It is well known that sustainable development practices, technological innovation and good governance play a major role in the accumulation of wealth in a knowledge economy. Hence, the state promotes competition, provides incentives to conserve resources and creates opportunities for citizens to push for innovation and invention. As a result, the formulation of efficient legal rules is essential for protecting intellectual property rights, fully specified contracts and effective ex-ante and ex-post systems. However, can efficient legal rules improve societal well-being by changing the behaviour of individuals and basic social structures and trends? And if so, how can these legal rules be formulated?
In their Second International Conference on Law and Economics, the Indian Institute of Technology Kanpur aimed to address the formulation and implementation of efficient legal rules while at the same time working towards a greater dissemination of law and economics-based research. This book is the final outcome of this conference that saw over thirty presentations take place. The twelve carefully selected contributions to this volume cover a broad range of topics within law and economics from engaging with decisions makers to create a process for the routine collection of empirical evidence to perceived gender discrimination and stress among working professionals. This book is not only an important contribution to law and economics scholarship but will also be of great interest to both universities and research institutions working within the field.
About the Author
Dr Ranita Nagar is a Professor of Economics and the Dean of Research and Publications at Gujarat National Law University, Gandhinagar. She also holds the post of Director at the GNLU Center for Law and Economics. She has PhD in Economics from Gujarat University, Ahmedabad. In addition to publications, she has been instrumental in introducing courses on law and economics at the University.
Table of Contents
1 The Allure of Law and Economics and ofEvidence-Based Law
Thomas S. Ulen
2What is Innovative Leadership? An Industry Perspective
3 From Explosion to Radiation: Why Court Delays Affect Loan EMIs and the Wider Economy
4Mergers, Acquisitions, Competitiveness and Competition: A Study of Indian Cement Sector
Neha Jaiswal, Pulak Mishra and Indrajit Dube
5 Gender Identity, Perceived Gender Discrimination and Stress among Working Professionals
Navya Jain and Meena Osmany
6Modelling Drivers of Financial Inclusion in India to aid Policy-makers – An AHP Approach
Syed Hameedur Rahman Zaini and Asif Akhtar
7What drives level of Financial Inclusion: Study with reference to India?
Ravindra Tripathi, Priyanka Tandon, and Nikhil Yadav
8Need for Institutional Arbitration inConstruction Contracts in India
Mohana Raje, Kavita Kalyandurgmath, and Jagdish Raje
9Economic analysis of Pharmaceutical Patent regime in India: A study in light of pre and post TRIPS regimes.
Hardik H. Parikh
10Governance of Nanomaterials in India: Learnings from Institutional Analysis of the European REACH Regulation
11Should a Constitution contains Explicit Anti-corruption Mechanism?
12The Way Ahead: Towards a Social Economics?