Law and Economics and the Labour Market

This important book plays a vital role in bridging the gap between labour economics, law and economics and the legal profession. Beginning with a general overview of the relationship between labour law and economic theory, it then goes on to examine specific areas within the field of law and economics including:

• the new law and economic theories on contract formation, with a case study from the Dutch system
• penalty default rules as applied to Israeli labour law
• dismissal regulation in the UK and US from a comparative perspective
• overtime hours in the US and severance pay in Germany
• the European Works Council
• an historical and economic analysis of the German co-determined corporation.