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Chapters in this book
- Frontmatter i
- Contents vii
- Acknowledgments ix
- Introduction 1
-
Part One. The Definition of Economic Efficiency
- Chapter 1. The Correct Definition of the Impact of a Choice on Economic (Allocative) Efficiency 19
- Chapter 2. A Critique of the Definitions of and Tests for Economic Efficiency That Economists and Law and Economics Scholars Use 48
- Conclusion to Part I 63
-
Part Two. The Assessment of Economic Efficiency
- Chapter 3. The Distortion-Analysis Approach to Economic-Efficiency Assessment 73
- Chapter 4. Some Second-Best-Theory Critiques of Canonical Allocative-Efficiency Analyses and of the Standard Justifications for Ignoring Second Best 271
-
Part Three. The Relevance of Allocative-Efficiency Conclusions
- Chapter 5. The Prescriptive-Moral and Legal Relevance of Allocative-Efficiency Conclusions 343
- Chapter 6. A Critique of Various Relevance Arguments Made by Economists and Law and Economics Scholars 402
- Conclusion 421
- Notes 437
- Glossary of Frequently Used Symbols and the Concepts for Which They Stand 491
- Index 499
Chapters in this book
- Frontmatter i
- Contents vii
- Acknowledgments ix
- Introduction 1
-
Part One. The Definition of Economic Efficiency
- Chapter 1. The Correct Definition of the Impact of a Choice on Economic (Allocative) Efficiency 19
- Chapter 2. A Critique of the Definitions of and Tests for Economic Efficiency That Economists and Law and Economics Scholars Use 48
- Conclusion to Part I 63
-
Part Two. The Assessment of Economic Efficiency
- Chapter 3. The Distortion-Analysis Approach to Economic-Efficiency Assessment 73
- Chapter 4. Some Second-Best-Theory Critiques of Canonical Allocative-Efficiency Analyses and of the Standard Justifications for Ignoring Second Best 271
-
Part Three. The Relevance of Allocative-Efficiency Conclusions
- Chapter 5. The Prescriptive-Moral and Legal Relevance of Allocative-Efficiency Conclusions 343
- Chapter 6. A Critique of Various Relevance Arguments Made by Economists and Law and Economics Scholars 402
- Conclusion 421
- Notes 437
- Glossary of Frequently Used Symbols and the Concepts for Which They Stand 491
- Index 499