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A Summary of the Philosophy of Contract: The Theories of World A

Margaret Jane Radin

in Boilerplate: The Fine Print, Vanishing Rights, and the Rule of Law

Published in print:
2012
Published Online:
October 2017
ISBN:
9780691155333
eISBN:
9781400844838
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691155333.003.0004
Subject:
Law, Company and Commercial Law

This chapter discusses the main streams of contract philosophy in order to elucidate the extent to which boilerplate is a permissible means of creating contractual obligation. In particular, it ... More


Introduction

Malanima Paolo, Astrid Kander, and Paul Warde

in Power to the People: Energy in Europe over the Last Five Centuries

Published in print:
2014
Published Online:
October 2017
ISBN:
9780691143620
eISBN:
9781400848881
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691143620.003.0001
Subject:
Economics and Finance, Economic History

This book explores the role that energy has played in the economic history of Europe, highlighting the link between energy consumption and economic development. Using three industrial revolutions as ... More


Truth or Economics: On the Definition, Prediction, and Relevance of Economic Efficiency

Richard S. Markovits

Published in print:
2008
Published Online:
October 2013
ISBN:
9780300114591
eISBN:
9780300145229
Item type:
book
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300114591.001.0001
Subject:
Economics and Finance, History of Economic Thought

Is economic efficiency a sound basis upon which to make public policy or legal decisions? This book considers the way in which scholars and public decision-makers define, predict, and assess the ... More


The Role of Energy in Twentieth-Century Economic Growth

Malanima Paolo, Astrid Kander, and Paul Warde

in Power to the People: Energy in Europe over the Last Five Centuries

Published in print:
2014
Published Online:
October 2017
ISBN:
9780691143620
eISBN:
9781400848881
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691143620.003.0010
Subject:
Economics and Finance, Economic History

This chapter examines the role of energy in the economic growth of twentieth-century Europe. It considers the interrelationships of factors of production in order to identify the general features of ... More


Nation-States, Labor Immigration, and Migrant Rights: What Can We Expect?

Martin Ruhs

in The Price of Rights: Regulating International Labor Migration

Published in print:
2013
Published Online:
October 2017
ISBN:
9780691132914
eISBN:
9781400848607
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691132914.003.0003
Subject:
Political Science, Political Economy

This chapter examines the potential interrelationships between migrant rights and national policies for admitting migrant workers. It explains how we can expect high-income countries to regulate the ... More


Boilerplate: The Fine Print, Vanishing Rights, and the Rule of Law

Margaret Jane Radin

Published in print:
2012
Published Online:
October 2017
ISBN:
9780691155333
eISBN:
9781400844838
Item type:
book
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691155333.001.0001
Subject:
Law, Company and Commercial Law

Boilerplate—the fine-print terms and conditions that we become subject to when we click “I agree” online, rent an apartment, or enter an employment contract, for example—pervades all aspects of our ... More


Efficiency, utility and wealth maximization

Jules L. Coleman

in Markets, Morals, and the Law

Published in print:
2002
Published Online:
January 2010
ISBN:
9780199253609
eISBN:
9780191719783
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199253609.003.0004
Subject:
Law, Competition Law

This chapter argues that two states of affairs, S' and S, can be Kaldor-Hicks efficient to each other (the Scitovsky paradox), whereas S' and S cannot each contain more utility than the other. So ... More


Climate Change and Common Sense: Essays in Honour of Tom Schelling

Robert W. Hahn and Alistair Ulph (eds)

Published in print:
2012
Published Online:
May 2012
ISBN:
9780199692873
eISBN:
9780191738371
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199692873.001.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

There is widespread agreement that climate change is a serious problem. If we fail to regulate greenhouse gases that contribute to global warming, or use alternative strategies for addressing the ... More


Risks and Wrongs

Jules L. Coleman

Published in print:
2002
Published Online:
January 2010
ISBN:
9780199253616
eISBN:
9780191719776
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199253616.001.0001
Subject:
Law, Law of Obligations, Philosophy of Law

This book is concerned with the conflict between the goals of justice and economic efficiency in the allocation of risk, especially risk pertaining to safety. The book approaches the subject from the ... More


Modern Financial Markets and Finance Theory

EMILIOS AVGOULEAS

in The Mechanics and Regulation of Market Abuse: A Legal and Economic Analysis

Published in print:
2005
Published Online:
January 2010
ISBN:
9780199244522
eISBN:
9780191715105
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199244522.003.0002
Subject:
Law, Competition Law

This chapter analyses modern financial markets as well as modern and ‘post-modern’ finance theory. The discussion sheds light on the economic theories and assumptions used in this book for the ... More


