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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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Principles and Methods of Law and Economics: Enhancing Normative Analysis

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ISBN13: 9780521534116
ISBN: 0521534119
Published: November 2005
Publisher: Cambridge University Press
Country of Publication: UK
Format: Paperback
Price: £28.99

This is a Print On Demand Title.
The publisher will print a copy to fulfill your order. Books can take between 1 to 3 weeks. Looseleaf titles between 1 to 2 weeks.

This is an introductory book that targets the reader who has the ambition to apply economic analysis but may be missing a technical introduction to its mathematical techniques or seeks a structured elaboration of its philosophical principles. The book juxtaposes economic analysis with moral philosophy, political theory, egalitarianism, and other methodological principles and then passes to the details of methods such as model-building, derivatives, differential equations, statistical tests, and the use of computer programs.

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Jurisprudence, Banking and Finance
ntroduction: innovation in legal thinking
Part I. Principles:
1. From formal logic to normative reasoning
2. Social welfare versus moral philosophy
3. From political philosophy to game theory
4. The importance of distribution of wealth
5. Coase and law's irrelevance
6. More failures of coasean irrelevance
Part II. Methods:
7. Mathematical modelling
8. Confronting uncertainty: basic probability theory
9. Advanced probability: distributions as the shape of randomness
10. How to price uncertainty: finance
11. Finance and probability: options and derivatives
12. Using spreadsheets
13. Statistics
14. Conclusion: importing methodological innovations.