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Full-Text Articles in Law
The Search For A Grand Unified Theory Of Tort Law., Scott Hershovitz
The Search For A Grand Unified Theory Of Tort Law., Scott Hershovitz
Reviews
Theorists like to do a lot with a little. And not just because simple theories seem more elegant: we deepen our understanding when we learn that disparate phenomena are linked together. In physics, for example, the theory of thermodynamics showed us the relationship between mechanics and heat. In economics, the theory of the firm showed us that, across industries that look nothing alike, a simple principle helps explain the organization of economic activity. Of course, there is no guarantee that the disparate phenomena we suspect are linked actually are. Particle physicists continue to search for a Grand Unified Theory, which …
Review Of Optional Law: The Structure Of Legal Entitlements, Omri Ben-Shahar
Review Of Optional Law: The Structure Of Legal Entitlements, Omri Ben-Shahar
Reviews
The concept of "property rights" plays a prominent role in economic theory. Economists have been studying how property rights emerged as a system of allocation, replacing regimes of open access and lack of legal order. Property rights are regularly viewed by economists as the primary policy tool to control the incentives to invest in new assets (e.g., in information) and to maintain existing assets (e.g., fisheries) when contracts are incomplete. Property rights are the endowments that individuals exchange in a market economy, the equity that investors trade in financial markets. Property rights are a basic building block in economics.
Review Of Rethinking Refugee Law, By N. Nathwani. , James C. Hathaway
Review Of Rethinking Refugee Law, By N. Nathwani. , James C. Hathaway
Reviews
It is a wonderful thing when a work of scholarship is published just as policymakers are struggling with the issues that it seeks to address.