Optional law [electronic resource] : the structure of legal entitlements / Ian Ayres.
By: Ayres, Ian.Material type: TextPublisher: Chicago : University of Chicago Press, c2005Description: 1 online resource (x, 284 p.).ISBN: 9780226033488 (electronic bk.); 0226033481 (electronic bk.).Subject(s): Law -- Mathematical models | Real options (Finance) -- Mathematical models | Property | Remedies (Law) | Droit -- Modèles mathématiques | Options réelles (Finances) -- Modèles mathématiques | Propriété | Voies de droit | LAW -- Administrative Law & Regulatory Practice | Optiehandel | Juridische aspecten | Wiskundige modellenGenre/Form: Electronic books.Additional physical formats: Print version:: Optional law.DDC classification: 346.7303 LOC classification: K487.E3 | A997 2005ebOnline resources: EBSCOhost
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|ელ.რესურსი||ეროვნული სამეცნიერო ბიბლიოთეკა 1||http://web.a.ebscohost.com/ehost/detail/detail?sid=f57b497c-b062-4684-aa47-0a1a37c91a34%40sessionmgr4002&vid=0&hid=4209&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=nlebk&AN=315487||Available|
Includes bibliographical references (p. -269) and index.
Puts as well as calls -- Single-chooser rules -- Dual-chooser rules -- Higher-order liability rules -- Correlated values -- Multiple takings -- Relaxing other (administrative, informational & cognitive) assumptions -- Bargaining in the shadow of different regimes / Ian Ayres and Eric Talley -- Testing the bargaining model -- The property/liability rule debate.
Spurred by the advances in option theory that have been remaking financial and economic scholarship over the past thirty years, a revolution is taking shape in the way legal scholars conceptualize property and the way it is protected by the law. Ian Ayres's Optional Law explores how option theory is overthrowing many accepted wisdoms and producing tangible new tools for courts in deciding cases. Ayres identifies flaws in the current system and shows how option theory can radically expand and improve the ways that lawmakers structure legal entitlements.
Description based on print version record.