d87041 Economics and the Law

CEVRO University
summer 2020
Extent and Intensity
0/0. Type of Completion: z (credit).
Guaranteed by
Department of Economics – Departments – President – CEVRO University
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.
Course objectives
Students are introduced to the historical overview and contemporary approaches to law-and-economics. The course explains the link between economics and existing institutional setting and clarifies the limits of market co-ordination mechanism. 1. Methodological introduction, the role of property in economic thinking - The overview of the role of property in the history of economic thought 2. Emergence of law-and-economics as a distinct economic discipline - Aaron Director, Ronald Coase, Journal of Law and Economics and the emergence of Chicago law-and-economics. 3. The Coase Theorem and its application - The origin, nature, implications and criticism of the Coase theorem 4. Coase, Posner, Calabresi and their approaches to law-and-economics - Divisions inside law-and-economics - the essence of different approaches. 5. Legal-economic nexus - The approach of Carl Menger and the origin of legal-economic nexus. 6. Property 7.Implications of legal-economic nexus. Efficiency of law, the theory of entrepreneurial margins. 8. The role of entrepreneur and efficiency considerations 9. Property, efficiency and co-ordination - James Buchanan, Richard Posner, Douglas North and the battle over efficiency. 10. Law and legislation - Gustave de Molinari, Frédéric Bastiat, F. A. Hayek, Bruno Leoni - discussion about the nature of law and legislation. 11. Intellectual property - Patents, copyrights, trade secrets 12. Economics and the law of environmental protection
Syllabus (in Czech)
  • 1. Metodologická východiska, role vlastnictví v ekonomickém myšlení - Přehled úlohy vlastnictví v dějinách ekonomického myšlení 2. Vznik ekonomie a práva jako samostatné discipliny -Aaron Director, Ronald Coase, Journal of Law and Economics a etablování chicagského law-and-economics. 3. Coasův teorém a jeho využití -Vznik, podstata, implikace a kritika Coasova teorému. 4. Coase, Posner, Calabresi a jejich přístupy k ekonomii a právu 5. Legal-economic nexus -Přístup Carla Mengera a vznik nexu ekonomie a práva. 6. Vlastnictví 7.Implikace nexu ekonomie a práva. Efektivnost práva, teorie podnikatelských rozhraní. 8. Role podnikatele a otázky efektivnosti -Dynamický přístup k ekonomii a právu, role podnikatelského objevování. 9. Vlastnictví, efektivnost a koordinace -James Buchanan, Richard Posner, Douglas North a spory o efektivnost, ekonomickou koordinaci a hodnotovou neutralitu ekonomie a práva. 10. Právo a legislativa -Gustave de Molinari, Frédéric Bastiat, F. A. Hayek, Bruno Leoni – diskuse o podstatě práva a legislativy. 11. Intelektuální vlastnictví -Patenty, copyrighty, obchodní tajemství 12.Ekonomie a právo v oblasti životního prostředí
Assessment methods (in Czech)
semestrální práce závěrečný test
Language of instruction
Czech
Further Comments
The course can also be completed outside the examination period.
The course is also listed under the following terms summer 2013, summer 2014.
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