The transaction, the basic unit of business has been studied by theoretical economists for decades. Rubin has translated their research into basic principles for managers at all levels to structure transactions to best achieve both individual and company goals. Rubin analyzes and offers strategies for transactions of all kinds. This is the first book on the principles of a new managerial economics, based on transaction cost economics.

Managing Business Transactions

Business & Money

Rubin, Paul H.

Economics

Free Press

In 1984, the Department of Justice settled its antitrust case against AT&T. The agreement, embedded in the Modification of Final Judgment, led to a divestiture of the local telephone exchanges from AT&T to the Regional Bell Operating Companies (known as the Baby Bells ). This agreement gave unprecedented power over a major US industry to one man, Judge Harold Greene of the US District Court of the District of Columbia. The Baby Bells could not enter any line of business without approval from Judge Greene. With technological change it became increasingly desirable for the Baby Bells to enter different lines of business, but each attempt was subject to legal challenge and lengthy, costly litigation. In 1994, the Baby Bells mounted a major legal challenge to the Modification of Final Judgement (MFJ). As part of their strategy, they asked leading scholars in the field to examine the costs and benefits of the MFJ and provide evidence in the form of affidavits regarding its effect. Using a cost-benefit framework, the conclusion of the analysis is that the MFJ should be vacated and competition should be allowed in the industry. Deregulating Telecommunications draws together a group of leading practitioners and academics in the fields of regulation, industrial organisation and antitrust to explore: * A cost-benefit analysis of the 1984 AT&T antitrust settlement * Theoretical and empirical studies that analyse the results of the settlement from its inception in 1984 to 1994 * An explanation for the recent policy decisions to reduce the amount of regulation in telecommunications * Analysis vital to predicting the results of any deregulation in telecommunications in the future This book will prove invaluable to economists interested in telecommunications, as well as those interested in antitrust and in regulation.

Deregulating Telecommunications: The Baby Bells Case for Competition

Higgins, Richard S.

Management & Leadership

wiley

Privacy and the Commercial Use of Personal Information

Hon. Orrin G. Hatch United States Senate Electronic commerce will be pivotal to the United States economy in the 21 SI Century. With the advent ofelectronic commerce, some consumers have become concerned about the disclosure, transfer, and sale of information which businesses have collected about them. These concerns purportedly are slowing the rate ofexpansion ofelectronic commerce, thereby putting at risk the future growth of the New Economy. To reduce this risk, a variety of schemes have been proposed under which the government would regulate online privacy. Congress currently is in the midst ofa vigorous debate as to whether the government should regulate on-line privacy standards, and, ifso, what form such regulation should take. This succinct yet powerful book by Paul Rubin and Thomas Lenard goes to the heart of these issues. It explains that there is no evidence of actual consumer harm or market failure that could justify burdensome government regulation of online privacy. It describes the tremendous advantages consumers currently receive from the free flow of information collected on line, advantages which could be eliminated if the government unnecessarily regulates and stops this flow of information. It argues that the free market provides businesses with compelling incentives to adopt their own measures - such as seal programs and novel technologies - to assuage consumer privacy concerns. This book presents compelling evidence to support these and many other points central to the continuing debate in the halls of Congress and elsewhere concerningonline privacy.

Lenard, Thomas M.

Computers & Technology

Springer

Darwinian Politics is the first book to examine political behavior from a modern evolutionary perspective. Here, Paul H. Rubin discusses group or social behavior, including ethnic and racial conflict; altruism and cooperation; envy; political power; and the role of religion in politics ¾ issues that have formed the hallmark of human social behavior.Adopting a Darwinian perspective, Rubin demonstrates why certain political-moral philosophies succeed or fail in modern Western culture. He begins by showing relationships between biology and natural selection and the history of political philosophy and explains why desirable policies must treat each person as an individual. He considers the notion of group identity and conflict, observing a human propensity to form in-groups, a behavior that does not necessitate but often leads to deviancies such as racism. In discussing altruism, Rubin shows that people are willing to aid the poor if they are convinced that the recipients are not shirkers or free loaders. This explains why recent welfare reforms are widely viewed as successful. Envy, a trait that is often counterproductive in today’s world, is also addressed. In comparing major moral philosophical systems, Rubin contends that utilitarianism is broadly consistent with our evolved preferences. He illustrates evolutionary premises for religious belief and for desires to regulate the behavior of others, and how in today’s world such regulation may not serve any useful purpose.Ultimately, Rubin argues that humans naturally seek political freedom, and modern Western society provides more freedom than any previous one. In light of his analysis, the author extrapolates that, while there are still areas for improvements, humans have done a remarkably good job of satisfying their evolved political preferences.

