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Vol 23 No 5 May/June 2018

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Drafting Commercial Agreements

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Fundamental Principles of Law and Economics

ISBN13: 9781138806023
Published: October 2014
Publisher: Routledge
Country of Publication: UK
Format: Paperback
Price: £57.99
Hardback edition , ISBN13 9781138806016

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The relationship between law and economics is complex and wide-reaching. In this new textbook, Alan Devlin explains law-and-economics theory in an accessible and straightforward manner.

The book explores the relationship between law and economics and legal theory by contextualising it within legal issues relevant to both the UK and the US. Drawing on the neoclassical tradition of economic analysis of law as well as the behavioural movement founded in cognitive psychology, Principles of Law and Economics provides a comprehensive summary of the subject.

In addition to his own analysis of the topic, Devlin provides references at the end of every chapter to the most important books and articles in the field, in order to further individual study.

Jurisprudence, Law and Economics

Part I: Economic Theory, Law, and Morality,
Chapter One: Background Principles in Microeconomics,
Chapter Two: Essential Concepts in the Law-and-Economics Literature,
Chapter Three: Utilitarianism, Neoclassical Welfare Economics, and the Ethics of Markets

Part II: The Law of Tort,
Chapter One: The Economics of Liability Rules and Accidents,
Chapter Two: An Economic Account of Tort Doctrine

Part III: Criminal Law,
Chapter One: An Economic Account of Criminal Behaviour,
Chapter Two: Optimal Criminal Sanctions,
Chapter Three: Problems in Criminal Law

Part IV: Property ,
Chapter One: The Economic Role of Property Rights,
Chapter Two: Protecting Entitlements

Part V: The Law of Contract,
Chapter One: An Economic Theory of Contract Law,
Chapter Two: The Economics of Contractual Remedies

Part VI: Litigation,
Chapter One An Economic Theory of Litigation

Part VII: Innovation Policy,
Chapter One: Innovation Policy,
Chapter Two: The Patent System,
Chapter Three: Copyright Law

Part VIII: Competition Law and Natural-Monopoly Regulation,
Chapter One: Antitrust and The Regulation of Business Strategy,
Chapter Two: Antitrust Limits on Contract,
Chapter Three: Monopolisation, Chapter Four: The Regulation of Natural Monopoly

Part IX: Behavioural Law & Economics ,
Chapter One Behavioural Law & Economics