Provides students with a method for applying economic analysis to the study of legal rules and institutions. Four key areas of law are covered: property; contracts; torts; and crime and punishment. Added examples and cases help to clarify economic applications further.
This best-selling text continues to provide students with a clear method for applying economic analysis to the study of legal rules and institutions. Following an overview of the tools of economic analysis for law students and the tools of legal analysis for economics students, uniquely paired chapters offer a combination of clear theoretical analysis followed by practical application. Economic theories in four core areas of the law are used to explain and analyze topics, illustrating how microeconomic theory can be used to increase understanding of the law and improve public policy. The Third Edition has been thoroughly revised, improving the clarity and flow in exposition, as well as updating the data and examples.
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12. Topics in the Economics of Crime and Punishment.
Law and Economics by Robert D. Cooter
Robert D. Cooter
Used - Very Good
Pearson Education (US)
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