Courts, Legal Rules, and Markets

Alex Robson ()

Chapter 2 in Law and Markets, 2012, pp 26-48 from Palgrave Macmillan

Abstract: Abstract What role do legal rules and courts play in a market economy? What role should they play? Why do courts make the decisions that they do, and what are the some of the problems that arise with collective legal decision making?

Keywords: Speed Limit; Legal Rule; Correct Decision; Aggregation Rule; Procedural Fairness (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-35494-4_2

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DOI: 10.1057/9780230354944_2

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