{"product_id":"getting-incentives-right-robert-d-cooter-9780691173740","title":"Getting Incentives Right: Improving Torts, Contracts, and Restitution","description":"\u003cp\u003e\u003cb\u003eHow tort, contract, and restitution law can be reformed to better serve the social good\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eLawyers, judges, and scholars have long debated whether incentives in tort, contract, and restitution law effectively promote the welfare of society. If these incentives were ideal, tort law would reduce the cost and frequency of accidents, contract law would lubricate transactions, and restitution law would encourage people to benefit others. Unfortunately, the incentives in these laws lead to too many injuries, too little contractual cooperation, and too few unrequested benefits. \u003ci\u003eGetting Incentives Right\u003c\/i\u003e explains how law might better serve the social good. \u003cp\u003e\u003c\/p\u003eIn tort law, Robert Cooter and Ariel Porat propose that all foreseeable risks should be included when setting standards of care and awarding damages. Failure to do so causes accidents that better legal incentives would avoid. In contract law, they show that making a promise often causes the person who receives it to change behavior and undermine the cooperation between the parties. They recommend several solutions, including a novel contract called \"anti-insurance.\" In restitution law, people who convey unrequested benefits to others are seldom entitled to compensation. Restitution law should compensate them more than it currently does, so that they will provide more unrequested benefits. In these three areas of law, \u003ci\u003eGetting Incentives Right\u003c\/i\u003e demonstrates that better law can promote the well-being of people by providing better incentives for the private regulation of conduct.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Robert D. Cooter, Ariel Porat\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0691173745\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780691173740\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Princeton University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 12\/13\/2016\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 240\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.83lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.21h x 6.14w x 0.55d","brand":"Robert D. Cooter","offers":[{"title":"Paperback","offer_id":44120045879551,"sku":"9780691173740","price":32.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_3b5fe36b-9ad8-473c-b798-4f9ae9101dad.jpg?v=1687412273","url":"https:\/\/www.whiterainbookhouse.com\/products\/getting-incentives-right-robert-d-cooter-9780691173740","provider":"WR Book House","version":"1.0","type":"link"}