Rent 9780673463326 | Law and Economics | Cooter, Robert @knetbooks.com

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Table of Contents

Preface

1 An Introduction to Law and Economics

(8)

I. What is the Economic Analysis of Law?

(1)

... MORE

II. Some Examples

(3)

III. Why Should Lawyers Study Economics? Why Should Economists Study Law?

(1)

IV. The Plan of this Book

(2)

2 A Review of Microeconomic Theory

(46)

I. Overview: The Structure of Microeconomic Theory

(1)

II. Some Fundamental Concepts: Maximization, Equilibrium, and Efficiency

(2)

III. Mathematical Tools

(4)

IV. The Theory of Consumer Choice and Demand

(9)

V. The Theory of Supply

(4)

VI. Market Equilibrium

(4)

VII. Game Theory

(3)

VIII. The Theory of Asset Pricing

(1)

IX. General Equilibrium and Welfare Economics

(5)

X. Decision-making Under Uncertainty: Risk and Insurance

(13)

3 An Introduction to Law and Legal Institutions

(14)

I. The Civil Law and the Common Law Traditions

(3)

II. The Institutions of the Federal and the State Court Systems of the United States

(3)

III. The Nature of a Legal Dispute

(1)

IV. How Legal Rules Evolve

(6)

4 An Economic Theory of Property

(42)

I. The Legal Concept of Property

(1)

II. Bargaining Theory

(2)

III. The Origins of the Institution of Property: A Thought Experiment

(4)

IV. An Economic Theory of Property

(15)

V. How are Property Rights Protected?

(7)

VI. What Can Be Privately Owned?

100

(3)

VII. What May Owners Do with Their Property?

103

(1)

VIII. On Distribution

104

(3)

Appendix: The Philosophical Concept of Property

107

(4)

5 Topics in the Economics of Property Law

111

(50)

I. What Resources Should Be Protected By Property Rights?

112

(16)

II. How are Property Rights Established and Verified?

128

(5)

III. Legal Restraints on Property Rights

133

(5)

IV. Conflicting Property Rights: The Problem of Separability

138

(8)

V. Public and Private Property

146

(3)

VI. The Public Use of Private Property: Takings and Regulation

149

(12)

6 An Economic Theory of Contract

161

(42)

I. Bargain Theory: An Introduction to Contracts

162

(5)

II. An Economic Theory of Contract

167

(36)

7 Topics in the Economics of Contract Law

203

(56)

I. Remedies as Incentives

203

(31)

II. Formation Defenses and Performance Excuses

234

(25)

8 An Economic Theory of Tort Law

259

(36)

I. Defining Tort Law

261

(9)

II. An Economic Theory of Tort Liability

270

(23)

Appendix: Liability and Symmetry

293

(2)

9 Topics in the Economics of Tort Liability

295

(39)

I. Extending the Economic Model

295

(11)

II. Computing Damages

306

(10)

III. Applying the Economic Theory of Tort Liability: Tort Law Reform

316

(18)

10 An Economic Theory of the Legal Process

334

(49)

I. Why Sue?

338

(11)

II. Exchange of Information

349

(6)

III. Settlement Bargaining

355

(7)

IV. Trial

362

(12)

V. Appeals

374

(9)

11 An Economic Theory of Crime and Punishment

383

(25)

I. The Traditional Theory of Criminal Law

384

(3)

II. An Economic Theory of Crime and Punishment

387

(21)

12 Topics in the Economics of Crime and Punishment

408

(33)

I. Crime in the United States

408

(5)

II. Does Punishment Deter Crime?

413

(5)

III. Efficient Punishment

418

(7)

IV. The Death Penalty

425

(5)

V. The Economics of Addictive Drugs and Crime

430

(5)

VI. The Economics of Handgun Control

435

(6)

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