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This book is now Out of Print.
A new edition has been published, the details can be seen here:
Risks and Wrongs New ed isbn 9780199253616

Risks and Wrongs

Jules L. ColemanWesley Newcomb Hohfeld Professor of Jurisprudence and the Philosophy of Law, Yale University, USA

ISBN13: 9780521428613
ISBN: 0521428610
New Edition ISBN: 0199253617
Published: November 1992
Publisher: Oxford University Press
Country of Publication: UK
Format: Paperback
Price: Out of print



This major new book by one of America's preeminent legal theorists is concerned with the conflict between the goals of justice and economic efficiency in the allocation of risk, especially risk pertaining to safety. The author approaches his subject from the premise that the market is central to liberal political, moral, and legal theory. In the first part of the book, he rejects traditional 'rational choice' liberalism in favor of the view that the market operates as a rational way of fostering stable relationships and institutions within communities of individuals with broadly divergent conceptions of the good. However, markets are needed most where they are most difficult to create and sustain, and one way to understand contract law in liberal legal theory, according to Professor Coleman, is as an institution designed to reduce uncertainty and thereby make markets possible.

Subjects:
Jurisprudence