Title of Course: Law and Economics: The Search for Efficiency
ثبت نشده
چکیده
The economist also emphasizes incentive effects which markets present to economic actors. Proper incentives can promote efficient use of scarce resources, while distorted or ineffective incentives will lead to waste. In a similar fashion, incentives will be influenced by decisions made in courts of law. Decisions can be framed so as to give proper incentives to individuals in such areas as contract-making, torts, etc. Poorly framed decisions will lead to wrong incentives and subsequent waste.
منابع مشابه
Efficiency measurement of health care organizations: What models are used?
Background: Literature abounds with various techniques for efficiency measurement of health care organizations (HCOs), which should be used cautiously and appropriately. The present study aimed at discovering the rules regulating the interplay among the number of inputs, outputs, and decision- making units (DMUs) and identifying all methods used for the measurement of Iranian HCOs and criticall...
متن کاملکارآیی اقتصادی و دخالت دولت در قراردادها
At first, the economic efficiency has been brought up in economics and then developed as a superior normative purpose and value in another areas such as law. Accordingly, many areas including the free market, the contracts and their related laws have been formed with regard to this normative purpose and its implications and are going to obtain the most interests and achievements, while they spe...
متن کاملCompetitiveness of The Company on The Market: Analytical Method of Assessment and The Phenomenon of The Impact of Corruption in Ukraine
The purpose of the article is to substantiate the theoretical positions and develop practical recommendations for the development of tools for analytical assessment of the competitiveness of an enterprise, taking into account the influence of the corruption component. It has been established that the main inalienable structural components of the analytical assessment of the competitiveness of e...
متن کاملتحول در مفهوم تقصیر پزشکی و مصادیق آن در نظام حقوقی فرانسه
The course of the medical liability developments in the French law since the beginning of the present century up to now has been noticed in different respects. The fundamental basis of the mentioned developments should be sought in the social movements shaped at the outset of past century. The joint point of the related philosophical schools is the protection of the individual rights the most o...
متن کاملMeasuring the Technical Efficiency of Canola Farmers and Determining the Effective Factors in Tabriz County, Iran
The purpose of this study was to measure the technical efficiency of canola farmers and determine the underpinning factors. Required data were collected using stratified random sampling method and questionnaire survey. In this context, 157 canola farmers from Tabriz County, Iran, were asked to fill out the questionnaire in 2012-2013 growing season. The technical efficiency was evaluated using s...
متن کامل