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Maurice A. Deane School of Law at Hofstra University

Economics

Articles 1 - 16 of 16

Full-Text Articles in Law

Conceptions Of Fairness And The Fair Labor Standards Act, Seth D. Harris Jan 2000

Conceptions Of Fairness And The Fair Labor Standards Act, Seth D. Harris

Hofstra Labor & Employment Law Journal

This article uses the history of the Fair Labor Standards Act's minimum wage provisions to examine how statutes that benefit interests that are comparatively weak in the political market become law. The article tracks the history of the American debate over fairness in wages beginning with the demise of slavery through the passage of the Fair Labor Standards Act in 1938 in search of an answer. The search yields two answers. The first answer is that bargaining power is dynamic, not static. The article discusses the socio-economic crises and effective political advocacy by living wage proponents that changed the political …


Economists' Assessments Of The Likely Employment And Wage Effects Of The North American Free Trade Agreement, William E. Spriggs, James Stanford Jan 1993

Economists' Assessments Of The Likely Employment And Wage Effects Of The North American Free Trade Agreement, William E. Spriggs, James Stanford

Hofstra Labor & Employment Law Journal

No abstract provided.


Inframarginal Consumers And The Per Se Legality Of Vertical Restraints, Don Boudreaux, Robert B. Ekelund Jr. Jan 1988

Inframarginal Consumers And The Per Se Legality Of Vertical Restraints, Don Boudreaux, Robert B. Ekelund Jr.

Hofstra Law Review

No abstract provided.


Judicial Deference To Collectively Bargained Pension Agreements: The Implicit Economics Of A Legal Standard, David Locke Hall Jan 1986

Judicial Deference To Collectively Bargained Pension Agreements: The Implicit Economics Of A Legal Standard, David Locke Hall

Hofstra Labor & Employment Law Journal

No abstract provided.


The Utilitarian Imperative: Autonomy, Reciprocity, And Evolution, Leonard G. Ratner Jan 1984

The Utilitarian Imperative: Autonomy, Reciprocity, And Evolution, Leonard G. Ratner

Hofstra Law Review

No abstract provided.


Legal Analysis And The Economic Analysis Of Allocative Efficiency: A Response To Professor Posner's Reply, Richard S. Markovits Jan 1983

Legal Analysis And The Economic Analysis Of Allocative Efficiency: A Response To Professor Posner's Reply, Richard S. Markovits

Hofstra Law Review

No abstract provided.


Individual Rights And The Social Good: A Choice-Theoretic Analysis, Steven Strasnick Jan 1982

Individual Rights And The Social Good: A Choice-Theoretic Analysis, Steven Strasnick

Hofstra Law Review

No abstract provided.


Individual Rights And Collective Rationality: Some Implications For Economic Analysis Of Law, Bruce Chapman Jan 1982

Individual Rights And Collective Rationality: Some Implications For Economic Analysis Of Law, Bruce Chapman

Hofstra Law Review

In recent years there has been much discussion of two theorems in economics that relate individual rights to Pareto optimality. In the area of law and economics, Ronald Coase is well known for demonstrating that in a world without transaction costs bargaining will always result in a Pareto-efficient outcome, whatever the initial distribution of rights. In social choice theory, however, Amartya Sen has shown that for certain configurations of individual preferences, the reasonable exercise of individual rights can lead to outcomes that are Pareto-inferior to other outcomes that are attainable. Clearly, there is some tension between these two results. The …


Social Choice Theory And The Imperfectability Of A Legal Order, Allan Gibbard Jan 1982

Social Choice Theory And The Imperfectability Of A Legal Order, Allan Gibbard

Hofstra Law Review

No abstract provided.


Human Motivation: The Inadequacy Of Economists' Models, Alfred F. Mackay Jan 1982

Human Motivation: The Inadequacy Of Economists' Models, Alfred F. Mackay

Hofstra Law Review

No abstract provided.


Introduction: The Social Choice Perspective, Kenneth J. Arrow Jan 1981

Introduction: The Social Choice Perspective, Kenneth J. Arrow

Hofstra Law Review

No abstract provided.


A Preface On Modeling The Regulated United States Economy, Stanley Reiter, Jonathan Hughes Jan 1981

A Preface On Modeling The Regulated United States Economy, Stanley Reiter, Jonathan Hughes

Hofstra Law Review

No abstract provided.


Society's Choice And Legal Change, Alan Watson Jan 1981

Society's Choice And Legal Change, Alan Watson

Hofstra Law Review

No abstract provided.


A Reply To Some Recent Criticisms Of The Efficiency Theory Of The Common Law, Richard A. Posner Jan 1981

A Reply To Some Recent Criticisms Of The Efficiency Theory Of The Common Law, Richard A. Posner

Hofstra Law Review

No abstract provided.


Administrative Due Process As Social-Cost Accounting, Jerry L. Mashaw Jan 1981

Administrative Due Process As Social-Cost Accounting, Jerry L. Mashaw

Hofstra Law Review

No abstract provided.


Some Decision-Theoretic Reflections On Welfare Protection, Edward F. Mcclennen Jan 1981

Some Decision-Theoretic Reflections On Welfare Protection, Edward F. Mcclennen

Hofstra Law Review

No abstract provided.