Uot eco 320 Study guides, Class notes & Summaries
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UOT ECO 320 Economic Analysis of Law Final Exam Review (University of Toronto)
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UOT ECO 320 Economic Analysis of Law Final Exam Review (University of Toronto) 
 
Economic Analysis of Law Test 1 Review Notes: 
CU Chapter 1: Introduction to Law and Economics Efficiency over Distribution in analyzing private law: 
•	A possible way to pursue redistribution is through private law (property, contract, torts). Courts should make private laws to redistribute income to deserving groups of people (Consumers in favor over investors) 
•	4 Reasons this is inefficient: 
1.	Redistribu...
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UOT ECO 320 Final Exam University of Toronto 2024 actual exam practice solution
- Exam (elaborations) • 78 pages • 2024
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UOT ECO 320 Final Exam University of Toronto 2024 actual exam practice solution 
Property Law 
Imagine a train running through a wheat field and dispersing sparks which tend to set fire to the wheat. Suppose that the value of the lost wheat is $50. Moreover, suppose that the Railroad Company could prevent the loss by installing a spark arrestor at a cost of $100. Will the outcome be the same regardless of which party is endowed with the relevant property rights? What is the socially optimal outc...
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UOT ECO 320 Economic Analysis of Law Final Exam Review (University of Toronto)
- Exam (elaborations) • 59 pages • 2024
-
- $12.49
- + learn more
UOT ECO 320 Economic Analysis of Law Final Exam Review (University of Toronto)
-
UOT ECO 320 Final Exam University of Toronto 2024 actual exam practice solution.
- Case • 78 pages • 2024
-
- $12.49
- + learn more
UOT ECO 320 Final Exam University of Toronto 2024 actual exam practice solution.
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