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Item Details
Title:
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LAW AND ECONOMICS
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By: |
Nicholas Mercuro (Editor) |
Format: |
Hardback |

List price:
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£72.00 |
We believe that this item is permanently unavailable, and so we cannot source
it.
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ISBN 10: |
0898382823 |
ISBN 13: |
9780898382822 |
Publisher: |
KLUWER ACADEMIC PUBLISHERS |
Pub. date: |
31 January, 1989 |
Series: |
Recent Economic Thought 19 |
Pages: |
272 |
Synopsis: |
The character of economic life] in a society is dependent upon, among 2 other things, its political-legal-economic institutional setting. Within that institutional structure, the individuals who comprise that society attempt to cooperate with one another to their mutual advantage so as to accommodate their joint utility-maximizing endeavors. In addition, these same individuals call upon certain societal institutions to adjust the con flicting claims of different individuals and groups. In this regard, a society is perceived as both a cooperative venture for mutual advantage where there are an identity of interests and, as well, an arena of conflict where there exists a mutual interdependence of conflicting claims or interests. The manner in which a society structures its political-legal-economic institutions 1) to enhance the scope of its cooperative endeavors and 2) to channel internal political-legal-economic conflicts toward resolution, shapes the character of economic life in that society. In contemplating the structure of its institutions intended to promote cooperation and channel conflict, a society confronts several issues. At the most general level an enduring issue is how a society both perceives and then ideologically transmits (perhaps teaches or rationalizes), inter nally and/or externally, its perceptions of so-called "cooperative en deavors" and "arenas of conflict." There can be no doubt that the resultant structure of a society's institutions will reflect that society's perception as to what cooperation entails and what conflict constitutes." |
Illustrations: |
biography |
Publication: |
US |
Imprint: |
Kluwer Academic Publishers |
Returns: |
Returnable |
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