Resumen
This chapter analyses the normative appeal of a conception of the just price based on the value of market efficiency (the ‘Efficiency Conception’). The chapter suggests that the Efficiency Conception is a normatively attractive conception of the just price only under conditions of wealth equality and discusses two common objections to the feasibility of a price system committed to wealth equality.
Idioma original | Inglés |
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Título de la publicación alojada | Economic Analysis of Law in European Legal Scholarship |
Subtítulo de la publicación alojada | Efficiency, Reciprocity, Meritocracy |
Editores | Klaus Mathis, Avishalom Tor |
Editorial | Springer |
Páginas | 29-49 |
Número de páginas | 21 |
ISBN (versión digital) | 978-3-031-56822-0 |
ISBN (versión impresa) | 978-3-031-56821-3 |
DOI | |
Estado | Publicada - 2024 |
Serie de la publicación
Nombre | Economic Analysis of Law in European Legal Scholarship |
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Volumen | 17 |
Nota bibliográfica
Publisher Copyright:© The Author(s), under exclusive license to Springer Nature Switzerland AG 2024.
Áreas temáticas de ASJC Scopus
- Derecho
- Filosofía