This Law and Economics: Positive, Normative and Behavioral Perspectives 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.
Table of Contents includes:
An Introduction to Law and Economics;
Behavioral Assumptions and the Economic Analysis of Law;
The Coase Theorem and Related Matters;
The Economics of Promissory Obligations;
The Economics of Tort Law;
The Law and Economics of Criminal Law and Procedure;
The Law and Economics of Regulating and Deregulating Markets;
The Economics of Antitrust Law;
The Economics of Intellectual Property.
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