[Excerpt] Market intervention by the courts may take many forms and may occur in a variety of contexts. Sometimes even the most obscure types of judicial decisions can exert a significant impact on the efficiency of exchange (i.e., the price-quality equilibrium) in the market. Consequently, one criterion for evaluating legal precedent is its impact, if any, on the efficiency of exchange in the market.
Johnson, S. B. & Corgel, J. B. (1983). Market intervention by the courts: The economics of occupational boundary-setting [Electronic article]. Harvard Journal of Law and Public Policy, 6(2), 199-218. Retrieved [insert date], from Cornell University, School of Hospitality Administration site: http://scholarship.sha.cornell.edu/articles/552/