Economic Analysis of LawThis classic casebook earned its position as the preeminent work in the field by teaching generations of students the meaning and methods of economic analysis. The Sixth Edition continues to cover every aspect of economic analysis of the law--from common, business, and public International Law to public market regulation, evidence, and the economic theory of democracy.These distinctive features make Economic Analyis of Law such a bestseller: - author Richard A. Posner is a pioneer in law and economics analysis - comprehensive coverage of all key areas, from common law to the constitution - lucid, and user-friendly writing and organization to makes the study of economics more accessible - non-quantitative approach does not assume or require any prior knowledge of mathematics or economics - part and chapter organization is based on legal--not economic--concepts - excellent topical coverage stimulates class discussion - end-of-chapter sections extend learning through problems and suggested further readingsRevised and updated for its Sixth Edition, the casebook now offers: - new coverage in areas such as evidence, intellectual property, public International Law, and the economics of presidential pardons - chapters on antitrust and taxation that have been extensively revised - responses to all questions and problems in the Teacher's ManualLet your students learn economic analysis from the expert who set the standard through his definitive reference, Posner's Economic Analysis of Law, Sixth Edition. |
From inside the book
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Page 31
... discussed in Chapter 21. Also discussed later are fields that could be considered common law in the third and broadest sense of the word , including important areas of constitutional law . Common law in the second sense , when viewed ...
... discussed in Chapter 21. Also discussed later are fields that could be considered common law in the third and broadest sense of the word , including important areas of constitutional law . Common law in the second sense , when viewed ...
Page 532
... discussed in previous chapters seem designed to promote efficiency , many others , such as the minimum wage , auto safety legislation , the National Labor Relations Act , and restrictions on competition in banking - to name just a few ...
... discussed in previous chapters seem designed to promote efficiency , many others , such as the minimum wage , auto safety legislation , the National Labor Relations Act , and restrictions on competition in banking - to name just a few ...
Page 654
... discussed in the preceding section ; they limit the power of government to intimidate opponents . Even the just - compensation clause of the Fifth Amendment can be interpreted in this light ( how ? ) . But this is not true of all ...
... discussed in the preceding section ; they limit the power of government to intimidate opponents . Even the just - compensation clause of the Fifth Amendment can be interpreted in this light ( how ? ) . But this is not true of all ...
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Common terms and phrases
accident agency antitrust benefits breach buyer capital cartel Chapter Coase Theorem common law compensation competition consumers contract corporation costly court creditors crime criminal damages defendant demand deter discrimination discussed earnings economic analysis economist effect efficient employer enforcement evidence example expected federal firm firm's game theory greater higher incentive income increase infra injurer interest investment judges judicial labor land Law & Econ lawyers less limited litigation loss marginal cost monopolist monopoly monopoly profits negligence nomic opportunity cost optimal output owner parties percent person plaintiff pollution Posner predatory pricing price discrimination probability problem profits property rights protection punishment railroad rational reduce regulation rent-seeking require result revenue risk risk averse rule sell seller shareholders social costs strict liability substitute Suppose supra theory tort transaction costs trial utility victim wage wealth widgets workers