Regulation versus Litigation: Perspectives from Economics and Law (National Bureau of Economic Research Conference Report) - Softcover

Buch 85 von 139: National Bureau of Economic Research Conference Report
 
9780226432205: Regulation versus Litigation: Perspectives from Economics and Law (National Bureau of Economic Research Conference Report)

Inhaltsangabe

The efficacy of various political institutions is the subject of intense debate between proponents of broad legislative standards enforced through litigation and those who prefer regulation by administrative agencies. This book explores the trade-offs between litigation and regulation, the circumstances in which one approach may outperform the other, and the principles that affect the choice between addressing particular economic activities with one system or the other. Combining theoretical analysis with empirical investigation in a range of industries, including public health, financial markets, medical care, and workplace safety, Regulation versus Litigation sheds light on the costs and benefits of two important instruments of economic policy.


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Über die Autorin bzw. den Autor

Daniel P. Kessler is a professor at the Law School and Graduate School of Business, Stanford University; a senior fellow at Stanford's Hoover Institution; and a research associate of the NBER.

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