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The Economics of Remedies

Editor

Listed:
  • Ariel Porat

Abstract

This essential volume incorporates major contributions made by prominent scholars in the past forty years, which illustrate the understanding of the economics of remedies. The editor has selected seminal articles that analyze the well known distinction between property rules and liability rules and demonstrates its significance. The articles also demonstrate the dilemma of which remedy is the more efficient – damages or specific performance. In addition the collection addresses questions concerning the measure of recovery and the scope of liability, and concludes with the novel topic of partial compensation under uncertainty.

Suggested Citation

  • Ariel Porat (ed.), 2012. "The Economics of Remedies," Books, Edward Elgar Publishing, number 14471.
    • Handle: RePEc:elg:eebook:14471
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    File URL: http://www.e-elgar.com/shop/isbn/9780857934482
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    More about this item

    Keywords

    Economics and Finance; Law - Academic;

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology

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