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This book explores the role of law and regulation in sustaining financial markets in both developed and developing countries, particularly the European Union, United States and China. The central argument of this book is that law matters for the operation of financial markets, which, in turn, significantly influences the performance of firms, industries, and economies. The Role of Law and Regulation in Sustaining Financial Markets is divided into four parts. Part one addresses the connection between law, financial development, and economic growth. Part two deals with the role of financial regulation, which can be used to correct market failures, such as negative externalities, information as...
This is the first book to examine individual rights from an economic perspective, collecting together leading articles in this emerging area of interest and showing the vibrant and expanding scholarship that relates them. Areas covered include The implications of constitutional protections of individual rights and freedoms, including freedom of speech and of the press, The right to bear arms, The right against unreasonable searches, The right against self-incrimination, The right to trial by jury, The right against cruel and unusual punishment, including capital punishment. The focus of these papers is both theoretical and empirical, examining how economics can illuminate the entire sequence of crime and punishment, from the decision to commit a crime, to police methods for apprehending and arresting criminals, to the rules used in trials to the scope of punishment for the convicted.
Poe Yu-ze Wan argues for a critical realist and systemist social ontology, designed to shed light on current debates in social theory concerning the relationship of social ontology to practical social research, and the nature of 'the social'. It explores the works of the systems theorist Mario Bunge in comparison with the approach of Niklas Luhmann and critical social systems theorists, to challenge the commonly held view that the systems-based approach is holistic in nature and necessarily downplays the role of human agency.
The public understanding of law is gleaned from the cultural representation of justice which, in turn, reflects popular culture. Movies, caricatures, portrayal of trials by media or crime fiction shape the image of justice. However these representations play an important role in the legal system itself through the representation of truth as conveyed by litigating parties in their arguments. Studying how justice is represented in society is thus interesting for citizens who want to understand the popular culture but also for lawyers who want to understand theirs clients' expectations. This book explores in a multidisciplinary way the aspects of those representations of justice in their various forms in popular culture and in economics.
An essential guide to valuation techniques and financial analysis With the collapse of the economy and financial systems, many institutions are reevaluating what they are willing to spend money on. Project valuation is key to both cost effectiveness measures and shareholder value. The purpose of this book is to provide a comprehensive examination of critical capital budgeting topics. Coverage extends from discussing basic concepts, principles, and techniques to their application to increasingly complex, real-world situations. Throughout, the book emphasizes how financially sound capital budgeting facilitates the process of value creation and discusses why various theories make sense and how ...
Technology Policy: Towards an Integration of Social and Ecological Concerns.
This innovative volume explores empirical legal issues around the world. While legal studies have traditionally been worked on and of letters and with a normative bent, in recent years quantitative methods have gained traction by offering a brand new perspective of understanding law. That is, legal scholars have started to crunch numbers, not letters, to tease out the effects of law on the regulated industries, citizens, or judges in reality. In this edited book, authors from leading institutions in the U.S., Europe, and Asia investigate legal issues in South Africa, Argentina, the U.S., Israel, Taiwan, and other countries. Using original data in a variety of statistical tools (from the most...
There exists a vast body of literature on all aspects associated with patents, including innovation, patent policy instruments, licensing, and the tension between patent policy and competition policy. However, most of the works focusing on patent policy are only available as journal articles or as reprints in book collections. This book bridges that gap in presenting a systematic overview of models dedicated to patent policy.
Globalization is an extraordinary phenomenon affecting virtually everything in our lives. And it is imperative that we understand the operation of economic power in a globalized world if we are to address the most challenging issues our world is facing today, from climate change to world hunger and poverty. This revolutionary work rethinks globalization as a power system feeding from, and in competition with, the state system. Cutting across disciplines of law, politics and economics, it explores how multinational enterprises morphed into world political organisations with global reach and power, but without the corresponding responsibilities. In illuminating how the concentration of property rights within corporations has led to the rejection of democracy as an ineffective system of government and to the rise in inequality, Robé offers a clear pathway to a fairer and more sustainable power system.
This book proposes a radical transformation of labour institutions, in order to lay the foundation for the democratization of society rather than capitalist accumulation. Using an empirical analysis of the contemporary world of work, Alexis Cukier examines the democratic meaning of today’s critique of work organization and questions the theoretical models (linked to class struggles and to industrial democracy) to conceive of a "democratic work." Considering particular historical experiments (such as cooperatives, self-management, worker’s councils) that try to realize democracy at work, this book also analyzes the political issue of "democratic work" in relation to issues such as labour law, feminist struggles and political ecology. Ultimately, this book proposes some institutional paths that could overtake the divide between the rights of the citizens and the rights of the workers, arguing finally: if we really want to radicalize democracy, we should begin with democratizing work.