Japanese Law: An Economic Approach

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Author: J. Mark Ramseyer

ISBN-10: 0226703851

ISBN-13: 9780226703855

Category: Economics - General & Miscellaneous

In this introduction to Japanese law, J. Mark Ramseyer and Minoru Nakazato combine an economic approach with a clear and often amusing account of the law itself to challenge commonly held ideas about the law. Arguing against such things as the assumption that Japanese law differs from law in the United States and the idea that law plays only a trivial role in Japan or is culturally determined, this book will be recognized as a major contribution to the understanding of Japanese law.

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In this introduction to Japanese law, J. Mark Ramseyer and Minoru Nakazato combine an economic approach with a clear and often amusing account of the law itself to challenge commonly held ideas about the law. Arguing against such things as the assumption that Japanese law differs from law in the United States and the idea that law plays only a trivial role in Japan or is culturally determined, this book will be recognized as a major contribution to the understanding of Japanese law."A compelling economic analysis. . . . This book remains one of the few concerning Japanese law that successfully brings to life the legal culture of Japan." —Bonnie L. Dixon, New York Law Journal Law and Politics Book Review - Kenneth Holland The authors have demonstrated the utility of the economic approach to analysis of the law and legal system of countries around the world. The approach reveals inefficiencies and can contribute to legal reform. The book proves its premise that Japanese law closely matches that of the United States and that the remaining differences are due to institutional variation.

List of Tables and FiguresPrefaceAcknowledgmentsCaveatsExchange Rates1Introduction12Property223Contracts434Torts755Corporations1086Civil Procedure1367Criminal Law and Procedure1518Administrative Law1919Income Tax220Notes249Suggestions for Further Reading289Table of Statutes297Index303

\ Kenneth HollandThe authors have demonstrated the utility of the economic approach to analysis of the law and legal system of countries around the world. The approach reveals inefficiencies and can contribute to legal reform. The book proves its premise that Japanese law closely matches that of the United States and that the remaining differences are due to institutional variation.\ — Law and Politics Book Review\ \