Index

Abandoned property, 48

Ability-to-pay principle, 167

Accident, 98–99

“Act of God” problem, 146

Adjudication, 24

Administrative cost, 35, 44

Adverse possession, 27

Adverse selection, principle of, 108

Affirmative action, 160

Allocative efficiency, 29

American Review of Political Economy, 26

Anticipatory repudiation, 80–81

Antimonopoly law, 134–136

Antitrust, 139

Arbitrage, 124, 140

Assumption of risk, defence to tort, 104

Bailee, 45–46

Bankruptcy, 127

Benefits-received principle, 169

Binding precedent, 6

Bona fide qualification, 160–161

Breach, of contracts, 77–81

defences to, 81–91

efficient, 81

Business regulation, 66–68

Butterfly effect, 101

Caveat emptor, 75

Civil law, 3

Coase theorem, 148

Code of Ur-Nammu, 3

Code of Urukagina, 3

Collateral, ...

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