Law and Economics

Law and Economics
By:Robert Cooter,Thomas Ulen
Published on 2000 by Addison Wesley

This best-selling text continues to provide studentswith a clear method for applying economic analysis to the study of legal rules and institutions. Following an overview of the tools of economic analysis for law students and the tools of legal analysis for economics students, uniquely paired chapters offer a combination of clear theoretical analysis followed by practical application. Economic theories in four core areas of the law are used to explain and analyze topics, illustrating how microeconomic theory can be used to increase understanding of the law and improve public policy. The Third Edition has been thoroughly revised, improving the clarity and flow in exposition, as well as updating the data and examples. *Added examples and cases help to further clarify economic applications. *Unique two-chapter sequences set up the economic model in the first chapter, and then apply the model in the second chapter. *Four key areas of the law are covered: property, contracts, torts, and crime and punishment. *Cases from previous editions and other materials will be posted on the Web. *Learning Aids: Questions, Boxed Inserts, Chapter-End References, Extensive Footnotes, Answers to questi

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