Sustained growth depends on innovation, whether it's cutting-edge software from Silicon Valley, an improved assembly line in Sichuan, or a new export market for Swaziland's leather. Developing a new idea requires money, which poses a problem of trust. The innovator must trust the investor with his idea and the investor must trust the innovator with her money. Robert Cooter and Hans-Bernd Schäfer call this the "double trust dilemma of development." Nowhere is this problem more acute than in poorer nations, where the failure to solve it results in stagnant economies.
 In Solomon's Knot, Cooter and Schäfer propose a legal theory of economic growth that details how effective property, contract, and business laws help to unite capital and ideas. They also demonstrate why ineffective private and business laws are the root cause of the poverty of nations in today's world. Without the legal institutions that allow innovation and entrepreneurship to thrive, other attempts to spur economic growth are destined to fail.

Solomon's Knot: How Law Can End the Poverty of Nations (The Kauffman Foundation Series on Innovation and Entrepreneurship)

Business & Money

Cooter, Robert D.

Schäfer, Hans-Bernd

Economics

Princeton University Press

The Economic Analysis of Civil Law

This comprehensive textbook provides a thorough guide to the economic analysis of law, with a particular focus on civil law systems. It encapsulates a structured analysis and nuanced evaluation of norms and legal policies, using the tools of economic theory.\nKey features include:\nExamples and cases that illustrate central concepts of the economic analysis of law in relation to civil law doctrines 
Examination of the core areas of civil law: tort law, contract law, property law, intellectual property law as well as basic problems of insolvency law and corporate law 
In-depth analysis of the legal rules of statutory law and judge-made law, demonstrating the extent to which these rules are either based on economic criteria or run parallel to them – and the extent to which such criteria facilitate the application and further development of law.\nThis substantially revised second edition presents the latest insights into legal economic research, including important empirical and behavioural deliberations. It will be a valuable guide for advanced undergraduate and postgraduate students of law and economics.

Ott, Claus

Administrative Law

Edward Elgar Publishing

This comprehensive textbook provides a thorough guide to the economic analysis of law, with a particular focus on civil law systems. It encapsulates a structured analysis and nuanced evaluation of norms and legal policies, using the tools of economic theory. Key features include: <ul> <li>Examples and cases that illustrate central concepts of the economic analysis of law in relation to civil law doctrines</li> <li>Examination of the core areas of civil law: tort law, contract law, property law, intellectual property law as well as basic problems of insolvency law and corporate law</li> <li>In-depth analysis of the legal rules of statutory law and judge-made law, demonstrating the extent to which these rules are either based on economic criteria or run parallel to them - and the extent to which such criteria facilitate the application and further development of law.</li> </ul> This substantially revised second edition presents the latest insights into legal economic research, including important empirical and behavioural deliberations. It will be a valuable guide for advanced undergraduate and postgraduate students of law and economics.

This comprehensive and established book - first published in German - explains the new approach of law and economics to civil law. Written by two of Europe’s leading scholars in the field, it provides a thorough yet accessible economic analysis of tort law, contract law and property law, with particular emphasis placed on legal cases and doctrines from civil law. 
The authors first review the basic concepts of both normative and positive economics and their links to institutional economics. They move on to develop the economic rationales of tort law and examine the different concepts involved. They also investigate contracts, especially sales contracts, quasi contracts, and pre-contractual duties which play a prominent role in civil law countries. Finally, they provide an comprehensive overview of the economic functions and legal forms of property law. Throughout, the authors analyze and evaluate the complexities of civil law using economic theory, and clearly demonstrate that the legal forms found in civil law frequently serve the purpose of increasing a nation’s wealth. 
This outstanding volume is the first law and economics textbook that concentrates on civil law. It integrates legal doctrines with economic reasoning, and lucidly explains the concepts involved. It requires no prior knowledge of either economics or law and will undoubtedly become the requisite textbook in the field for all students of law, law and economics and business administration. It will also be of great value to academics and practitioners interested in an overview of this area.

