The Consumer Welfare Hypothesis in Law and Economics

Fabrizio Esposito

in Books from Edward Elgar Publishing

Abstract: The Consumer Welfare Hypothesis in Law and Economics is a compelling account of market relations with firm roots in economic theory and legal practice. This incisive book challenges the mainstream view that allocative efficiency is about total welfare maximisation. Instead, it argues for the consumer welfare hypothesis, in which allocating resources efficiently means maximising consumer welfare, and demonstrates that legal structures such as antitrust and consumer law are in reality designed and practised with this goal in mind.

Keywords: Economics and Finance; Law - Academic (search for similar items in EconPapers)
Date: 2022
ISBN: 9781800379640
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Chapters in this book:

Ch 1 Canvassing a realistic Cathedral with efficiency amongst its pillars , pp 5-17

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Ch 2 A triangle is not a crown , pp 19-39

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Ch 3 The giants before us , pp 40-59

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Ch 4 How to search for allocative efficiency in law , pp 61-96

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Ch 5 Allocative efficiency in EU antitrust law , pp 97-137

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Ch 6 Allocative efficiency in EU consumer law , pp 138-174

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Persistent link: https://EconPapers.repec.org/RePEc:elg:eebook:20385

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