BffiLIOGRAPHY OF LAW AND ECONOMICS

BffiLIOGRAPHY OF LAW AND ECONOMICS

BIBLIOGRAPHY OF LAW AND ECONOMICS Edited by BOUDEWIJN BOUCKAERT and GERRIT DE GEEST Law School, University of Ghent, Belgium SPRINGER-SCIENCE+BUSINESS MEDIA, B.V.

Library of Congress Cataloging-in-Publication Data Bibliography of law and ecanamics ( edited by BaudeWijn Bauckaert and Gerrit de Geest. p. cm. Includes indexes. ISBN 978-94-017-0895-1 ISBN 978-94-017-0893-7 (ebook) DOI 10.1007/978-94-017-0893-7 1. Law--Bibliography. 2. Law--Europe--Bibliography. 3. Economics--Bibliagraphy. 4. Ecanomlcs--Europe--Bibl iography. 1. Bouckaert. Boudewijn. II. Geest. Gerrit de. K38.B525 1992 016.34--dc20 92-250 ISBN 978-94-017-0895-1 Printed on acid-free paper AII Rights Reserved 1992 Springer Science+Business Media Dordrecht Originally published by Kluwer Academic Publishers in 1992 Softcover reprint of the hardcover l st edition 1992 No part of the material protected by this copyright notice may be reproduced or utilized in any form or by any means, electronic or mechanical, including photocopying, recording or by any information storage and retrieval system, without written permission from the copyright owner.

FOREWORD It is with some envy that, as an American, I write this foreword to the landmark Bibliography of Law & Economics, edited by Professor B. Bouckaert and Lecturer G. De Geest. Although the modern approach to "law and economics" essentially started in the United States in the early 1960s with the publication of Ronald Coase' s famous article "The Problem of Social Cost" and Guido Calabresi's early writings on the cost of accidents, this volume suggests that the field has been taken over by the Europeans. (Actually, it may even be accurate to say that the field was started by Europeans, since Coase is an Englishman by birth, and Calabresi an Italian by birth!) Geographic rivalries aside, law and economics scholars from throughout the world owe a great debt to the editors and their colleagues for this monumental undertaking. The magnitude of this project can be conveyed by some simple statistics. The bibliography lists approximately 7,000 publications in law and economics, covering both methodological and substantive topics. The methodological topics include the philosophical and normative foundations of the economic approach to law. The substantive topics include property, bankruptcy, contract, insurance, tort law, criminal law, regulation, corporation law, and procedure. The bibliography also includes over 700 entries in several country-specific surveys. This bibliography far exceeds in breadth and depth every bibliographic effort related to law and economics that has preceded it. Even scholars immersed in law and economics will be amazed at how far our field has progressed in a relatively short time. More importantly, we now have a way to introduce new scholars to the richness of our discipline. A. Mitchell Polinsky Josephine Scott Crocker Professor of Law and Economics School of Law- Stanford University- U.S.A.

CONTENTS FOREWORD (A. Mitchell Polinsky) Scientific Committee xiii INTRODUCTION (the editors) 1 LAW & ECONOMICS IN EUROPE: PRESENT STATE AND FUTURE PROSPECTS (Roger Van den Bergh) 5 PART 1: SUBJECT-RELATED SURVEYS 0000 LAW & ECONOMICS: GENERAL WORKS (Roger Van den Bergh) 0000 Introductory Books 23 0010 Introductory Articles 24 0020 Monographies 30 0030 Books with a Strong L&E Influence 38 0040 Symposia 39 0050 Collections of (New) Articles 42 0060 Readers 46 0070 Bibliographies 47 01 OQ Organization of Research and Teaching 49 0200 History of Law & Economics 52 0300 LAW & ECONOMICS: METHODOLOGY AND FUNDAMENTAL CONCEPTS (Rob Teijl) 0300 Methodology: General 55 0400 Norms and Values in Law & Economics 69 0500 History of Thought 77 0600 Fundamental Concepts 0600 Fundamental Concepts: General 81 0610 Rationality Assumption. Homo Oeconomicus. Altruism. Bounded Rationality 81 0620 Efficiency 85 0630 Externalities and the Coase Theorem 88 0640 Transaction Costs (Approach) 95 0650 Property Rights (Approach) 97 0660 Public Goods. Club Goods 103 0670 Other Concepts 105 1000 FAMILY LAW (Bertrand Lemennicier) 1000 Family Law: General 110 1100 Marriage Law 113

