This compact paperback, distinguished by its brevity and clarity, studies a limited number of topics in the economic analysis of the law in order to help students learn how to approach legal rules like an economist. Among the many attributes of this venerable course book: Presents a good basic knowledge of economic principles and issues pertaining to the law. Uses a normative approach that shows students how to assess legal rules and policies in terms of economic and social goals. Focuses on a set of core topics, including property, contracts, torts, criminal law, and litigation. Offers clear explanations in accessible terms without using specialized jargon, math, or graphs. Shows students how to think like an economist and understand legal issues from an economic perspective. New to the Fourth Edition: Updated and refined throughout. The chapter on probability rules has been expanded. A new chapter that discusses the liability system versus the regulatory system. The bibliography has been completely updated. A short appendix with a sample syllabus that could be used as a basis for teaching the course or for a student to follow for additional readings. An Introduction to Law and Economics, Fourth Edition, continues to offer students succinct, clear explanations of the economic analysis of law and the legal system.
This best-selling text continues to provide studentswith a clear method for applying economic analysis to the study of legal rules and institutions. Following an overview of the tools of economic...
Kessler, Daniel, and Steven D. Levitt. 1999. Using Sentence Enhancements to Distinguish between Deterrence and Incapacitation. Journal of Law and Economics 42:343–363. Kessler, Daniel, and Mark McClellan. 1996.
Guardsmark, Inc., 946 F. Supp. 495 (E.D. Ky. 1996), 196 Boulanger v. ... St. Paul Fire & Marine Ins. Co., 985 F.2d. 323 (7th Cir. 1993), 390 Brown v. ... State, 155 A. 153 (Md. 1931), 463 Byrne v. Boadle, [1863] 2 H. & C. 722, ...
This appealing text for the Law and Economics course features: An engaging approach that stresses student comprehension Numerous cases based on court decisions Extensive coverage of important and timely...
Collectively, the essays in Law, Economics, and Conflict rethink how the insights of law and economics can inform policies that provide individuals with the space and means to work, innovate, and prosper—while guiding states and ...
Gordon Tullock's innovative scholarship in law and economics shines in this volume. It includes, in full, his famous book The Logic of Law, the first book to analyze the law...
The second reason why parties may attach different likelihoods to the outcome of trial is asymmetric access to information. If one party has private knowledge that is indicative of either magnified or reduced prospects for the plaintiff ...
This is a history—though, intentionally, a brief history—of the rise of law and economics as a field of thought in the U.S. college and law school academy, though the field has expanded to Europe and South America and will expand ...
This book will undoubtedly raise the discourse on the increasingly important topic of the economics of law, giving both supporters and critics of the economic perspective a place to organize their ideas.
This book is not only an important contribution to law and economics scholarship but will also be of great interest to both universities and research institutions working within the field.