Description: Consumer Welfare Hypothesis in Law and Economics : Towards a Synthesis for the 21st Century, Hardcover by Esposito, Fabrizio, ISBN 1800379641, ISBN-13 9781800379640, Like New Used, Free shipping in the US 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 incisiv 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. Using this paradigm, Fabrizio Esposito overcomes the opposition between efficiency and distribution and provides a firmer basis for debates about the foundations of contract law, antitrust law and consumer law, particularly in the European Union. The outcome is a bilateral view of the connection between the law and the economy and a rich research agenda to further understanding of the legal-economic nexus. Scholars and students of law and economics, as well as contract, consumer and antitrust and competition law will find this book a thought-provoking study. Its innovative yet straightforward conceptual framework will also be of interest to practitioners, policymakers and stakeholders in these fields.
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Book Title: Consumer Welfare Hypothesis in Law and Economics : Towards a Synt
Number of Pages: 230 Pages
Publication Name: Consumer Welfare Hypothesis in Law and Economics : Towards a Synthesis for the 21st Century
Language: English
Publisher: Elgar Publishing, Incorporated, Edward
Publication Year: 2022
Subject: General, Jurisprudence, Economics / General, Antitrust
Item Height: 0.7 in
Item Weight: 17.5 Oz
Type: Textbook
Author: Fabrizio Esposito
Subject Area: Law, Business & Economics
Item Length: 9.6 in
Series: New Horizons in Law and Economics Ser.
Item Width: 6.2 in
Format: Hardcover
