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Nurturing Smart Teachers Covers 'Law & Economics', Presentation of Prof Satish K Jain,

My YouTube channel titled #LexConsiliumFoundation, as part of its playlist #NurturingSmartTeachers has the pleasure to present its video number two on #lawandeconomics showcased by Professor #SatishJain, the eminent economist.
The lecture starts with the main findings of 
#lawandeconomics. Thereafter the significance of the liability rules is highlighted. The definition and different types of this rule are enumerated. The implications of the #strictliability are also pointed out together with the relevance of #contributorynegligence and #negligentliability.The application of #transactioncosts is illustrated along with comments on #yardsticksofefficiency in the context of law.
The viewers are requested to like, share and offer their comments. Please subscribe to channel too.
Video can be seen on the link below.
https://youtu.be/UJzEZyxvJbY?si=REJN-LTxIbbOm6vP

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