Subjects:

Other Jurisdictions , USA

Contents:

Part I. Law and Economics: An Introduction

The Nature of Economic Reasoning

The Economic Approach to Law

Part II. The Common Law

Property

Contract Rights and Remedies

Family Law and Sex Law

Tort Law

Criminal Law

The Common Law, Legal History, and Jurisprudence

Part III. Public Regulation of the Market

The Theory of Monopoly

The Antitrust Laws

The Regulation of the Employment Relation

Public Utility and Common Carrier Regulation

The Choice Between Regulation and Common Law

Part IV. The Law of Business Organizations and Financial Markets

Corporations, Secured and Unsecured Lending, and Bankruptcy

Financial Markets

Part V. Law and the Distribution of Income and Wealth

Income Inequalities, Distributive Justice, and Poverty

Taxation

The Transmission of Wealth at Death

Part VI. The Legal Process

The Market, the Adversary System, and the Legislative Process as Methods of Resource Allocation

The Process of Legal Rulemaking

Civil and Criminal Procedure

Evidence

Law Enforcement and the Administrative Process

Part VII. The Constitution and the Federal System

The Nature and Functions of the Constitution

Economic Due Process

The Economics of Federalism

Racial Discrimination

The Protection of Free Markets in Ideas and Religion

Searches, Seizures, and Interrogations

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 7th ed, 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:-

• 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

• 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 economics organizational economics is 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 author s 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