Legal Analysis of Economic Policy

Antitrust Policy: A Century of Economic and Legal Thinking

P assage of the Sherman Act in the United States in 1890 set the stage for a century of jurisprudence regarding monopoly, cartels, and oligopoly. Among American statutes that regulate commerce, the Sherman Act is unequaled in its generality. The Act outlawed “every contract, combination or conspiracy in restraint of trade” and “monopolization” and treated violations as crimes. By these open-end...

Behavioral Economic Analysis of Redistributive Legal Rules

Institutional, Legal, and Economic Instruments in Ghana's Environmental Policy.

/ This paper reviews the state of the environment in Ghana and explores the potential for the use of institutional, legal, and economic instruments in environmental management in the specific context of this developing country.The environmental situation in Ghana is characterized by desertification, land degradation, deforestation, soil erosion, and inadequate water supply in the northern regio...

economic and legal analysis of penalty clause

penalty clause or liquidated damage which is formerly agreed between parties is legally examined and accepted as a rule. although judge could in some circumstances modify this stipulation. yet its economic analysis which is focused on economic efficiency can be considered as a “major unexplained puzzle in the economic theory of law”. this article compares the major legal systems in the case of ...

economic and legal analysis of anticipatory breach

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