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Articles 1 - 5 of 5
Full-Text Articles in Law and Economics
Antitrust's Protected Classes, Herbert Hovenkamp
Antitrust's Protected Classes, Herbert Hovenkamp
Michigan Law Review
For purposes of argument, this essay assumes that efficiency ought to be the exclusive goal of antitrust enforcement. That premise is controversial. Nonetheless, several economic and legal theorists, primarily among the Chicago School of economics and antitrust scholarship, have developed an Optimal Deterrence Model based on this assumption. The Model is designed to achieve the optimum, or ideal, amount of antitrust enforcement. The Model's originators generally believe that there is too much antitrust enforcement, particularly enforcement initiated by private plaintiffs. I intend to show that, even if efficiency is the only antitrust policy goal, a broader array of lawsuits should …
State Takeover Statutes Revisited, Richard A. Booth
State Takeover Statutes Revisited, Richard A. Booth
Michigan Law Review
I have a confession to make. The title of my article that appeared recently in this review, The Promise of State Takeover Statutes, was deliberately chosen for its shock value. Since few if any reflective works have supported state takeover statutes, it occurred to me that a title suggesting there was something positive in them might get someone's attention. Clearly it did. In a recent piece entitled Missing the Point About State Takeover Statutes, Professors Lyman Johnson and David Millon take issue with my title. I say that they take issue with my title because it does not …
Information Economics And Chemical Toxicity: Designing Laws To Produce And Use Data, Mary L. Lyndon
Information Economics And Chemical Toxicity: Designing Laws To Produce And Use Data, Mary L. Lyndon
Michigan Law Review
Just as laws may create entitlements to the use of information, they may also be written to distribute information and to encourage information production. This Article discusses the ways in which law affects the generation and distribution of information related to chemical exposure and toxicity. It describes the economic impact of recently enacted right-to-know laws and proposes that better and more abundant data could be produced if the law paid greater attention to basic economic principles that influence research and information systems.
Environmental Faust Succumbs To Temptations Of Economic Mephistopheles, Or, Value By Any Other Name Is Preference, Carol M. Rose
Environmental Faust Succumbs To Temptations Of Economic Mephistopheles, Or, Value By Any Other Name Is Preference, Carol M. Rose
Michigan Law Review
A Review of The Economy of the Earth: Philosophy, Law, and the Environment by Mark Sagoff
Coase Defends Coase: Why Lawyers Listen And Economists Do Not, Stewart Schwab
Coase Defends Coase: Why Lawyers Listen And Economists Do Not, Stewart Schwab
Michigan Law Review
A Review of The Firm The Market and The Law by Ronald Coase