Law and economics
"In the Fifth Edition of this best-selling text, Cooter and Ulen provide a clear introduction to economic concepts as they apply to five core areas of law: property, contracts, torts, the legal process, and crime. The authors offer new insights into the relationship between law and economics and demonstrate how microeconomic theory can be used to critically evaluate public policy."--BOOK JACKET.
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Review: Law and Economics (4th Edition)User Review - Goodreads
Yea, it's a textbook...but it's amazing.
A REVIEW OF MICROECONOMIC THEORY
AN ECONOMIC THEORY OF CONTRACT
TOPICS IN THE ECONOMICS OF CONTRACT LAW
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accident allocation amount assume award bargain theory benefit breach buyer cause chapter Coase theorem common law comparative negligence Consequently consider consumers contract law court crime criminal curve defendant demand deterrence disputes drug economic theory economists efficiency requires enforce equals equilibrium example exchange expected monetary value expected value explained fact Figure firm game theory harm illustrate incentives income increase indifference curve injurer injurer's investment judge lawyers legal standard litigation loss marginal cost maximize monopoly negligence rule nomic optimal owner ownership Pareto efficiency parties patent payoff perfect compensation performance plaintiff prison probability production profits promise promisor property law property rights punishment Question rancher rational regulations relationship reliance remedy risk rule of strict second player seller settlement social costs strict liability Suppose threat value tion tort law tort liability transaction costs trial United utility victim zero