Law and Economics: Cases, Materials, and Behavioral PerspectivesThis law school textbook presents a broad examination of law and economics. It reviews the efficiency implications of various legal rules and the question of whether, and how much, economics should matter. It distinguishes between normative and positive issues. A particular emphasis is on integrating the teachings of behavioral economics and socioeconomics into the more conventional economic analysis of law. Chapters include the tools of analysis, behavioral economics, the Coase Theorem, contract law, tort law, criminal law, government regulation, antitrust, and intellectual property. |
Contents
vii | 24 |
Concepts of Efficiency and Their Limitations | 41 |
Externalities Free Riding and Game Theory | 60 |
Copyright | |
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action affirmed alleged allocation allocative efficiency Amendment analysis applied award benefits breach Circuit claim clause Coase Theorem comparative negligence compensation competence competition Condere Confrontation Clause Conrail consumers context contract contributory negligence cost counsel Court of Appeals criminal decision defendant defendant's determine district court doctrine doctrine of equivalents effect efficient employer enforcement equity theory evidence example fact factors filed firm Fourth Amendment harm increase infringement injunction injury interest issue Judge jury law and economics litigation loss manufacturer means ment monopoly negligence Notes and Questions output parties performance person plaintiff Posner preference prisoners promise promissory estoppel protection punitive damages rational reasonable regulation relevant result risk S.Ct sellers sentence specific standard statute strict liability summary judgment Suppose supra Supreme Court tion tort trial court United utility violation wages Walgreen