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The economic structure of trusts

Author: M W Lau
Publisher: Oxford : Oxford University Press, 2011.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Providing an economic account of why trusts exist and how trust law should be shaped, this book explains the economic benefits of trusts as an extension of the 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.
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Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: M W Lau
ISBN: 9780199602407 0199602409
OCLC Number: 778786212
Notes: Title from home page (viewed May 10, 2011).
Description: 1 online resource
Contents: 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 of the Trust Concept ; Conclusion: The Relationship Between Property and Trusts ; Bibliography
Responsibility: M.W. Lau.

Abstract:

Providing an economic account of why trusts exist and how trust law should be shaped, this book explains the economic benefits of trusts as an extension of the law of property, arguing against  Read more...

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This is a short and enthusiastically written book that university law faculties will surely include on the trust student's reading list. * Donovan Waters, Canadian Business Law Journal *

 
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