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    1 664

    Law can be viewed as a body of rules and legal sanctions that channel behavior in socially desirable directions for example, by encouraging individuals to take proper precautions to prevent accidents or by discouraging competitors from colluding to raise prices. This title offers a survey of the state of the field.

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    1 664

    Aims to foster the study of the legal system by economists. This two volume set forms a comprehensive and accessible survey of the state of the field.

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