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Fairness in Law and Economics

Fairness in Law and Economics

Hardcover

Series: Economic Approaches to Law, Book 40

EconomicsGeneral Law

Currently unavailable to order

ISBN10: 178100529X
ISBN13: 9781781005293
Publisher: Edward Elgar
Published: Dec 27 2013
Pages: 896
Language: English
Although the relationship between fairness and the economic concept of efficiency is usually cast as an adversarial one, this collection demonstrates the robust and diverse ways in which economics engages - and cannot avoid engaging - with fairness. This title contains papers presenting positive analyses of fairness preferences and beliefs, which are fundamental means through which fairness matters for economic models and then turns to normative analysis and the broad question of how law should reconcile fairness and efficiency considerations. It presents a sampling of legal and policy applications in which both fairness and efficiency considerations prove important.

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