The Distortion-Analysis Approach to Economic-Efficiency Assessment

Richard S. Markovits

in Truth or Economics: On the Definition, Prediction, and Relevance of Economic Efficiency

Published in print:
2008
Published Online:
October 2013
ISBN:
9780300114591
eISBN:
9780300145229
Item type:
chapter
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300114591.003.0005
Subject:
Economics and Finance, History of Economic Thought

This chapter describes the distortion-analysis approach to economic-efficiency assessment. The three major stages of the resource-allocation process, the major category of economic inefficiency that ... More


The Measurement of Productive Efficiency and Productivity Change

Harold O. Fried, C. A. Knox Lovell, and Shelton S. Schmidt (eds)

Published in print:
2008
Published Online:
January 2008
ISBN:
9780195183528
eISBN:
9780199870288
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195183528.001.0001
Subject:
Economics and Finance, Econometrics

This book is an update of the 1993 publication of The Measurement of Productive Efficiency: Techniques and Applications. The same editors have here compiled over ten years of the most recent research ... More


Efficiency, auction and exchange

Jules L. Coleman

in Markets, Morals, and the Law

Published in print:
2002
Published Online:
January 2010
ISBN:
9780199253609
eISBN:
9780191719783
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199253609.003.0003
Subject:
Law, Competition Law

This chapter distinguishes between Pareto optimality, Pareto superiority, and Kaldor-Hicks efficiency, and provides an extended discussion of the Coase theorem. One of the central claims in this ... More


Introduction and Overview

Pierre-Richard Agénor

in Public Capital, Growth and Welfare: Analytical Foundations for Public Policy

Published in print:
2012
Published Online:
October 2017
ISBN:
9780691155807
eISBN:
9781400845392
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691155807.003.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

This introductory chapter begins with a brief discussion of the persistence of poverty and lack of progress in human development today. The situation has led policymakers to put renewed emphasis on ... More


Public Capital, Growth and Welfare: Analytical Foundations for Public Policy

Pierre-Richard Agénor

Published in print:
2012
Published Online:
October 2017
ISBN:
9780691155807
eISBN:
9781400845392
Item type:
book
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691155807.001.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

In the past three decades, developing countries have made significant economic and social progress, from improved infant mortality rates to higher life expectancy. Yet, 1.3 billion people continue to ... More


The Foundations of European Union Competition Law: The Objective and Principles of Article 102

Renato Nazzini

Published in print:
2011
Published Online:
January 2012
ISBN:
9780199226153
eISBN:
9780191730856
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199226153.001.0001
Subject:
Law, EU Law, Competition Law

Article 102 of the Treaty on the Functioning of the European Union prohibits the abuse of a dominant position as incompatible with the internal market. Its application in practice has been ... More


International Investment

E. Philip Davis

in Pension Funds: Retirement-Income Security and Capital Markets: An International Perspective

Published in print:
1998
Published Online:
March 2012
ISBN:
9780198293040
eISBN:
9780191684944
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198293040.003.0010
Subject:
Economics and Finance, Financial Economics, Public and Welfare

Pension funds are associated with various implications of international investment. As the chapter makes an analysis of Table 6.12, it shows that this investment has experienced significant growth ... More


Some Second-Best-Theory Critiques of Canonical Allocative-Efficiency Analyses and of the Standard Justifications for Ignoring Second Best

Richard S. Markovits

in Truth or Economics: On the Definition, Prediction, and Relevance of Economic Efficiency

Published in print:
2008
Published Online:
October 2013
ISBN:
9780300114591
eISBN:
9780300145229
Item type:
chapter
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300114591.003.0006
Subject:
Economics and Finance, History of Economic Thought

This chapter presents some second-best theory critiques of canonical allocative-efficiency analyses and of the standard justifications for ignoring the notion of second best. The traditional ... More


Intergenerational Public Goods: Strategies, Efficiency and Institutions

Todd Sandler

in Global Public Goods: International Cooperation in the 21st Century

Published in print:
1999
Published Online:
November 2003
ISBN:
9780195130522
eISBN:
9780199867363
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195130529.003.0002
Subject:
Economics and Finance, Public and Welfare

We live in a “brave new world” in which allocative decisions on public goods today can have consequences that cross political and generational boundaries. Although the international aspects of public ... More


The Government as Body Politic

Peter Trepte

in Regulating Procurement: Understanding the Ends and Means of Public Procurement Regulation

Published in print:
2004
Published Online:
March 2012
ISBN:
9780198267751
eISBN:
9780191683350
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198267751.003.0003
Subject:
Law, Constitutional and Administrative Law

Market and institutional failures leading to conditions of imperfect competition which negatively affect economic efficiency (Pareto efficiency) explain many of the provisions which are common to ... More


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