This book empirically explores whether and under what conditions the judicial process is efficient. Three specific issues are addressed: first, disputants self-select into litigation. Do they tend to bring cases with merit? Second, filed cases differ in their social import. Do courts select more important cases to devote more resource to? Third, courts establish precedents, affect resource allocation in the cases at hand, and influence future behaviours of transacting parties. Do courts, like Judge Posner asserts, tend to make decisions that enhance allocative efficiency and reduce transaction costs? Positive answers to the above questions attest to the efficiency of the judicial process. What drive efficient or inefficient outcomes are the selections and decisions by litigants, litigators, and judges. Their earlier selections and decisions affect later ones. Eleven chapters in this book, authored by leading empirical legal scholars in the world, deal with these issues in the US, Europe, and Asia.

Leading empirical legal scholars from around the world explore whether and under what conditions the judicial process is efficient.

About the Author
Yun-chien Chang is a Research Professor at Institutum Iurisprudentiae, Academia Sinica, Taipei, Taiwan and serves as the Director of its Empirical Legal Studies Center. He was a visiting professor at New York University, University of Chicago, Universitat St. Gallen, University of Haifa, Hebrew University of Jerusalem, and Erasmus Universiteit Rotterdam. Professor Chang has authored and co-authored more than ninety journal articles and book chapters. His English articles have appeared in leading journals in the world, such as the University of Chicago Law Review; the Journal of Legal Studies; the Journal of Legal Analysis; the Journal of Law, Economics, and Organization; the Journal of Empirical Legal Studies; International Review of Law and Economics; among others.


Book Information
ISBN 9781009305785
Author Yun-Chien Chang
Format Paperback
Page Count 312
Imprint Cambridge University Press
Publisher Cambridge University Press
Weight(grams) 453g
Dimensions(mm) 229mm * 152mm * 17mm