{"product_id":"economic-analysis-of-the-law-isbn-9780631231585","title":"Economic Analysis of the Law","description":"Providing students with a solid grounding in the economic analysis of the law, this reader brings together edited versions of diverse and challenging journal articles into a unified collection. Chosen to provoke thought and discussion, these carefully streamlined articles apply economic theories to many aspects of the law, from intellectual property, corporate finance, and contracts to property rights, family law, and criminal law.\u003cbr\u003e \u003cul\u003e \u003cli style=\"list-style: none\"\u003e\n\u003cbr\u003e \u003c\/li\u003e \u003cli\u003eProvides real-life examples and implications of economic theory.\u003cbr\u003e \u003c\/li\u003e \u003cli\u003eCreates a unified vision of the law, showing the interconnections between the various fields.\u003cbr\u003e \u003c\/li\u003e \u003cli\u003eCovers a broad range of topics, from intellectual property and corporate finance to family and criminal law.\u003cbr\u003e \u003c\/li\u003e \u003cli\u003eEncourages intuitive understanding and applications of the economic principles, due to reduced mathematical content.\u003c\/li\u003e \u003c\/ul\u003e  Preface.. \u003cp\u003eAcknowledgments.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I: Coase Theorem.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1. \"The Problem of Social Cost\" (Ronald H. Coase).\u003c\/p\u003e \u003cp\u003e2. \"The Cost of Coase\" (Robert Cooter).\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II: Property Rights, Liability Rules and Regulation.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e3. \"Property Rules, Liability Rules and Inalienability: One View from the Cathedral\" (Guido Calabresi and A. Douglas Melamed).\u003c\/p\u003e \u003cp\u003e4. \"Economic Theory of Liability Rules\" (John Brown).\u003c\/p\u003e \u003cp\u003e5. \"Unity in Tort, Contract and Property: The Model of Precaution\" (Robert Cooter).\u003c\/p\u003e \u003cp\u003e6. \"Coming to the Nuisance\" (Donald Wittman).\u003c\/p\u003e \u003cp\u003e7. \"Liability for Harm versus Regulation of Safety\" (Steven Shavell).\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III: Intellectual Property.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e8. \"Mistake, Disclosure, Information and the Law of Contracts\" (Anthony T. Kronman).\u003c\/p\u003e \u003cp\u003e9. \"An Economic Analysis of Copyright Law\" (William M. Landes and Richard Posner).\u003c\/p\u003e \u003cp\u003e10. \"Authors' and Artists Moral Rights: A Comparative Legal and Economic Analysis\" (Henry Hansmann and Marina Santilli).\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV: Contracts and Warranties.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e11. \"A Theory of the Consumer Product Warranty\" (George L. Priest).\u003c\/p\u003e \u003cp\u003e12. \"Fixed Price versus Spot Price Contracts: A Study in Risk Allocation\" (A. Mitchell Polinsky).\u003c\/p\u003e \u003cp\u003e13. \"The Theory of the Firm and the Structure of the Franchise Contract (Paul H. Rubin).\u003c\/p\u003e \u003cp\u003e14. \"Transaction Cost Determinants of Unfair Contractural Arrangements\" (Benjamin Klein).\u003c\/p\u003e \u003cp\u003e15. \"The Law and Economics Approach to Contract Theory\" (Alan Scwartz).\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart V: Corporations and Corporate Finance.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e16. \"Limited Liability in the Theory of the Firm\" (Susan E. Woodward).\u003c\/p\u003e \u003cp\u003e17. \"Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure\u003ci\u003e” (Michael C. Jensen and William H. Meckling)\u003c\/i\u003e.\u003c\/p\u003e \u003cp\u003e18. \"State Law, Shareholder Protection and the Theory of the Corporation\" (Ralph K. Winter).\u003c\/p\u003e \u003cp\u003e19. \"The Proper Role of a Target's Management in Responding to a Tender Offer\" (Frank H. Easterbrook and Daniel R. Fischel).\u003c\/p\u003e \u003cp\u003e20. \"The Regulation of Insider Trading\" (Dennis W. Carlton and Daniel R. Fischel).\u003c\/p\u003e \u003cp\u003e21. \"Corporate Reorganizations and the Treatment of Diverse Ownership Interests: A Comment on Adequate Protection of Secured Creditors in Bankruptcy\" (Douglas G. Baird and Thomas H. Jackson).