Principles and methods of law and economics : basic tools for normative reasoning /
Nicholas L. Georgakopoulos.
- 1st ed.
- Cambridge ; New York : Cambridge University Press, 2005.
- xiv, 378 p. : ill. ; 24 cm.
Includes bibliographical references and index.
From formal logic to normative reasoning -- Social welfare versus moral philosophy -- From political philosophy to game theory -- The importance of distribution of wealth -- Coase and law's irrelevance -- More failures of Coasean irrelevance -- Mathematical modelling -- Confronting uncertainty : basic probability theory -- Advanced probability : distributions as the shape of randomness -- How to price uncertainty : finance -- Finance and probability : options and derivatives -- Using spreadsheets -- Statistics -- Conclusion : importing methodological innovations.