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.
Preface
Acknowledgements
Chapter 1 Introduction
Thomas S. Ulen
Chapter 2 What is Innovative Leadership? An industry perspective
Uday Racherla
Chapter 3 From explosion to radiation: Why court delays affect loan EMIs and the wider economy
Ramanand Mundkur
Chapter 4 Mergers, acquisitions,competitiveness and competition: A study of the Indian cement sector
Neha Jaiswal, Pulak Mishra, and Indrajit Dube
Chapter 5 Gender identity, perceived gender discrimination and stress
among working professionals
Navya Jain and Meena Osmany
Chapter 6 Modelling drivers of Financial Inclusion in India to aid policy-makers - an AHP approach
Syed Hameedur Rahman Zaini, and Asif Akhtar
Chapter 7 What drives level of Financial Inclusion: Study with reference to India?
Ravindra Tripathi, Priyanka Tandon, and Nikhil Yadav
Chapter 8 Need for institutional arbitration in construction contracts in India
Mohana Raje, Kavita Kalyandurgmath, and Jagdish Raje
Chapter 9 Economic analysis of Pharmaceutical Patent regime in India: A study in light of pre and post TRIPS regime
Dr. Hardik H. Parikh
Chapter 10 Governance of Nanomaterials in India: Learning from institutional analysis of the European REACH Regulation
Julian Schenten
Chapter 11 Should a Constitution contain explicit anti-corruption mechanism?
Supruet Thavornyutikarn
Chapter 12 The Way Ahead: Towards A Social Economics?
Upendra Baxi
Index
