TY - BOOK AU - Ayres,Ian TI - Optional law: the structure of legal entitlements SN - 9780226033488 (electronic bk.) AV - K487.E3 A997 2005eb U1 - 346.7303 22 PY - 2005/// CY - Chicago PB - University of Chicago Press KW - Law KW - Mathematical models KW - Real options (Finance) KW - Property KW - Remedies (Law) KW - Droit KW - Modèles mathématiques KW - Options réelles (Finances) KW - Propriété KW - Voies de droit KW - LAW KW - Administrative Law & Regulatory Practice KW - bisacsh KW - Optiehandel KW - gtt KW - Juridische aspecten KW - Wiskundige modellen KW - Electronic books N1 - Includes bibliographical references (p. [201]-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 N2 - 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 UR - http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=315487 ER -