Book contents
- Frontmatter
- Contents
- Preface
- Introduction: Economics and international law
- 1 The economics of the most favored nation clause
- 2 The economics of “injury” in antidumping and countervailing duty cases
- 3 The economics of “injury” in antidumping and countervailing duty cases: A reply to Professor Sykes
- 4 Innovations in support of the unitary injury test in U.S. unfair trade cases
- 5 The free trade–fair trade debate: Trade, labor, and the environment
- 6 International conflict and coordination in environmental policies
- 7 Market modernization of law: Economic development through decentralized law
- 8 Toward a positive theory of privatization: Lessons from Soviet-type economies
- 9 New stories on exchange rate policies in transition
- 10 Is deposit insurance inevitable? – lessons from Argentina
- 11 The market for migrants
- 12 The interplay of liquidation and reorganization in the bankruptcy systems of Canada and the United States: The role of screens, gatekeepers, and guillotines
- 13 International political economy approaches to international institutions
- 14 The trade effects of domestic antitrust enforcement
- 15 The Hartford Insurance Company case: Antitrust in the global economy – welfare effects and sovereignty
- 16 Recognition of foreign judgments as a trade law issue: The economics of private international law
- 17 Externalities and extraterritoriality: The law and economics of prescriptive jurisdiction
- Index
Introduction: Economics and international law
Published online by Cambridge University Press: 05 December 2011
- Frontmatter
- Contents
- Preface
- Introduction: Economics and international law
- 1 The economics of the most favored nation clause
- 2 The economics of “injury” in antidumping and countervailing duty cases
- 3 The economics of “injury” in antidumping and countervailing duty cases: A reply to Professor Sykes
- 4 Innovations in support of the unitary injury test in U.S. unfair trade cases
- 5 The free trade–fair trade debate: Trade, labor, and the environment
- 6 International conflict and coordination in environmental policies
- 7 Market modernization of law: Economic development through decentralized law
- 8 Toward a positive theory of privatization: Lessons from Soviet-type economies
- 9 New stories on exchange rate policies in transition
- 10 Is deposit insurance inevitable? – lessons from Argentina
- 11 The market for migrants
- 12 The interplay of liquidation and reorganization in the bankruptcy systems of Canada and the United States: The role of screens, gatekeepers, and guillotines
- 13 International political economy approaches to international institutions
- 14 The trade effects of domestic antitrust enforcement
- 15 The Hartford Insurance Company case: Antitrust in the global economy – welfare effects and sovereignty
- 16 Recognition of foreign judgments as a trade law issue: The economics of private international law
- 17 Externalities and extraterritoriality: The law and economics of prescriptive jurisdiction
- Index
Summary
Introduction: Combinations and calculations
In books designed for beginning algebra students – and, no, this is not an algebra text with the wrong cover – questions of the following sort commonly are posed: If John can mow the lawn in forty-five minutes and Mary can mow the lawn in thirty minutes, how long will it take John and Mary to mow the lawn together? My first instinct when I encountered such problems was not to figure out what fraction of the lawn each mowed in a minute so that I could add their contributions and then work out the length of time needed for the team to complete its work. Instead, I was inclined to ask whether John and Mary each had a lawnmower, whether they got along well or tended to compete with one another, and, if they were competitive, whether it was a good-natured competition (where each tried to be better than the other) or a nastier version (where they would sabotage one another's efforts).
Although that instinct was not always applauded by my teacher, it poses useful questions. There are times when two people possess complementary skills and can be induced to use them to greater advantage than a mere sum of their individual attainments would suggest. And there are instances in which individuals are better left on their own, when either would do better than the two in combination.
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- Chapter
- Information
- Economic Dimensions in International LawComparative and Empirical Perspectives, pp. 1 - 42Publisher: Cambridge University PressPrint publication year: 1998