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The Economic Theory Of Politics And Legal Interpretation In The United States, Jack M. Beermann
The Economic Theory Of Politics And Legal Interpretation In The United States, Jack M. Beermann
Faculty Scholarship
No abstract provided.
Economic Rents And Essential Facilities, Keith N. Hylton
Economic Rents And Essential Facilities, Keith N. Hylton
Faculty Scholarship
This paper presents an economic analysis of the essential facility doctrine of antitrust. According to this doctrine, a firm or group of firms that possesses exclusive access to a cost-reducing facility must be prepared to share such access on fair terms with competitors.
Interest Group Politics And Judicial Behavior: Macey's Public Choice, Jack M. Beermann
Interest Group Politics And Judicial Behavior: Macey's Public Choice, Jack M. Beermann
Faculty Scholarship
The economic theory of government has lately gained the acceptance in legal circles that it has long enjoyed in political science and economics. The economic theory, also known as "public choice," analyzes and explains government action and private political activity according to the basic assumption of economics, that individuals respond to economic incentives in their environments in a self-interested manner. The economic theory is thus useful descriptively, to explain diverse political phenomena, and prescriptively, to help formulate reform strategy.