calculus of negligence
In the United States, the calculus of negligence, or Hand rule or Hand formula, is a term coined by Judge Learned Hand and describes a process for determining whether a legal duty of care has been bre...
Competition law
Competition law is a law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcemen...
Competition law - Wikipedia
Property premium
Property premium is the key concept in the system of property-based economics developed by Gunnar Heinsohn, Otto Steiger, and Hans-Joachim Stadermann. It is an insight derived from the legal distincti...
Contract awarding
Contract awarding is the method used during a procurement in order to evaluate the proposals (tender offers) taking part and award the relevant contract. Usually at this stage the eligibility of the p...
Hedonology
Hedonology, (Hedonics) is the study of the impact an injury or incident had on a persons lifestyle.
The Hedonology Institute was developed by Jeffrey Francis Magrowski, Ph.D., CRC, CRE. A trademar...
Deep pocket
Deep pocket is an American slang term; it usually means "extensive financial wealth or resources". It is usually used in reference to big companies or organizations (ex: the American tobacco companies...