=LDR 00000nam 2200000 4500 =001 INLIS000000000010765 =005 20221128092311 =035 ##$$a 0010-1122000107 =007 ta =008 221128################g##########0#eng## =020 ##$$a 1-56662-993-4 =082 ##$$a 330.121 =084 ##$$a 330.121 KAT f =100 #$$a Avery Wiener Katz =245 1#$$a Foundations of The Economic Approach to Law /$c Avery Wiener Katz =260 ##$$a New York :$b Foundation Press,$c 1998 =300 ##$$a xiii, 442 hlm ; $c 27 cm =650 #4$$a Economy and Law =520 ##$$a It begins with an introductory chapter on the building blocks of economic analysis: the model of rational choice, which provides economics with its descriptive theory of human behavior; the concept of efficiency, which provides its primary normative criterion; and the idea of positivist social science, which provides the underlying pragmatic justification for distinguishing between fact and value and for constructing simplified models of the world. The succeeding chapter introduces and compares the two main "schools" of law and economics-often caricatured as "Chicago" and "non-Chicago"-which I present as alternative economic models of legal relations, based on differing assumptions about the relative institutional efficacy of private exchange and governmental regulation. =990 ##$$a 07696/MKRI-P/XII-2007