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Principles of Law and Economics


ISBN13: 9781138806016
Published: October 2014
Publisher: Routledge
Country of Publication: UK
Format: Hardback
Price: £180.00
Paperback edition , ISBN13 9781138806023



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This textbook places the relationship between law and economics in its international context, explaining the fundamentals of this increasingly important area of teaching and research in an accessible and straightforward manner. In presenting the subject, Alan Devlin draws on the neoclassical tradition of economic analysis of law while also showcasing cutting- edge developments, such as the rise of behavioural economic theories of law.

Key features of this innovative book include:

  • case law, directives, regulations, and statistics from EU, UK, and US jurisdictions are presented clearly and contextualised for law students, showing how law and economics theory can be understood in practice;
  • succinct end- of-chapter summaries highlight the essential points in each chapter to focus student learning;
  • urther reading is provided at the end of each chapter to guide independent research.
Making use of tables and diagrams throughout to facilitate understanding, this text provides a comprehensive overview of law-and-economics that is ideal for those new to the subject and for use as a course text for law-and-economics modules.

Subjects:
Law and Economics
Contents:
Introduction

Part I: Economic Theory, Law, and Morality
Chapter One: Background Principles in Microeconomics
Chapter Two: Essential Concepts in the Law-and-Economics Literature
Chapter Three: Utilitarianism, Neoclassical Welfare Economics, and the Ethics of Markets

Part II: The Law of Tort
Chapter One: The Economics of Liability Rules and Accidents
Chapter Two: An Economic Account of Tort Doctrine

Part III: Criminal Law
Chapter One: An Economic Account of Criminal Behaviour
Chapter Two: Optimal Criminal Sanctions
Chapter Three: Problems in Criminal Law

Part IV: Property
Chapter One: The Economic Role of Property Rights
Chapter Two: Protecting Entitlements

Part V: The Law of Contract
Chapter One: An Economic Theory of Contract Law
Chapter Two: The Economics of Contractual Remedies

Part VI: Litigation
Chapter One An Economic Theory of Litigation

Part VII: Innovation Policy
Chapter One: Innovation Policy
Chapter Two: The Patent System
Chapter Three: Copyright Law

Part VIII: Competition Law and Natural-Monopoly Regulation
Chapter One: Antitrust and The Regulation of Business Strategy
Chapter Two: Antitrust Limits on Contract
Chapter Three: Monopolisation
Chapter Four: The Regulation of Natural Monopoly

Part IX: Behavioural Law & Economics
Chapter One Behavioural Law & Economics

Conclusion