\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart VI: Family Law.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e22. \"The Economics of the Baby Shortage\" (Elisabeth M. Landes and Richard A. Posner).\u003c\/p\u003e \u003cp\u003e23. \"A Market for Babies\" (J. Robert S. Prichard).\u003c\/p\u003e \u003cp\u003e24. \"Marriage, Divorce and Quasi-rents: Or I gave him the best year of my life\" (Lloyd Cohen).\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart VII: Crime and Criminal Law.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e25. \"Crime and Punishment: An Economic Approach\" (Gary S. Becker).\u003c\/p\u003e \u003cp\u003e26. \"Blackmail, Privacy and Freedom of Contract\" (Richard A. Posner).\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart VIII: Norms.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e27. \"Property Rights in Aboriginal Societies\" (Martin J. Bailey).\u003c\/p\u003e \u003cp\u003e28. \"Property in Land\" (Robert C. Ellickson).\u003c\/p\u003e \u003cp\u003e29. \"Efficient Rules of Thumb in Highway Safety and Sports Activity\" (Donald Wittman).\u003c\/p\u003e \u003cp\u003e30. \"Rings and Promises\" (Margaret F. Brinig).\u003c\/p\u003e \u003cp\u003eIndex.\u003c\/p\u003e  'Professor Wittman collects some of the best and most provocative works on law and economics in this one book. An excellent entry point for those who are new to the field, this book is also a terrific resource for those who already know the value of the economic analysis of law. The ideas examined in these pages have power almost everywhere one looks.' Saul Levmore, University of Chicago Law School \u003c!--end--\u003e \u003cbr\u003e \u003cp\u003e'Wittman has condensed many of the classic writings in law and economics to their essence. I wager that many more than students will find this useful.' Aaron Edlin, UC Berkeley School of Law\u003cbr\u003e \u003c\/p\u003e \u003cp\u003e'Professor Wittman selects truly seminal pieces and puts them into perspective. The commentaries linking the articles should be illuminating for both students and advanced scholars, and are a true contribution to the literature by themselves. The articles have been shortened intelligently, making them much more accessible and highlighting the core arguments. This collection comes very close to being the perfect introduction to law and economics literature.' Gerrit De Geest, Utrecht University, Belgium\u003c\/p\u003e \u003cb\u003eDonald A. Wittman\u003c\/b\u003e is Professor of Economics at the University of California, Santa Cruz. His articles have been published in top legal, economic, and political science journals, and he has published two books, \u003ci\u003eThe Myth of Democratic Failure\u003c\/i\u003e (1995) and \u003ci\u003eThe Federalist Papers: The New Institutionalism and the Old\u003c\/i\u003e (co-edited with B. Grofman, 1989).  Providing students with a solid grounding in the economic analysis of the law, this reader brings together diverse and challenging journal articles into a unified collection. Chosen to provoke thought and discussion, these carefully streamlined articles apply economic theories to many aspects of the law, from intellectual property, corporate finance, and contracts to property rights, family law, and criminal law.\u003cbr\u003e \u003cp\u003eMost of the formal mathematics has been removed, allowing these articles to reach a student audience, while also encouraging an intuitive understanding and application of the economic principles. Brief introductions to each article explain their background and context. This collection will be a valuable addition to courses in both economics and law, providing economics majors with a respite from dry theory, and giving law students a broad, unified vision of the law.\u003c\/p\u003e","brand":"Wiley-Blackwell","offers":[{"title":"Default Title","offer_id":47989100970213,"sku":"NP9780631231585","price":83.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780631231585.jpg?v=1761782799","url":"https:\/\/k12savings.com\/es\/products\/economic-analysis-of-the-law-isbn-9780631231585","provider":"K12savings","version":"1.0","type":"link"}