The Economics of Lawmaking by Francesco Parisi (English) Hardcover Book

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The Economics of Lawmaking by Francesco Parisi, Vincy Fon Estimated delivery 3-12 business days Format Hardcover Condition Brand New Description The Economics of Lawmaking explores the relative advantages and limits of alternative sources of law. Professors Francesco Parisi and Vincy Fon view the sources of law through a law and economics lens, and consider the important issue of institutional design in lawmaking. They consider the respective advantages and proper scope of application of four fundamental sources of law: legislation, judge-made law, customary law, and international law. The defining features of these four sources of law are examined using the formal methods of public choice theory: lawmaking through legislation; lawmaking through adjudication; lawmaking through practice; and lawmaking through agreement. This book begins by examining the sources of law dependent on collective political decision-making, such as legislation. Multiple issues are considered, such as optimal specificity of law, optimal timing of legal intervention and optimal territorial scope of law, and include a thorough discussion on the sources of law derived from judges' decisions, such as common law. Parisi and Fon provide an extensive study on the roles of litigation and judicial path-dependence on judge-made law, biases in the evolution of legal remedies through litigation, and the effect of alternative doctrines of legal precedent, such as stare decisis and jurisprudence constante. They also consider the customary sources of law, with special attention on the mechanisms that determine their emergence and evolution, and explore sources of law derived from international treaties and conventions. The Economics of Lawmaking is the first systematic law and economics treatment of this field and will shed new light on the process of lawmaking. Publisher Description The Economics of Lawmaking explores the relative advantages and limits of alternative sources of law. Professors Francesco Parisi and Vincy Fon view the sources of law through a law and economics lens, and consider the important issue of institutional design in lawmaking. They consider the respective advantages and proper scope of application of four fundamental sources of law: legislation, judge-made law, customary law, and international law. The definingfeatures of these four sources of law are examined using the formal methods of public choice theory: lawmaking through legislation; lawmaking through adjudication; lawmaking through practice; and lawmakingthrough agreement. This book begins by examining the sources of law dependent on collective political decision-making, such as legislation. Multiple issues are considered, such as optimal specificity of law, optimal timing of legal intervention and optimal territorial scope of law, and include a thorough discussion on the sources of law derived from judges' decisions, such as common law. Parisi and Fon provide an extensive study on the roles of litigation and judicialpath-dependence on judge-made law, biases in the evolution of legal remedies through litigation, and the effect of alternative doctrines of legal precedent, such as stare decisis and jurisprudenceconstante. They also consider the customary sources of law, with special attention on the mechanisms that determine their emergence and evolution, and explore sources of law derived from international treaties and conventions. The Economics of Lawmaking is the first systematic law and economics treatment of this field and will shed new light on the process of lawmaking. Author Biography Francesco Parisi is a Professor of Law at the University of Minnesota Law School and a Professor of Economics at the University of Bologna, Department of Economics. In 2002, he was appointed Professore Ordinario per Chiara Fama at the University of Milan (Statale) where he held a Chair in Private Law. From 1993 to 2006, he taught at George Mason University where he served as Professor of Law & Director of the Law and EconomicsProgram and as an Associate Director of the J.M. Buchanan Center for Political Economy. Professor Parisi received his D.Jur. degree from the University of Rome "La Sapienza", an LL.M., a J.S.D. and an M.A. degree in Economics from theUniversity of California at Berkeley and a Ph.D in Economics from George Mason University. He is the author of ten books and over one-hundred and fifty papers in the field of law and economics. Professor Parisi currently serves as Editor-in-Chief of the Review of Law and Economics and the Supreme Court Economic Review. He is a member of the board of editors of the International Review of Law and Economics, the journal of Public Choice, and the AmericanJournal of Comparative Law.Vincy Fon teaches Economics at the George Washington University and received her PhD in economics from the University of Kansas. Her research areas include law and economics and applied microeconomics. Among other courses, she teaches graduate microeconomics, undergraduate law and economics, and undergraduate game theory. She has served as a program director in the economics program at the National Science Foundation and as a consultant for the World Bank. Details ISBN 0195374150 ISBN-13 9780195374155 Title The Economics of Lawmaking Author Francesco Parisi, Vincy Fon Format Hardcover Year 2009 Pages 352 Publisher Oxford University Press Inc GE_Item_ID:137017677; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. 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