Economic Analysis of Law
Lucid, comprehensive, and definitive in its field, this text covers every aspect of economic analysis of the law, from common law, corporate and commercial law, and public international law to family law, evidence law, and the economic theory of democracy. Updated in its Seventh Edition, ECONOMIC ANALYSIS OF LAW is the preeminent work in its field, covering the legal-economic perspective on all key areas, from common law to the Constitution. Authored by the pioneer in law and economics analysis, this user-friendly and accessible text sustains itself as a favorite among students and professors, alike.
Many great features make this text an ideal option for your classroom:
Maintains itself as the preeminent work in the field, covering the legal-economic perspective on all key areas, from common law to the Constitution
Presents the expertise of a highly distinguished author, the pioneer in law and economics analysis
Offers accessible, lucid, and user-friendly writing and organization:
a. Non-quantitative approach does not assume or require prior knowledge of economics or mathematics
b. Part and chapter organization based on legal, not economic concepts
Includes end-of-chapter sections to reinforce and extend learning through problems and suggested further readings
This edition highlights a variety of new information, keeping it timely and topical:
The corporations chapter is revised and updated significantly in light of Enron and other corporate scandals; and Congress's response in the Sarbanes-Oxley Act
An exciting new field of economicsorganizational economicsis now included, with particular reference not only to corporations but also to nonprofits, law firms, and the judiciary
The rapidly expanding interest in the legal regulation of national security and foreign affairs (torture issues, executive power, the USA Patriot Act, etc.) requires the addition of the interesting economic issues presented by such regulation
Expanded coverage of foreign law, of which there is increased interest, both substantive and institutional, and both national and supranational (e.g., European Union) throughout the book.
New insights in the chapter on contracts are drawn from the authors recent scholarly work on contract law
Since intellectual property is perhaps the hottest field in law today, the author incorporates some ideas from a book he recently coauthored with William Landes on the economic structure of intellectual property law
The chapter on finance is revised and updated to reflect the growing importance of behavioral finance.
Novel legal-economic issues relating to the Internet are added to several chapters
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The Nature of Economic Reasoning
The Economic Approach to Law
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