Truth or economics : on the definition, prediction, and relevance of economic efficiency /
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
New Haven, CT :
Yale University Press,
c2008.
|
| Subjects: |
Table of Contents:
- Introduction
- 1. The correct definition of the impact of a choice on economic (allocative) efficiency
- 2. A critique of the definitions of and tests for economic efficiency that economists and law and economics scholars use
- 3. The distortion-analysis approach to economic-efficiency assessment
- 4. Some second-best-theory critiques of canonical allocative-efficiency analyses and of the standard justifications for ignoring second best
- 5. The prescriptive-moral and legal relevance of allocative-efficiency conclusions
- 6. A critique of various relevance arguments made by economists and law and economics scholars
- Conclusion.