The Economics of Law
194 Pages Posted: 10 Oct 2006
In this second edition of The Economics of Law, an introduction to, and overview of, the economic analysis of law is provided. The text covers the history of the economics of law, the difference between economic and legal reasoning, basic economic concepts, and application of economics to tort and crime, and has been expanded to cover the economics of competition law and regulation. The first edition owas one of the first non-US introductions to the economics of law. This edition has been described by Professor Sam Peltzman, general editor of the Journal of Law & Economics, as the most lucid exposition of the topic I've seen, and I am recommending to all who ask 'what's this law and econ stuff about'.
Keywords: economics of law, tort, crime, competition law, regulation
JEL Classification: K10, K11, K14, K21, K32, L40, L51
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