Law and Economics in a NutshellDescription: This guide provides expert coverage of the classic issues, including basic price theory; definitions of efficiency; the Coase Theorem; and the economics of contract law, tort law, criminal law, regulation, antitrust, and intellectual property. The text also discusses less conventional topics such as public choice, what it means to be a rational maximizer of self-interest, the assumptions underlying economic analysis as applied to law, limitations on the application of economic theory to law, the theory of second best, the prisoner’s dilemma, the economics of marriage, the economics of inheritance, evolutionary theories of law, the economics of settlement, and the implications of recent research into happiness.
Chapter One. Introduction
Chapter Two. Economic Tools and Concepts
Chapter Three. Normative and Behavioral Complications in the Application of Economics to Law
Chapter Four. The Coase Theorem and Related Property Issues
Chapter Five. The Economics of Enforcing Promises
Chapter Six. Economics of Tort Law
Chapter Seven. The Economics of Settlements
Chapter Eight. Economic Analysis of Criminal Law
Chapter Nine. The Economics of Antitrust
Chapter Ten. The Economics of Government Regulation
Chapter Eleven. Intellectual Property
Chapter Twelve. The Evolution of Law
Chapter Thirteen. Tax Policy and Taxes on Intergenerational Transfers
Chapter Fourteen. Marriage and Divorce
Chapter Fifteen. Public Choice