CONTENTS viii 1500 HUMAN RIGHTS (Gerrit De Geest) 1500 Human Rights: General 115 1600 Prohibition of Slavery 116 1700 Prohibition of Discrimination 116 1800 Free Speech 117 1900 Privacy 117 2000 PROPERTY (Boudewijn Bouckaert) 2000 Property Law: General 119 2100 Private Property vs. Common Propetty 125 2200 Property Rule vs. Liability Rule vs. Inalienable Rights 128 2300 Original Assignment of Private Property. Homesteading. Possession. Adverse Possession. Wealth Effects 130 2400 Title Systems. Personal and Real Property 132 2500 'Droits reels' (Usufruct, Long Lease, Building Rights, Easements, Covenants, Renting,... ) 133 2600 Co-ownership and Condominium 135 2700 Applications. New Forms of Property 136 2800 SECURITY & BANKRUPTCY PRIORITY RIGHTS (Gerrit De Geest) 142 2900 INTELLECTUAL PROPERTY (Rudi W. Holzhauer) 2900 General Works- Intellectual Property 145 2905 General Works- Innovation (R&D, Technology, Technical Productivity) & Competition (Monopoly, Market Power) 147 2910 Copyright 152 2920 Copyright Related Rights 155 2930 Patents 156 2940 Trademarks 162 2950 Other Rights 164 2960 Licensing 164 2965 Licensing - Patents 165 2970 Empirical Studies 166 2980 Trade Secrets 166 2990 Unfair Competition- Monopoly 167 2995 Unfair Competition- Passing Off 167 3000 TORT LAW & ENVIRONMENTAL REGULATION (Gerrit De Geest) 3000 Tort Law: General 168 3100 Causation 186 3200 Computing of Damages 188 3300 Punitive Damages 191

ix CONTENTS 3400 Nuisance 192 3500 Environmental Regulation: General 194 3600 Zoning. Land Use Regulation 206 3700 Pollution Tax 213 3800 Combined Approaches 215 3900 Other Approaches 219 4000 CONTRACT LAW (Gerrit De Geest) 4000 Contract Law: General 221 4100 Contractual Choice and Long-Term Contracts 4100 Contractual Choice: General 226 4110 Long-Term Contracts. Relational Contracts 231 4120 Sharecropping 237 4130 Warranties 238 4140 Franchising 239 4200 Contract Formation 241 4300 Performance. Implied Terms 245 4400 Remedies 4400 General 248 4410 Specific Performance vs. Damages 251 4420 Penalty Clauses. Liquidated Damages. Exemption Clauses 252 4430 Expectation Losses vs. Reliance Losses vs. Restitution 254 4440 Valuation of Losses:: Economic Loss, Physical Injury, Value of Life 256 4450 Causation. Precaution. Foreseeability. ~tigation 256 4500 Quasi-contracts. Restitution. Unjust Enrichment 258 4600 INSURANCE (Goran Skogh) 259 4700 INHERITANCE LAW (Gerrit De Geest) 271 5000 REGULATION OF CONTRACTUAL RELATIONS 5000 GENERAL (Gerrit De Geest) 272 5100 PRICE REGULATION (Gerrit De Geest) 5100 Price Regulation: General 283 5110 Rent Control 290 5200 CONSUMER PROTECTION REGULATION (Gerrit De Geest) 5200 Consumer Protection Regulation: General 294 5210 Product Safety and Health Regulation 297 5220 Information Regulation. Regulation of Advertising 303 5230 Trade Practices 307

CONTENTS X 5240 Ucensing. Market Entry Regulation 308 5250 Shop Opening Hours 312 5300 PRODUCT LIABILITY (Gerrit De Geest) 313 5400 LABOR LAW & EMPLOYMENT REGULATION (Gerrit De Geest) 5400 Labor Law & Empolyment Regulation: General 320 5410 EconomicsofLaborContrac~ 324 5420 Wage Control. Minimum Wages 327 5430 Discrimination 329 5440 Occupational Safety and Health Regulation 331 5450 Collective Bargaining and Worker Participation 334 5500CORPORATION LAW & REGULATION OF FINANCIAL MARKETS (Guy De Clercq) 5500 Corporation Law: General 338 5510 The Theory of the Firm 341 5520 Umited Uability 345 5530 The Separation of Ownership and Control 351 5540 The Market for Corporate Control 351 5550 Insider Trading 358 5560 Regulation of the Securities Market 360 5570 Regulation of Financial Markets: General 363 5580 Regulation of Banking 367 5600 BANKRUPTCY PROCEEDINGS (Francisco Cabrillo) 371 5700ANTITRUST LAW & COMPETITION LAW IN GENERAL (a selection) (Gerrit De Geest) 377 5800 REGULATION OF NATURAL MONOPOLIES & PUBLIC UTILITIES (a selection) (Gerrit De Geest) 422 5900 REGULATION OF OTHER SECTORS (a selection) (Gerrit De Geest) 5900 Regulation of Other Sectors: General 437 5910 Legal Professions 438 5920 Medical Professions 440 5930 Transportation 442 5940 Agriculture 452 5950 Telecommunications 452 5960 International Trade 457 6000 TAX LAW (Gerrit De Geest and Ludwig Van den Hauwe) 6000 Tax Law: General 459 6010 Macro Aspec~ 460 6020 Tax Evasion and the Underground Economy 462

