The textbook focuses largely on the economics of core areas in common law: property, contract and tort, with additional chapters on criminal law, procedural matters and family law. This updated third edition also includes a chapter on the economics of corporate law that addresses the key issues surrounding the nature of the firm and the incentives attached to corporate legal structures.

Key features include:

• Clear and succinct language used throughout with limited usage of jargon or specialist terms
• Designed to be accessible for use by students of law and economics alike
• Economic analysis and legal principles treated in a self-contained manner for ease of reference
• Legal cases summarized for the benefit of highlighting relevant economic issues
• A focus on the common law, including comparative references to civil law
• Review questions at the end of each chapter to encourage further analysis and debate around key topics.