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Vol 23 No 2 Feb/March 2018

Book of the Month

Cover of The UK Supreme Court Yearbook Volume 8: 2016-2017 Legal Year

The UK Supreme Court Yearbook Volume 8: 2016-2017 Legal Year

Edited by: Daniel Clarry
Price: £120.00

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The Economics of Private Law: V. 2

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ISBN13: 9781858986425
ISBN: 1858986427
Published: May 2001
Publisher: Edward Elgar Publishing Limited
Format: Hardback
Price: £120.00

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The pioneering work of Judge Richard Posner has brought to light the broad relevance of economics to virtually all areas of law. During the last three decades of the 20th century, Judge Posner provided seminal contributions to the development of an overarching economic theory of law, with applications including traditional legal subjects, such as torts and contracts, as well as non-standard topics, such as his study of primitive law and ancient customs. This selection of Judge Posner's essays reveals the importance of economic efficiency as a driving force in the formation of legal rules and, along with a rigorous introduction by Professor Parisi, demonstrates Judge Posner's unparalleled influence on the role of economics in private law.

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Law and Economics
Part 1 Anthropology and the emergence of law: a theory of primitive society, with special reference to law; retribution and related concepts of punishment; anthropology and economics.
Part 2 Tort law: the positive economic theory of tort law; a theory of negligence; strict liability - a comment; wealth maximization and tort law - a philosophical inquiry.
Part 3 Contract law: gratuitous promises in economics and law; impossibility and related doctrines in contract law -an economic analysis.
Part 4 Family law: the economics of the baby shortage; the regulation of the market in adoptions; the ethics and economics of enforcing contracts of surrogate motherhood; conservative feminism.
Part 5 The economics of privacy: the right of privacy; privacy, secrecy and reputation; blackmail, privacy and freedom of contract; the economics of privacy.