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Law and Economics,9780321064820
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Law and Economics

by ;
Edition:
3rd
ISBN13:

9780321064820

ISBN10:
0321064828
Format:
Hardcover
Pub. Date:
8/1/1999
Publisher(s):
Addison-Wesley

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Summary

"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.

Table of Contents

Preface ix
An Introduction to Law and Economics
1(8)
What Is the Economic Analysis of Law?
3(1)
Some Examples
4(3)
Why Should Lawyers Study Economics? Why Should Economists Study Law?
7(1)
The Plan of this Book
7(2)
A Review of Microeconomic Theory
9(62)
Overview: The Structure of Microeconomic Theory
9(1)
Some Fundamental Concepts: Maximization, Equilibrium, and Efficiency
10(2)
Mathematical Tools
12(4)
The Theory of Consumer Choice and Demand
16(10)
The Theory of Supply
26(3)
Market Equilibrium
29(5)
Game Theory
34(5)
The Theory of Asset Pricing
39(1)
General Equilibrium and Welfare Economics
39(5)
Decision-Making under Uncertainty: Risk and Insurance
44(14)
An Introduction to Law and Legal Institutions
The Civil Law and the Common Law Traditions
58(3)
The Institutions of the Federal and the State Court Systems of the United States
61(3)
The Nature of a Legal Dispute
64(2)
How Legal Rules Evolve
66(5)
An Economic Theory of Property
71(48)
The Legal Concept of Property
74(1)
Bargaining Theory
75(2)
The Origins of the Institution of Property: A Thought Experiment
77(4)
An Economic Theory of Property
81(17)
How Are Property Rights Protected?
98(8)
What Can Be Privately Owned?
106(3)
What May Owners Do with Their Property?
109(1)
On Distribution
110(9)
Appendix: The Philosophical Concept of Property
114(5)
Topics in the Economics of Property Law
119(58)
What Resources Should be Protected by Property Rights?
120(19)
How are Property Rights Established and Verified?
139(5)
Legal Restraints on Property Rights
144(6)
Conflicting Property Rights: The Problem of Separability
150(9)
Public and Private Property
159(3)
The Public Use of Private Property: Takings and Regulation
162(15)
An Economic Theory of Contract
177(48)
Bargain Theory: An Introduction to Contracts
178(6)
An Economic Theory of Contract
184(41)
Topics in the Economics of Contract Law
225(62)
Remedies as Incentives
225(34)
Formation Defenses and Performance Excuses
259(28)
An Economic Theory of Tort Law
287(42)
Defining Tort Law
289(11)
An Economic Theory of Tort Liability
300(29)
Appendix: Liability and Symmetry
327(2)
Topics in the Economics of Tort Liability
329(44)
Extending the Economic Model
329(16)
Computing Damages
345(10)
Applying the Economic Theory of Tort Liability: Tort Law Reform
355(18)
An Economic Theory of the Legal Process
373(54)
Why Sue?
377(13)
Exchange of Information
390(8)
Settlement Bargaining
398(7)
Trial
405(12)
Appeals
417(10)
An Economic Theory of Crime and Punishment
427(28)
The Traditional Theory of Criminal Law
428(4)
An Economic Theory of Crime and Punishment
432(23)
Topics in the Economics of Crime and Punishment
455(34)
Crime in the United States
455(5)
Does Punishment Deter Crime?
460(6)
Efficient Punishment
466(7)
The Death Penalty
473(6)
The Economics of Addictive Drugs and Crime
479(5)
The Economics of Handgun Control
484(5)
Suggested Answers 489(34)
Case Index 523(2)
Name Index 525(4)
Subject Index 529


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