This comprehensive and established book - first published in German - explains the new approach of law and economics to civil law. Written by two of Europe’s leading scholars in the field, it provides a thorough yet accessible economic analysis of tort law, contract law and property law, with particular emphasis placed on legal cases and doctrines from civil law. The authors first review the basic concepts of both normative and positive economics and their links to institutional economics. They move on to develop the economic rationales of tort law and examine the different concepts involved. They also investigate contracts, especially sales contracts, quasi contracts, and pre-contractual duties which play a prominent role in civil law countries. Finally, they provide a comprehensive overview of the economic functions and legal forms of property law. Throughout, the authors analyze and evaluate the complexities of civil law using economic theory, and clearly demonstrate that the legal forms found in civil law frequently serve the purpose of increasing a nation’s wealth. This outstanding volume, now available in paperback, is the first law and economics textbook that concentrates on civil law. It integrates legal doctrines with economic reasoning, and lucidly explains the concepts involved. It requires no prior knowledge of either economics or law and will undoubtedly become the requisite textbook in the field for all students of law, law and economics and business administration. It will also be of great value to academics and practitioners interested in an overview of this area.

​Dieses Essential setzt sich kritisch mit dem Argument des Verbraucherschutzes beim Widerruf von Hypothekenkrediten auseinander. Die historisch niedrigen Zinsen verleiten viele Darlehensnehmer dazu, ihren Vertrag zu widerrufen, weil sie bei Abschluss des Kreditvertrags nicht rechtswirksam über ihr 14-tägiges Widerrufsrecht informiert worden seien. Selbst winzige und triviale Normabweichungen bei den Widerrufsbelehrungen, die bei konstanten oder steigenden Zinsen keine Reaktion auslösen würden, werden jetzt zum Anlass genommen, sich Jahre nach Vertragsabschluss ohne Vorfälligkeitsentschädigung opportunistisch von einem fairen Vertrag lösen zu können. Der Autor differenziert vernünftige rechtspolitische Ziele des Verbraucherschutzes von der missbräuchlichen Wahrnehmung vertraglicher Rechte.

Widerruf bei Hypothekenkrediten: Wer schützt uns vor diesem Verbraucherschutz (essentials) (German Edition)

Finance

Springer Gabler

Dieses Buch enthält die Grundlagen der ökonomischen Analyse des Rechts und ihrer Anwendung auf das deutsche Zivilrecht. Es ist eine umfassende Darstellung dieser Forschungsrichtung, in der die Normen und Regelungsprobleme mit den Mitteln der ökonomischen Theorie analysiert und bewertet werden. Wichtige Argumentationsfiguren der ökonomischen Analyse des Rechts werden in die zivilrechtliche Dogmatik eingebaut. Bei der Analyse rechtlicher Regeln des Gesetzesrechts und des Richterrechts wird gezeigt, inwieweit diesen ökonomische Kriterien zugrunde liegen und inwieweit derartige Kriterien für die Rechtsanwendung und Rechtsfortbildung fruchtbar gemacht werden können.&nbsp; Die 6. überarbeitete Auflage präsentiert in fast allen Kapiteln neue Ergebnisse der rechtsökonomischen Forschung. Die psychologische Verhaltensforschung hat mittlerweile Eingang in die Diskussion vieler Facetten des Zivilrechts gefunden. Einige vieldiskutierte empirische Forschungsergebnisse wie zu den Wirkungen des kontinentaleuropäischen Rechts im Verhältnis zum Common Law müssen heute - insbesondere im Gesellschaftsrecht - in neuem Licht gesehen werden.&nbsp; Solche&nbsp; Entwicklungen werden aufgegriffen und es wird untersucht, ob und inwieweit diese Forschungsergebnisse für die ökonomische Analyse des Zivilrechts von Bedeutung sind.&nbsp;

Lehrbuch der ökonomischen Analyse des Zivilrechts (German Edition)

See the best price to sell, buy, or rent books by Schäfer, Hans-Bernd. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Schäfer, Hans-Bernd

See the best price to sell, buy, or rent books by Schäfer, Hans-Bernd. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Solomon's Knot: How Law Can End the Poverty of Nations (The Kauffman Foundation Series on Innovation and Entrepreneurship)

Solomon's Knot: How Law Can End the Poverty of Nations (The Kauffman Foundation Series on Innovation and Entrepreneurship)

The Economic Analysis of Civil Law

The Economic Analysis of Civil Law

The Economic Analysis of Civil Law

The Economic Analysis of Civil Law

Widerruf bei Hypothekenkrediten: Wer schützt uns vor diesem Verbraucherschutz (essentials) (German Edition)

Lehrbuch der ökonomischen Analyse des Zivilrechts (German Edition)