Providing an economic account of why trusts exist and how trust law should beshaped, this book explains the economic benefits of trusts as an extension ofthe law of property, arguing against accounts of trusts law grounded in the law of personal obligations. The theoretical model is then used to criticise recent developments in the law. INDICE: Introduction; Part I: Trusts as Contracts; 1: The Trust Deal and the Rhetoric of Contracts; 2: Agency Costs and the Nexus of Contracts; Part II: Trusts as Firms; 3: Trusts as Entities; 4: Trusts as Economic Firms; 5: The Function of Trusts in Business and Commerce; Part III: Trusts as Property; 6: The Decline of Property and Trust; 7: Reconceptualising Property and Funds in Law and Economics; 8: The Economic Structure of Trusts; 9: The Boundaries ofthe Trust Concept; Conclusion: The Relationship Between Property and Trusts; Bibliography
- ISBN: 978-0-19-960240-7
- Editorial: Oxford University
- Encuadernacion: Cartoné
- Páginas: 240
- Fecha Publicación: 13/01/2011
- Nº Volúmenes: 1
- Idioma: Inglés