Darwinian Politics: The Evolutionary Origin of Freedom (Rutgers Series on Human Evolution)

Politics & Social Sciences

Philosophy

Rutgers University Press

Darwinian Politics is the first book to examine political behavior from a modern evolutionary perspective. Here, Paul H. Rubin discusses group or social behavior, including ethnic and racial conflict; altruism and cooperation; envy; political power; and the role of religion in politics ¾ issues that have formed the hallmark of human social behavior. Adopting a Darwinian perspective, Rubin demonstrates why certain political-moral philosophies succeed or fail in modern Western culture. He begins by showing relationships between biology and natural selection and the history of political philosophy and explains why desirable policies must treat each person as an individual. He considers the notion of group identity and conflict, observing a human propensity to form in-groups, a behavior that does not necessitate but often leads to deviancies such as racism. In discussing altruism, Rubin shows that people are willing to aid the poor if they are convinced that the recipients are not shirkers or free loaders. This explains why recent welfare reforms are widely viewed as successful. Envy, a trait that is often counterproductive in today’s world, is also addressed. In comparing major moral philosophical systems, Rubin contends that utilitarianism is broadly consistent with our evolved preferences. He illustrates evolutionary premises for religious belief and for desires to regulate the behavior of others, and how in today’s world such regulation may not serve any useful purpose. Ultimately, Rubin argues that humans naturally seek political freedom, and modern Western society provides more freedom than any previous one. In light of his analysis, the author extrapolates that, while there are still areas for improvements, humans have done a remarkably good job of satisfying their evolved political preferences.

Darwinian Politics: The Evolutionary Origin of Freedom

This book is a study of ways to reduce the costs of accident liability litigation through tort reform.

Tort Reform by Contract

Business

Aei Pr

The author argues that there is a current crisis in tort law and advocates that a return to a more widespread use of contracts in three areas - product liability, medical malpractice, and some aspects of automobile accidents. Such contracts, he suggests, should be allowed by the courts.

The US Food and Drug Administration (FDA) is one of the most powerful of federal regulatory agencies, if not the most powerful, regulating about 25 per cent of all consumer goods in the United States. It routinely makes decisions that determine the well-being of millions of people in the United States and around the world concerning foods, drugs, medical devices, and dietary supplements. Although the FDA was created to protect the public, could its actual operations have the opposite effect, causing enormous harm to public health? Assembling the work of three outstanding scholars, Hazardous to Our Health? provides a lucid and comprehensive examination of the FDA: How has the FDA acquired its vast powers? What have been the effects of the FDA? Why has the FDA failed to achieve its goals? Who actually benefits and loses from the FDA? How has the FDA defended itself against criticism? What real alternatives exist to the FDA? and much more. Hazardous to Our Health? goes beyond mere assumptions, conjectures, and political predilections to examine the facts and findings of independent authorities. Providing far more than just an account of the past and a warning for the future, this powe

Hazardous to Our Health?: FDA Regulation of Health Care Products (Independent Studies in Political Economy)

Higgs, Robert

Hansen, Ronald W.

Rules & Procedures

Independent Institute

Science & Math

There is no capitalism without cooperation. In spite of its numerous obvious failures, many presidential candidates and voters are in favor of a socialist system for the United States. Socialism is consistent with our primitive evolved preferences, but not with a modern complex economy. One reason for the desire for socialism is the misinterpretation of capitalism. The standard definition of free market capitalism is that it’s a system based on unbridled competition. But this oversimplification is incredibly misleading—capitalism exists because human beings have organically developed an elaborate system based on trust and collaboration that allows consumers, producers, distributors, financiers, and the rest of the players in the capitalist system to thrive. Paul Rubin, the world’s leading expert on cooperative capitalism, explains simply and powerfully how we should think about markets, economics, and business—making this book an indispensable tool for understanding and communicating the vast benefits the free market bestows upon societies and individuals.

The Capitalism Paradox: How Cooperation Enables Free Market Competition

Bombardier Books

See the best price to sell, buy, or rent books by Rubin, Paul H.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Rubin, Paul H.

See the best price to sell, buy, or rent books by Rubin, Paul H.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Managing Business Transactions

Deregulating Telecommunications: The Baby Bells Case for Competition

Privacy and the Commercial Use of Personal Information

Darwinian Politics: The Evolutionary Origin of Freedom (Rutgers Series on Human Evolution)

Darwinian Politics: The Evolutionary Origin of Freedom

Tort Reform by Contract

Tort Reform by Contract

Hazardous to Our Health?: FDA Regulation of Health Care Products (Independent Studies in Political Economy)

Privacy and the Commercial Use of Personal Information

The Capitalism Paradox: How Cooperation Enables Free Market Competition