xi CONTENTS 6030 Issues in Tax Reform 6040 Policy Aspects: General 6050 Income versus Consumption Tax 6060 Ot:IH 463 465 467 467 6100 SOCIAL SECURITY (a selection) (Gerrit De Geest) 472 6200 TAKINGS (Gerrit De Geest) 478 6300 ADMINISTRATIVE PROCESS (Jiirgen G. Backhaus) 6300 Administrative Law: General 480 6310 Substantive Administrative Law and Economics 481 6320 Basic Institutes 481 6330 Public Organizations 481 6340 Regulatory Administration 482 6350 Administrative Service 482 6360 Administrative Procedure 483 7000 CIVIL AND CRIMINAL PROCEDURE (Patrick Wallaert) 7000 General 484 7100 Evidence 490 7200 Civil Procedure 7200 Civil Procedure: General 492 7210 Settlement. Arbitrage. Disposal of Proceedings without Trial 494 7220 Class Actions. Representative Proceedings 498 7300 Criminal Procedure 500 7 400 Judicial Administration 502 8000 CRIMINAL LAW, ECONOMICS OF CRIME & LAW ENFORCEMENT (Michael Faure) 504 9000 PRODUCTION OF LEGAL RULES (Pierre Coulange) 9000 General 527 9100 Constitution 529 9200 Legislation. Statutory Interpretation 531 9300 Judge Made Law. Precedents 535 9400 Agencies 539 9500 Self-Regulation 541 9600 Spontaneous Emergence of Law 543 9700 Legal Evolution. Tradition. Legal Culture 544 9800 Intertemporal Law. Retroactivity 546 9900 Efficiency of the (Common) Law 547

CONTENTS xii PART II: LAW & ECONOMICS IN EUROPE: NATIONAL SURVEYS OF NON-ENGLISH PUBLICATIONS LAW & ECONOMICS IN AUSTRIA (Wolfgang Weigel) 553 LAW & ECONOMICS IN BELGIUM (Gerrit De Geest) 555 LAW & ECONOMICS IN FRANCE (Bertrand Lemennicier) 563 LAW & ECONOMICS IN GERMANY (Patrick Burow) 567 LAW & ECONOMICS IN HUNGARY (Andras Sajo and Kinga Petervari) 591 LAW & ECONOMICS IN ITALY (Roberto Pardolesi) 592 LAW & ECONOMICS IN THE NETHERLANDS (Rudi W. Holzhauer and Rob Teijl) 596 LAW & ECONOMICS IN NORWAY (Aif Erling Risa) 610 LAW & ECONOMICS IN SPAIN (Santos Pastor) 611 LAW & ECONOMICS IN SWEDEN (Goran Skogh) 614 LAW & ECONOMICS IN SWITZERLAND (Gerrit De Geest) 617 Name Index 621 Subject Index 665

xiii SCIENTIFIC COMMIITEE Ronald H. Coase, University of Chicago, Nobel Laureate 1991 Herman Cousy, University ofleuven Richard A. Epstein, University of Chicago Law School, Co-Editor Journal of Legal Studies Hans Franken, University of Leiden William Landes, University of Chicago Law School, Co-Editor Journal of Law &Economics Ejan Mackaay, University of Montreal Henry Manne, Center for Study of Public Choice, George Mason University Anthony I. Ogus, Faculty of Law, The University, Manchester, Co-Editor International Review of Law and Economics A. Mitchell Polinsky, School of Law, Stanford University Richard A. Posner, University of Chicago Law School, Judge, Seventh Circuit U.S. Courts of Appeal Hans-Bernd Schafer, University of Hamburg Steven Shaven, Law School, Harvard University Wiek J. Slagter, Erasmus University Rotterdam Roger Van den Bergh, Faculty of Law, University of Antwerp, President E.A.L.E. Walter Van Gerven, University of Leuven, First Advocate-General at the European Court of Justice Cento G. Veljanovski, Research & Editorial Director of the Institute of Economic Mfairs, London Oliver E. Williamson, University of California, Berkeley, Co-Editor Journal of Law, Economics, & Organization Richard 0. Zerbe, Jr., University of Washington, editor Research in Law and Economics