Law and Economics

Law and Economics The law and economics movement applies economic theory and method to the practice of law. It asserts that the tools of economic reasoning offer the best possibility for justified and consistent legal practice. It is arguably one of the dominant theories of jurisprudence. The law and economics movement offers a general theory of…

A Comparative Analysis of Hostile Takeover Regimes in the US, UK and Japan (with Implications for Emerging Markets)

A Comparative Analysis of Hostile Takeover Regimes in the US, UK and Japan (with Implications for Emerging Markets) John Armour University of Oxford – Faculty of Law ; University of Oxford – Said Business School ; European Corporate Governance Institute (ECGI)   Jack B. Jacobs Government of the State of Delaware – Court of Chancery…

Behavioral Law and Economics

Behavioral Law and Economics Christine Jolls Yale Law School ; National Bureau of Economic Research (NBER) 2006 Yale Law School, Public Law Working Paper No. 130 Yale Law & Economics Research Paper No. 342 Abstract: Behavioral economics has been a growing force in many fields of applied economics, including public economics, labor economics, health economics,…

Who Writes the Rules for Hostile Takeovers, and Why? The Peculiar Divergence of US and UK Takeover Regulation

Who Writes the Rules for Hostile Takeovers, and Why? The Peculiar Divergence of US and UK Takeover Regulation John Armour University of Oxford – Faculty of Law ; University of Oxford – Said Business School ; European Corporate Governance Institute (ECGI)   David A. Skeel Jr. University of Pennsylvania Law School ; European Corporate Governance…

Path Dependence: A Foundational Concept for Historical Social Science

Path dependence: a foundational concept for historical social science Author Info Paul A. David (pad@stanford.edu) (Department of Economics, Stanford University, Stanford, CA 94305-6072, USA & Oxford Internet Institute, University of Oxford, Oxford, UK) Registered author(s): Paul A. David Abstract This introduction to the concept of path dependence, its pertinence for the development of historical social…