The field of law and economics has matured to a point where scholars employ economic methods to understand the nature of legal rules and guide legal reform. This text is a broad survey of that scholarship as it has been applied to problems in tort, contracts, property and litigation.
TABLE 1-1 For Good X MSB = MPB MPB = P P = MPC MPC = MSC Thus, MSB = MSC yields a Pareto-efficient allocation of resources. is not any different from the incremental cost that the individual firm incurs in undertaking the production of ...
With the Fifth Edition of their best-selling text, Cooter and Ulen provide a clear introduction to economic analysis and its application to legal rules and institutions that is accessible to any student who has taken principles of ...
... Jay M. , 164 , 204 Hirsch , Werner Z. , 23 , 187 , 193 , 206 Feldman , Allan M. , 45 , 192 Hirschoff , Jon C. ... Philip P. , 97 , 100 , 196 , 198 Hovenkamp , Herbert , 53 , 193 Fried , Charles , 191 Hudson , Brad , 204 Friedman ...
This two volume Handbook is intended to foster the study of the legal system by economists. *The two volumes form a comprehensive and accessible survey of the current state of the field. *Chapters prepared by leading specialists of the area ...
"The Economics of Lawmaking explores the relative advantages and limits of alternative sources of law.
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...
It is the latter approach that Judge Calabresi advocates, in a series of eloquent, thoughtful essays that will appeal to students and scholars alike.
Softbound - New, softbound print book.
New to the Fifth Edition: A streamlining of the products liability chapter A revised discussion of the redistributive effects of legal rules to reflect more recent scholarship on this topic The addition of several other refinements in the ...
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.