Jump to ContentJump to Main Navigation
Economic Morality and Jewish Law$
Users without a subscription are not able to see the full content.

Aaron Levine

Print publication date: 2012

Print ISBN-13: 9780199826865

Published to Oxford Scholarship Online: April 2015

DOI: 10.1093/acprof:osobl/9780199826865.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 19 April 2019

The Sale of the Birthright and the Bilateral Monopoly Model

The Sale of the Birthright and the Bilateral Monopoly Model

Chapter:
(p.51) Chapter 2 The Sale of the Birthright and the Bilateral Monopoly Model
Source:
Economic Morality and Jewish Law
Author(s):

Aaron Levine

Publisher:
Oxford University Press
DOI:10.1093/acprof:osobl/9780199826865.003.0002

This chapter discusses the economic perspective of a birth right sale between Jacob and Esau using the bilateral monopoly model, explaining that the outcome of the sale will depend on the relative leverage each party perceives he has over the other. It also presents the application of the bilateral monopoly model in Jewish law that highlights the issues of fairness of price, the ethics of engaging in strategic behavior, and the option of whether to seize or not an opportunity.

Keywords:   birthright sale, bilateral monopoly model, Jewish law, law of ona'ah, Esau, Jacob, emet

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .